Stock Market Algorithm

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

• top ten stocks pick to long
• top ten stocks pick to short
• S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 14 Days (04/11/16 – 04/25/16)
I Know First Average: 12.24%

This impressive forecast from the algorithm had all ten top stocks increase as predicted plus the S&P 500. SID was our top stock pick with a return of 46.75%. Other impressive stocks include WPZ, ENLK, and CVE with returns of 26.84%, 13.86%, and 13.84%. The average return for the package was 12.24% while the S&P 500 returned only 1.96%.

Companhia Siderúrgica Nacional (SID) produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. The governmental situation in Brazil has led to various investors to trust that the Brazilian recession may soon turn around.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.