Stock Market Forecast Based on Algorithms: Up to 25.75% Return in 30 Days

Stock Market Forecast

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 predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Top 10 Stocks
Forecast Length: 1 Month (10/4/2015 – 11/4/2015)
I Know First Average: 8.18%

Stock Market Forecast

Eight out of the ten stocks included in the Top 10 Stocks forecast from 11/4/15 increased in accordance with the algorithm’s prediction for the 30 day time horizon. The top performing stocks were HUN and ALNY with returns of 25.75% and 18.14%, respectively. Investors using the I Know First service who invested evenly in these stocks would have returned  8.18%, compared to the S&P 500 return of 7.74% during the same time period.

Huntsman Corporation, this forecast’s top performer, is a manufacturer and marketer of chemicals. They had recently announced a $100 million share repurchase with Citibank. Their Q3 earnings revealed an EBITDA of $311 million and a major reduction in planned capital.

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.