Stock Market Forecast Based on Artificial Intelligence: Up to 20.21% (Short) in 7 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 prediction 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: 7 Days (11/30/15 – 12/07/15)
I Know First Average:  7.16% (Short)

Stock Market Forecast

9 out of the 10 stocks in the 7-day S&P 500 forecast  for the short position decreased in accordance to the algorithm’s prediction from 11/30/15. The top performing stock for the short position  was CLR which decreased by 20.21% in the predicted time horizon. CVI and WFT offered strong returns as well, decreasing 10.05% and 8.76%, respectively.

Continental Resources, Inc (CLR). is an independent crude oil and natural gas exploration and production company.  Like a lot of oil companies CLR has been struggling due to low oil prices. The company is hoping to recover by breaking even with the cash flow, and by spending less and but producing more.