Stock Market Forecast

Stock Market Forecast: This algorithmic forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:

• access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
• ownership of more than 10% of the company’s equity

Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 7 Days (7/6/23 – 7/13/23)
I Know First Average: 14.71%

During the 7 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. RIOT was our best stock pick with a return of 49.3%. CLSK and MARA also performed well for this time horizon with returns of 41.21% and 24.04%, respectively. The package itself saw an overall return of 14.71%, providing investors with a 13.29% premium above the S&P 500’s return of 1.42% for the same time period.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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