Stock Market Forecasting

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 (04/06/16 – 04/20/16)
I Know First Average: 9.91%

Eight of the top ten stocks for this forecast increased, along with the S&P 500, for the 14-day period.  was the top performer with a 22.11% return to investors, plus CVE excelled with a 19.14% return and MDVN followed closely behind with a 16.99% return for the short-term period. Those who invested even-handedly in this package saw a 9.91% average return for the period which compares nicely to the S&P 500’s 2.80% return for the same period.

United States Steel Corporation produces and sells flat-rolled and tubular steel products in North America and Europe. It operates through three segments: Flat-Rolled Products (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular). Steel prices have continued to rise and this trend doesn’t appear to be changing in the near future. U.S. Steel has seen massive stock growth due to a combination of this price increase and strong fundamentals. The company will be releasing its 1Q16 earnings report soon and analysts are speculating that it will beat earnings estimates.

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.