Stock Market Outlook Based on Algorithms: Up To 30.09% Return in 14 Days

Stock Market Outlook

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 (01/01/2015 – 01/15/2016)
I Know First Average: 16.85%

Stock Market Outlook

10 of the 10 stocks included in the Top 10 Stocks forecast from 01/01/2016 decreased in accordance with the algorithm’s short prediction for the 14 days time horizon. The top performing stock was AA with a return of 30.09% other very good performers were WFT with 26.22% and PBR with 23.95%. Investors using the I Know First service who invested evenly in these stocks would have outperformed the -8.00% S&P 500 average  with IKF’s 16.85% average during the predicted time horizon.

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company has been in a tough position as commodities prices have been low. Furthermore, Alcoa’s plans for a company split have not inspired investor confidence.

Algorithmic traders utilise 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.