Stock Market Predictions Based On a Predictive Algorithm: 66.17% in 3 Months

Stock Market Predictions

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: 3 month (10/20/2015 – 01/20/2016)
I Know First Average: 37.21%

Stock Market Predictions

10 of the 10 stocks included in the Top 10 Stocks forecast from 10/20/2015 decreased in accordance with the algorithm’s short prediction for the 3 month time horizon. The top performing stock was FCX with a return of 66.17% other very good performers were CHK with 58.96% and VALE with 49.35%. Investors using the I Know First service who invested evenly in these stocks would have outperformed the -8.57% S&P 500 average  with IKF’s 37.21% average during the predicted time horizon.

Freeport-McMoRan Inc., a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. The Firm Levi & Korsinsky, LLP announced an investigation taking place at Freeport-McMoRan Inc involving possible violations of federal securities laws by the board of directors of Freeport.

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.