Stock Market Trends Based on a Self-learning Algorithm: Returns up to 28.06% in 7 Days

Stock Market Trends

This Retail Stocks forecast is designed for investors and analysts who need stock market trends predictions for the best stocks to invest in the retail estate sector (see Retail Stocks Package). It includes 20 stocks with bullish and bearish signals:

  • Top 10 Retail stocks for the long position
  • Top 10 Retail stocks for the short position

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/6/2019 – 10/14/2019)
I Know First Average: 4.63%
Stock Market Trends
Stock Market Trends chart

During the 7 Days forecasted period several picks in the Retail Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The highest trade return came from ASNA, at 28.06%. Other notable stocks were CSS and FRAN with a return of 14.58% and 14.07%. The package had an overall average return of 4.63%, providing investors with a premium of 4.15% over the S&P 500’s return of 0.48% during the same period.

Ascena Retail Group, Inc., incorporated on July 27, 2010, is a specialty retailer of apparel for women and tween girls. The Company classifies its businesses into six segments: ANN, Justice, Lane Bryant, maurices, dressbarn and Catherines. As of July 30, 2016, the Company operated approximately 4,900 stores in 49 United States’ states, the District of Columbia, Canada and Puerto Rico.

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.