Stock Market Trends Based on Pattern Recognition: Returns up to 5.1% in 3 days

Stock Market Trends

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This algorithmic forecast is for stocks with recently reported insiders’ transactions and indicates the stock market trends on a daily basis. 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

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 days (7/19/2019 – 7/23/2019)
I Know First Average: 1.97%
Stock Market Trends
Stock Market Trends chart

For this 3 days forecast the algorithm had successfully predicted 7 out of 10 movements. MU was the highest-earning trade with a return of 5.1% in 3 days. Further notable returns came from KLAC and SCHW at 5.07% and 4.94%, respectively. The package itself saw an overall return of 1.97%, providing investors with a 1.62% premium above the S&P 500’s return of 0.35% for the same time period.

Micron Technology, Inc. (MU) through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. It is a part of the Semiconductor Devices industry.

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.