Stock Predictions Based on Algorithms: Returns Up to 8.06% (Long) and 13.26% (Short) in 7 Days

Stock 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 predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 7 Days (10/9/15 – 10/16/15)
I Know First Average: 3.10% (Long) , 4.81% (Short)

Stock Predictions

I Know First’s 14 day forecast from the S&P 500 Stocks package witnessed a remarkable 10 of the 10 stocks increase in accordance with the Stock Market Algorithm prediction. For the long position BMRN took the lead returning 8.06% during the 7 day time horizon as the algorithm indicated. Likewise, DXCM and CNC were also included in the top 10 picks of the S&P500 (OEX) and had strong returns of 6.78% and 5.75% respectively over 7 days. The average return for the long position of 4.81% during the forecasted time horizon easily outperformed the S&P 500 average return of 0.98% during the same time. For the short position AA performed the best at 13.26%. PTEN and WFT had strong returns as well at – 12.88% and 11.66%. The average for the short position was 4.81%

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.