Stock Trends Using Artificial Intelligence: Up to 27.74% in 1 Month

Stock Trends

This forecast is part of the “S&P 100 Stocks” 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

Package Name: S&P100 Stocks
Forecast Length: 1 Month (7/24/15 – 8/24/15)
I Know First Average: 13.69% (Short)

Stock Trends

I Know First’s 1-Month forecast from the S&P100 Stocks package witnessed a remarkable 10 of the 10 stocks decrease in accordance with the Stock Market Algorithm prediction.  Biogen (BIIB) took the lead returning 27.74% during the 1-month time horizon as the algorithm indicated. Likewise, HAL and TWX were also included in the top 10 short picks of the S&P100 (OEX) and had strong returns of 20.72% and 20.39% respectively over the month. The average return of 13.69% during the forecasted time horizon easily outperformed the S&P 500 average return of -9.94% during the same time.

Biogen is a biotechnology corporation which is based in Cambridge. They are working on the manufacturing, the development and the marketing of innovative therapies for patients worldwide. Its stock collapsed because of the slowing sales of one of its main drug which is called Tecfidera and also because investors have a negative perception of its promising Alzheimer’s therapy.

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.