Stocks to Short Based on Artificial Intelligence: Up to 17.6% in 7 Days
Stocks to Short
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 picks to long
- top ten stocks picks to short
- S&P 500 forecast
Package Name: Top 10 Stocks
Forecast Length: 7 Days (12/1/15 – 12/8/15)
I Know First Average: 8.74% (Short)
I Know First’s 7-Day forecast the stocks package witnessed a remarkable 9 of the 10 stocks decrease in accordance with the Stock Market Algorithm prediction. FCX took the lead returning -17.60% during the 7-day time horizon as the algorithm indicated. Likewise, PAA and HUN were also included in the top 10 short picks of the S&P100 (OEX) and had strong returns of -17.39% and -15.58% respectively over the month. The average return of 8.74% during the forecasted time horizon easily outperformed the S&P 500 average return of -1.26% during the same time.
Freeport-McMoRan Inc. (FCX) is a natural resource company with an industry portfolio of mineral assets, oil and natural gas resources, and a production profile. FCX has organized its operations into six primary divisions: North America copper mines, South America mining, Indonesia mining, Africa mining, Molybdenum mines, and United States oil and gas operations.
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.
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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.