Strong Buy Stocks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish (strong buy stocks) and bearish signals (strong sell stocks):

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

Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 7 Days (8/28/2019 – 9/4/2019)
I Know First Average: 2.87%

During the 7 Days forecasted period several picks in the Stock Forecast & S&P 500 Forecast Package saw significant returns. The algorithm had correctly predicted 10 out 10 returns. The top-performing prediction in this forecast was MU, which registered a return of 10.3%. The suggested trades for NVDA and CGNX also had notable 7 Days yields of 4.3% and 3.9%, respectively. The package had an overall average return of 2.87% during the period providing premium of 0.48% over S&P 500’s return of 2.39%.

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.