Strong Buy Stocks Based on Stock Market Algorithm: Returns up to 16.55% in 7 Days
Strong Buy Stocks
This Strong Buy Stocks 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 and bearish signals:
- 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 (8/28/23 – 9/4/23)
I Know First Average: 6.46%
Several predictions in this 7 Days forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. CAMT was the highest-earning trade with a return of 16.55% in 7 Days. CALX and NTRA also performed well for this time horizon with returns of 11.59% and 8.96%, respectively. The package’s overall average return was 6.46%, providing investors with a 3.96% premium over the S&P 500’s return of 2.5% during the same period.
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.