Swing Trading Based on Algorithms: Return up to 30.56% (short) in 7 Days
Swing Trading
This swing trading forecast is part of the Energy Stocks package is designed for investors and analysts who need stock predictions of the best-performing stocks for the whole Energy Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:
- Top 10 energy stocks for the long position
- Top 10 energy stocks for the short position
Package Name: Energy Stocks 
Forecast Length: 7 Days (05/09/16 – 05/16/16)
I Know First Average: 2.71% (long); 3.74% (short)
There were a couple of high-earning stocks for both the long and short position in this 7-day forecast from the Energy package. WPZ returned 15.69% in the long position and SGY returned 30.56% to investors in the short position. Other notable stocks from this forecast were CLMT, YGE, and HFC with individual returns of 9.05%, 8.97%, and 7.16% all in the short position. The package averages were 2.71% (long) and 3.75% (short) compared to the S&P 500’s 0.46% growth.
Stone Energy Corporation (SGY), an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico. The company recently released Q1 earnings report revealing a wider-than-expected loss for the fiscal quarter.
Algorithmic traders utilise 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
