Swing Trading

This Retail Stocks forecast is designed for investors and analysts who need predictions for the best stocks for swing trading the retail estate sector (see Retail Stocks Package). It includes 20 stocks with bullish and bearish signals:

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

Package Name: Retail Stocks
Recommended Positions: Long
Forecast Length: 1 Month (5/1/2020 – 6/1/2020)
I Know First Average: 10.97%

The algorithm correctly predicted 6 out 10 of the suggested trades in the Retail Stocks Package for this 1 Month forecast. The top performing prediction from this package was LL with a return of 41.84%. Further notable returns came from BGFV and MIK at 40.88% and 35.85%, respectively. The package itself saw an overall return of 10.97%, providing investors with a 6.05% premium above the S&P 500’s return of 4.92% for the same time period.

Lumber Liquidators Holdings, Inc (LL)., together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers hardwood species, engineered hardwood, laminates, and resilient vinyl flooring; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. The company also provides in-home delivery and installation services. The company offers its products primarily under the Bellawood brand and Lumber Liquidators name. It primarily serves homeowners, or to contractors on behalf of homeowners. As of December 31, 2015, it operated 366 stores in the United States and 8 stores in Canada. The company also offers its products through its Website and catalogs. Lumber Liquidators Holdings, Inc (LL). was founded in 1994 and is headquartered in Toano, Virginia.

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.