Swing Trading: Up To 20.14% Return In 7 Days

Swing Trading

This stock market forecast includes the best stocks determined by the algorithm with a market capitalization of less than a billion dollars.

  • 10 Best Small Cap stocks for the long position
  • 10 Best Small Cap stocks for the short position

Package Name: Small Cap Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/09/15 – 8/16/15)
I Know First Average: 4.12%

swing trading

I Know First’s 7-day forecast from the Small Cap stocs package had 5 of the 10 stocks increase in accordance with the algorithm’s prediction. NPTN performed extremely well, returning 20.14% during the time horizon as the algorithm indicated. Likewise, ESI and TREE were also included in the top 10 picks of the Small Cap stocks forecast and had strong returns of 13.91% and 10.47% over 7 days. The average return of 4.12% during the forecasted time horizon easily outperformed the S&P 500 return of 0.67% during the same time.

NeoPhotonics (NPTN) jumped on Monday in a quick bounce back from the stock price crashing in response to its second quarter earnings report. During the conference call, the company’s management lowered guidance, causing the stock price to fall precipitously. The I Know First algorithm then had a bullish prediction, correctly predicting the resulting jump in the stock price.

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.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.