Top S&P 500 Stocks Based on Algo Trading: Returns up to 5.86% in 7 Days

Top S&P 500 Stocks

This top S&P 500 stocks forecast is designed for investors and analysts who need predictions for the whole S&P 500 (See S&P 500 Companies Package). It includes 20 shares with bullish and bearish signals and indicates the best S&P 500 Companies shares to buy:

  • Top 10 S&P 500 stocks for the long position
  • Top 10 S&P 500 stocks for the short position

sp500
Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (4/2/21 – 4/11/21)
I Know First Average: 2.84%
Top S&P 500 Stocks
Top S&P 500 Stocks chart

There were many high-performing trades, and the algorithm correctly predicted 9 out of 10 trades. The prediction with the highest return was ABMD, at 5.86%. The suggested trades for POOL and CPRT also had notable 7 Days yields of 5.1% and 4.81%, respectively. The package saw an overall yield of 2.84% versus the S&P 500’s return of 2.71% implying a market premium of 0.13%.

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.