Top S&P 500 Stocks Based on Algorithmic Trading: Returns up to 10.66% in 3 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 stocks with bullish and bearish signals and indicates the best stocks 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: 3 Days (10/30/2020 – 11/3/2020)
I Know First Average: 2.91%
Top S&P 500 Stocks
Top S&P 500 Stocks chart

8 out of 10 stock prices in this forecast for the Top S&P 500 Package moved as predicted by the algorithm. The greatest return came from BKR at 10.66%. Other notable stocks were TT and ALGN with a return of 6.98% and 6.51%. The package’s overall average return was 2.91%, providing investors with a 1.13% premium over the S&P 500’s return of 1.78% during the same period.

President – Turbomachinery and Process Solutions

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.