Top S&P 500 Stocks Based on Pattern Recognition: Returns up to 13.42% 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 stocks with bullish and bearish signals and indicates the best shares to buy:
- Top 10 S&P 500 stocks for the long position
- Top 10 S&P 500 stocks for the short position
Package Name: Top S&P 500 Stocks
Recommended Positions: Long
Forecast Length: 7 Days (9/12/24 – 9/19/24)
I Know First Average: 4.83%
During the 7 Days forecasted period several picks saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. The prediction with the highest return was CCL, at 13.42%. Additional high returns came from PNR and ZBRA, at 8.4% and 7.81% respectively. The overall average return in this package was 4.83%, providing investors with a 1.96% premium over the S&P 500’s return of 2.87% during the same period.
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.