Top S&P 500 Picks Based on Data Mining: Returns up to 14.27% in 7 Days

Top S&P 500 Picks

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 S&P 500 Companies 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: S&P 500 Companies
Recommended Positions: Long
Forecast Length: 7 Days (8/15/2019 – 8/22/2019)
I Know First Average: 5.06%
Top S&P 500 Picks
Top Stock Picks chart

For this 7 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from NVDA, at 14.27%. MU and LRCX followed with returns of 6.52% and 6.02% for the 7 Days period. The package had an overall average return of 5.06% during the period implying premium of 2.16% over the S&P 500’s return of 2.90%.

NVIDIA Corporation (NVDA) is as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications

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.