Top Stock Picks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 top stock picks with bullish and bearish signals:

• • Top 10 stocks pick for the long position
  • Top 10 stocks pick for the short position

Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 3 days (7/18/2019 – 7/21/2019)
I Know First Average: 1.09%

In this 3 days forecast for the Stock Forecast & S&P500 Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out 10 trades. The top performing prediction from this package was MU with a return of 4.96%. Further notable returns came from XPO and SCHW at 3.8% and 3.66%, respectively. The package had an overall average return of 1.09%, providing investors with a 1.35% premium over the S&P 500’s return of -0.26% during the period.

Micron Technology, Inc. (MU) through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules. It is a part of the Semiconductor Devices industry.

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.