Top Stock Picks

This Top Stock Picks 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 stocks 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: 7 Days (8/1/22 – 8/8/22)
I Know First Average: 8.26%

6 out of 10 stock prices in this forecast for the Stock Forecast & S&P500 Forecast Package moved as predicted by the algorithm. The top-performing prediction in this forecast was CVNA, which registered a return of 59.38%. The suggested trades for CGC and CZR also had notable 7 Days yields of 24.71% and 7.31%, respectively. The package itself saw an overall return of 8.26%, providing investors with a 8.02% premium above the S&P 500’s return of 0.24% for the same time 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.