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 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 (4/23/24 – 4/30/24)
I Know First Average: 3.36%

In this 7 Days forecast for the Stock Forecast & S&P500 Forecast Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The prediction with the highest return was ZIM, at 19.8%. SE and BOOT saw outstanding returns of 6.33% and 3.19%. This algorithmic forecast package presented an overall return of 3.36% versus the S&P 500’s performance of 0.5% providing a market premium of 2.86%.

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.