Top Stocks

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: 3 Days (8/9/2020 – 8/12/2020)
I Know First Average: 4.31%

The algorithm correctly predicted 8 out 10 of the suggested trades in the Stock Forecast & S&P500 Forecast Package for this 3 Days forecast. The top-performing prediction in this forecast was BLDR, which registered a return of 12.78%. MGM and KSS saw outstanding returns of 11.04% and 6.4%. The overall average return in this Stock Forecast & S&P500 Forecast package was 4.31%, providing investors with a 3.44% premium over the S&P 500’s return of 0.87% 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.