Trade Ideas

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This algorithmic trade ideas forecast is for stocks with recently reported insiders’ transactions.
An “insider” is any person who possesses at least one of the following:

• access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
• ownership of more than 10% of the company’s equity

Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Days (9/4/2020 – 9/7/2020)
I Know First Average: 0.77%

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. The highest trade return came from NAV, at 5.87%. CCL and TWI also performed well for this time horizon with returns of 5.4% and 4.65%, respectively. The overall average return in this Insider Trades package was 0.77%, providing investors with a 1.58% premium over the S&P 500’s return of -0.81% during the same period.

Navistar International Corporation  (NAV) is a US company that manufactures commercial trucks, buses, defense vehicles, and engines. Navistar consists of four operating segments: Truck, Parts, Financial Services, and Global Operations.  The company is headquartered in Lisle, Illinois.

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.