Trading Algorithm: Up to 102.58% Return in 30 Days

Trading Algorithm

This Best Technology Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Technology Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best tech stocks to buy:

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

Package Name: Tech Stocks
Forecast Length: 30 Days (10/02/15 – 11/02/15)
I Know First Average: 25.72%

Trading Algorithm

The algorithm correctly predicted 9 of the 10 stocks forecasted to increase during the predicted time horizon of 30 days in the tech stocks package forecast from 10/02/2015. The most impressive prediction was for YGE, which offered a return of 102.58%. Other impressive picks were CNTF and NPTN which increased by 37.96% and 28.46%, respectively. The average return from this forecast was 25.72%, compared to the S&P 500, which returned 9.37%.

Yingli Green Energy  Holding Company Limited (YGE) is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. YGE’s price soared as the company went through a debt restructuring program. Furthermore, the company has also partnered with Motif Proje ve Insaat Ltd. Sti, the Turkish renewable energy consulting company, and are set to develop a 20 megawatt PV project pipeline in Turkey.

 

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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.