Trend Following Based Off Neural Networks: Up To 26.22% Return in 7 Days

Trend Following

This stock market forecast includes the best stocks determined by the algorithm with a market capitalization of less than a billion dollars.

  • 10 Best Small Cap stocks for the long position
  • 10 Best Small Cap stocks for the short position

Package Name: Small Cap Stocks
Recommended Positions: Long
Forecast Length: 7 Days (8/10/15 – 8/17/15)
I Know First Average: 4.29%

trend following

The top performing stock from the 7 day Small Cap Stock Package forecast from 08/10/2015 was NeoPhotonics Corporation (NPTN). It had an outstanding return of 26.22% during the predicted time horizon. Other stocks with notable returns were Lending Tree, Inc. (TREE) and ITT Educational Services, Inc. (ESI). They had noteworthy returns of 14.08% and 12.58% respectively in just 7 days in agreement with the algorithm’s prediction. In fact, 5 of the 10 stocks increased in accordance with the algorithm’s prediction. The I Know First average return from the forecast was 4.29%, which offered a clear advantage to investors over the S&P 500 return of 1.20% during the same time period.

Lending Tree, Inc. (TREE) is an online marketplace for consumers to get new loans for a variety of reasons under its four subsidiary companies.  It also offers refinancing of current loans.  The release of Lending Tree, Inc.’s healthy financial statements helped boost share price.  Posting revenues of $55,136,000 for their second quarter of 2015 continues their trend of steadily rising total revenues over the past 4 consecutive quarters.  Net Income fell in the second quarter, but this can be attributed to the loss incurred from discontinued operations.

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.