Trend Following

This trend following forecast is designed for investors and analysts who need predictions of the best pharma stocks for the whole pharmaceutical sector (See Pharma Package). It includes 20 stocks with bullish and bearish signals and indicates the best pharmaceutical stocks to buy:

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

Package Name: Pharma Package
Forecast Length: 3 Days (05/15/16 – 05/18/16)
I Know First Average: 7.78%

8 out of 10 top stock picks from the algorithm increased as predicted for this short-term forecasting period. ANAC saw monumental growth of 55.49% in just 3 days. REGN, BMRN, and ANIP also had excellent performances with returns of 5.64%, 5.38%, and 5.27% respectively. This 3-day forecast had overall growth of 7.78% offering investors an advantage over the S&P 500’s gradual 0.05% growth.

Anacor Pharmaceuticals, Inc. (ANAC), a biopharmaceutical company, focuses on discovering, developing, and commercializing novel small-molecule therapeutics derived from its boron chemistry platform. Pfizer is going to be buying Anacor for its eczema drug that could be a “potential blockbuster”.

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.