Daily Stock Market Forecast Based on Pattern Recognition: Returns up to 11.91% in 3 Days

Daily Stock Market Forecast

This forecast is part of the Dividends Package, as one of I Know First’s quantitative investment solutions. We determine the best stocks carrying a dividend by screening our database daily using our advanced algorithm. The full Dividends Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

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

dividend stocks
Package Name: Dividends
Recommended Positions: Long
Forecast Length: 3 Days (01/22/2017 – 01/25/2017)
I Know First Average: 4.15%
Daily Stock Market Forecast

During the 3 Days forecasted period several picks in the Dividends Package saw significant returns. The algorithm had correctly predicted 9 out 10 stocks. The prediction with the highest return was TK, at 11.91%. Further notable returns came from CSX and BBD at 7.79% and 5.05%, respectively. The Dividends package had an overall average return of 4.15%, providing investors with a premium of 2.96% over the S&P 500’s return of 1.19%.

Teekay Corporation (TK) primarily provides crude oil and gas marine transportation services in Bermuda and internationally. The company operates through Offshore Logistics, Offshore Production, Liquefied Gas Carriers, and Conventional Tankers segments. It operates shuttle tankers, floating storage and off-take units, HiLoad DP units, and long-distance towing and offshore installation vessels, as well as offers offshore accommodation, storage, and support for maintenance and modification projects.

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

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