I Know First Weekly Newsletter
Dear readers,
Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. In accordance with the AI-based forecast, all three significant indices scored big gains in the past week, each rising higher than 6%. Both the S&P 500 and Nasdaq Composite broke a seven-week losing streak.
Before the S&P 500 5.50% gain, our algorithm already had a bullish forecast for the index. For a 3 days period, the index could be seen in?our?Top 10 Stocks forecast, which delivered a 9.98% average return at the end of the period.?In other words, our clients knew the bullish forecast for the index before everyone else.
More than that, our AI correctly predicted significant returns in the package. This includes gains such as 19.61%, 18.79%, and 12.17% from CZR, CCL, and CLR respectively. Other notable returns came from MRO, ALLY, and DKNG, respectively 12.17%, 10.65%, and 9.93%.
For the week, the S&P 500 gained 6.5%, posting its best since November 2020. The Dow was up 6.2%, while the Nasdaq was the outperformer, increasing?6.8%.?In fact, the AI Predictive Algorithm was already high signaling?the positive trend back on?May 19th! In this package, we can see that the algorithm high marked the S&P 500 index before the positive week.
Both our Top 10 and Top 20 Stocks packages also provide forecasts for the S&P 500 index. Even during the Covid-19 pandemic, our algorithm was still able to reach forecasts up to?100% accuracy?from the Top US market indices. This high precision was also seen in our last packages.
From the?Fundamental Stocks?package, our AI-powered algorithm predicted correctly all 10 stock movements. In this 7 days period, the package had an overall average return of 11.56%, providing investors with a premium of 4.98% over the S&P 500’s return of 6.58%.?The prediction with the highest return was SM, at 32.38%.
In a 14 days time horizon, the algorithm once more predicted correctly 10 out of 10 stock movements, this time in the?Stocks Under $5?package. This prediction included a 48.92% return from STON, elevating the package average yield to 24.49%. As a matter of comparison, the S&P 500 returned 5.81% during the same period.
For the?Insider Trades?package in a one-month timeframe, the overall performance was 16.04% while the S&P 500 had a negative 0.41% over the same period. The package's highest return came from?ESEA with 38.69%, followed by 33.77% from?CAL.
In a 3 months period, the?Energy Stocks?package had outstanding results.?The top-performing prediction from this package was AR with a return of 81.88%. This algorithmic forecast package presented an overall return of 34.25% versus the S&P 500’s performance of -6.72% providing a market premium of 40.97%.
And for a one-year prediction, the?Energy Stocks?package?itself saw an overall return of 45.14%.?Our clients enjoyed a 49.52% premium above the S&P 500’s return of -4.38% for the same time period.?The prediction with the highest return was CLR, at 106.8%.
If you are interested in any?of the packages mentioned above,?you can have access to them by?clicking here.
Warmest Regards
Yaron Golgher, Co-Founder and CEO