Weekly Stock Market Review
Ephraim Golgher ?
Chief Operations Officer at I Know First: Daily Market Forecast
Dear valued investors,
I hope this letter finds you well. As we kick off the month of August, I wanted to take a moment to update you on the recent performance of the U.S. equities market and share some exciting insights about the remarkable impact of our AI algorithm at I Know First.
Last week, U.S. equities experienced a downward trend, concluding a strong July with a down week. The Nasdaq and S&P 500 recorded declines of about 2.9% and 2.3%, respectively. The Dow Jones Industrial Average also edged down by 1.1%. While market fluctuations are not uncommon, it is essential to stay informed and be equipped with powerful tools to navigate through these dynamic times.
At I Know First, we believe in empowering investors with cutting-edge technology and data-driven insights. Our AI-powered predictive algorithm has consistently demonstrated its ability to analyze vast amounts of data and identify potential investment opportunities with unparalleled accuracy. We pride ourselves on being at the forefront of innovation, and our AI algorithm is the driving force behind our success. Our AI forecasts have consistently outperformed traditional methods, delivering impressive returns to our clients.?
I am delighted to highlight some of the recent forecasts made by our powerful AI predictive algorithm:
In recent weeks, our algorithm has identified several remarkable opportunities across different time frames. In the?three-day?forecast for the Implied Volatility Options Package, AMSC, TUP, and UPST all had returns of 90.89%, 81.14%, and 22.31% respectively. The total average return of the forecast was 22.29%, outperforming the S&P 500 index which gave a .87% return during the same time period!?In the?seven-day?forecast for the Implied Volatility Options package, TUP, AMSC, CGC all had returns of 60.61%, 22.01%, and 9.1% respectively. The total average return of the forecast was 9.33%, outperforming the S&P 500 index, which dropped during that time period!?In the?14-day?forecast for the High Short Interest Stocks package, SDC, UPST, CVNA all had returns of 46.7%, 36.25%, and 34.44% respectively. The total average return of the forecast was 18.52%, outperforming the S&P 500 index by a total of 15 times!?Furthermore, our algorithm's long-term forecasts have proven to be highly accurate: In the?one-month?forecast for the Top 10 Stocks package, UPST, W, and EXPI all had returns of 90.48%, 30.24%, and 23.62% respectively. The total average return of the forecast was 16.32%, outperforming the S&P 500 index by a total of 14 times!?In the?three-month?forecast for the Top 10 Stocks package, MARA, XPO, and CLSK all had returns of 67.13%, 56.68%, and 49.36% respectively. The total average return of the forecast was 29.65%, outperforming the S&P 500 index by a total of 3 times!?In the?1-year?forecast for the World Indices package, MERV, PFTMC, and TNX all had returns of 274.94%, 119.89%, and 51.72% respectively. The total average return of the forecast was 50.82%, outperforming the S&P 500 index which gave a 7.85% return during the same time!
We offer institutional clients like hedge funds, banks, and investment firms access to our AI-powered strategies to complement their investment approach. One of our powerful strategies is the?Signal Weighted Strategy with the Signal Outlier Filter, which has shown impressive results and is available as a tier 2 service on top of our tier 1 daily forecast. In addition to our?advanced strategies, As part of our commitment to providing comprehensive market intelligence, we offer institutional clients access to our AI-powered sector and industries forecasts. Our?daily sector?forecasts help identify the best sectors and those to avoid,?while our daily industries forecasts do the same at the industry level. This provides our clients with a holistic view of the market, allowing them to make data-driven investment decisions with confidence. For example, our?ETF Industries Forecast?experienced returns of up to 12.89 in 14 days.
For example, investors can first identify the best sectors to focus on using our daily sector forecasts, such as technology (XLK), and then drill down further to the industry level and finally conduct the stock picking while focusing on the best sector/industry.?
To support a wider range of investors, we have tailored our packages to cater to individual needs and preferences. Whether you're looking for daily stock forecasts or access to our advanced strategies, we have a package that suits you.
I invite you to?explore our website?and learn more about the capabilities of our AI algorithm, the success of our forecasts, and the packages we offer. We are here to help you make data-driven investment decisions and achieve your financial goals.?Thank you for your continued trust in I Know First. Together, we will navigate the markets with the power of AI.
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Wishing you a prosperous August ahead.
Best regards,
Yaron Golgher
CEO of I Know First