Weekly Stock Market Review

Dear readers,

For the week, the major averages posted sharp losses. The S&P 500 slid 2.9% for the week. The Dow tumbled 2.9%, and the Nasdaq fell 2.7%. Looking at the one-week Top 5 forecast,?from last Sunday?and the S&P 500 forecast, we can see some interesting situations:

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From it, we can see that the I Know First AI-powered Algorithm was able to identify FRPT?that moved against the market. More than that, the algorithm predicted it already on Sunday!?The average return of the assets marked for the short position also outperformed, leading to an?8.32% average return of the Top 5 signals?at the end of the observed period.

The artificial intelligence algorithm showed 80 percent accuracy in the prediction. Even when 4 of the 5 stocks moved in the direction predicted for them, the AI was able to locate?in a falling market?a stock that produced a very high positive return. The algorithm provides daily opportunities for long and short positions. and provides a daily forecast for 6-time ranges.

The AI algorithm was able to identify the negative market trend during this week. Other negative indicators that we saw on Sunday were also based on the?Indices Forecast.?The?Apple Volatility Index?was among the indices with the strongest signals from it.?After the period, Apple's volatility indeed was jumping by 20%, while?the stock lose more than 8%. The package also signaled?EFA ETF Volatility Index (VXEFA) and?NASDAQ Volatility Index?(VXN) and after 7 days, they returned 6.57% and 4.96% respectively.

Also in a 7 days timeframe, the?Fundamental Stocks?package?saw an overall yield of 2.47% versus the S&P 500’s return of -2.91% implying a market premium of 5.38%.?The prediction with the highest return was WK, at 22.6%. The suggested trades for WIX and ZS also had notable yields of 7.65% and 3.58%, respectively.

Despite the negative market, the algorithm managed to deliver strong investment opportunities to our clients.

In a 3 days time span, PLSE returned 27.07% according to the AI prediction in the?Fundamental Stocks?package.?Additional high returns came from CGEM and RIOT, at 5.78% and 4.63% respectively. With these notable trade returns, the package itself registered an average return of 4.81% compared to the S&P 500’s return of -1.9% for the same period.

In the?Tech Stocks?package, the?overall average return was?6.53%, while the S&P 500 had a?-1.9% during the same period.?The prediction with the highest return was OIIM, at 31.78%, followed by?WK and PLTR with returns of?24.26% and 7.97%, respectively.

And in the?Top 10 Stocks?package,?FRPT had the highest return?at 10.93%.?Further notable returns came from BLDR and FIVE at 7.98% and 3.61%, respectively. The package average yield stood at 3.03% while the S&P 500 had a 0.70% gain over the same period.

Quarter to date, the S&P 500 and Nasdaq wrapped up their first three-quarter losing streak since 2009, losing 5.3% and 4.1%, respectively. The Dow dropped 6.7% in the third quarter and saw a third-straight losing quarter for the first time since 2015. And even during this historical negative trend, the I Know First Algorithm provided positive results to our clients.

In a 3 months period, the algorithm correctly predicted a 75.76% gain from SEEL in the?Pharma Stocks?package. ALDX and KMPH had notable returns of 39.53% and 32.48%. The package itself saw an overall return of 13.0%, providing investors with a 17.64% premium above the S&P 500’s return of -4.64% for the same time period.?Also in the same timeframe, the?Implied Volatility Options?package had?an overall yield of 12.97% versus the S&P 500’s return of -6.11%.?ETNB was the highest-earning trade with a return of 67.83%, followed by SAVA and BLUE with returns of 40.57% and 38.21%.

And for forecasts with a one-year time horizon, we can highlight two of them. The first one is the?Energy Stocks, which delivered?an overall return of 20.79%. For a matter of comparison, the S&P 500 had a -16.3% deficit in the same period.?The highest trade return came from AR, at 61.02%. BKEP and CLR followed with returns of 48.88% and 42.3%, respectively.

The second one is the?52-Week High Stocks?which saw an?average return of 14.41%, providing investors with a premium of 30.71% over the S&P 500’s return of -16.3% during the same period.?ERF was our best stock pick with a return of 79.77%. Additional high returns came from AR and SM, at 61.02% and 40.98% respectively.

To have access to all packages mentioned above, you can simply?click?here. Do not wait any longer?to enjoy all the investment opportunities we can offer and boost your portfolio!

Warmest Regards

Yaron Golgher, Co-Founder and CEO