Top Stocks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

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

Package Name: Stock Forecast & S&P500 Forecast
Recommended Positions: Long
Forecast Length: 1 Month (6/15/23 – 7/15/23)
I Know First Average: 12.51%

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Stock Forecast & S&P500 Forecast Package for the 1 Month time period. W was the highest-earning trade with a return of 31.82% in 1 Month. The suggested trades for TWST and UPST also had notable 1 Month yields of 26.29% and 25.66%, respectively. The package itself saw an overall return of 12.51%, providing investors with a 9.47% premium above the S&P 500’s return of 3.04% for the same time period.

Wayfair Inc. (W) engages in the e-commerce business in the United States. It offers approximately seven million products for the home under various brands. The company offers a selection of furniture, décor, decorative accent, houseware, seasonal décor, and other home goods under the Wayfair.com, Joss & Main, AllModern, DwellStudio, and Birch Lane brands. It also sells its products through online retail partners. Wayfair Inc. (W) was founded in 2002 and is headquartered in Boston, Massachusetts.

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

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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