Stock outlook

This Basic Industry forecast is designed for investors and analysts who need daily stock outlook of the best-performing stocks for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

Top 10 Basic Industry stocks for the long position

Top 10 Basic Industry stocks for the short position



Package Name: Basic Industry Stocks

Recommended Positions: Long

Forecast Length: 3 Days (11/06/2016 – 11/09/2016)

I Know First Average: 11.45%



Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. The greatest return came from X at 23.97%. VALE and NUE also performed well for this time horizon with returns of 16.34% and 15.36%, respectively. With these notable trade returns, the package itself registered an average return of 11.45% compared to the S&P 500’s return of 3.74% for the same period.

United States Steel Corporation (X), operates as an integrated steel producer. The Company manufactures flat-rolled and tubular products with production operations in North America and Europe. United States Steel serves the automotive, appliance, container, industrial machinery, construction, and oil and gas industries.

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.

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