I Know First held a public webinar on LInkedin On Oct 8 2024, the webinar can be found here (unless already removed) : https://www.linkedin.com/events/iknowfirstwebinar-aistockpicksp7248625682505752577/theater/ Please note: Cycles-Trader does not have any business relations nor any affiliate with I Know First.
I know first is a daily market forecast service. The company employs multiple data scientists. In the webinar the CEO and main advisor presented some results of the predictions. I know first provides forecasts for 3 days, 14 days, 1 month, 3 months and 1 year ahead. The interesting topic was to compare these results to Cycles-Trader’s results for the same portfolio. The relevant comparison to Cycles-Trader is 3 months and 1 year ahead.
Here is the legend for reading the predictions:
- Background: Green = Long, Red = Short.
- Numbers: past correlation, strength of signal
Here are the results for the prediction for ETFs provided on 5 Oct 2023, for 1 year ahead:
Summary
Insights:
- Cycles-Trader predicted correctly all long cases as long (Red line).
- In addition, Cycles-Trader added additional information for entry and exit choices, that makes these trades much more efficient, generating a higher profit in less time in the market.
- All these cases begin with a downtrend for a few weeks, As a trader you might have missed all these opportunities just by entering in the timing that I Know First recommended just to be surprised that the stock went the other way as predicted.
Notes:
- I Know First did not include the Short recommendations in their final report, just wondering why.
- In general, it is easier to find and predict stocks going up in a market that is trending up, as in the case of the analyzed period
Detailed Analysis
TQQQ, long, got strongest signal and good probability from I Know First. As a trader you might have had some hesitation to continue the long position after the 1.11.2023 and after the 22.4.2024. You would also probably missed the peak on the 17.7.2024.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions. As a trader you could entered the stock only on 1.11.2023 and exit on 17.3.2024, and re-enter on 22.4.2024, and exit on the 17.7.2024, thus gaining much more profit with less money time in the market.
SSO, long, got strongest signal and good probability from I Know First. As a trader you might have had some hesitation to continue the long position after the 1.11.2023 and after the 28.4.2024. You would also probably missed the peak on the 21.7.2024.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions, with a gap of 3 weeks on Nov 2023. As a trader you could entered the stock only on 24.11.2023 and exit on 24.3.2024, and re-enter on 28.4.2024, gaining much more profit with less money time in the market.
XLK, long, got strong signal and good probability from I Know First. As a trader you might have had some hesitation to continue the long position after the 20.4.2024. You would also probably missed the peak on the 16.7.2024.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions. As a trader you could entered the stock only on 31.10.2023 and exit on 14.3.2024, and re-enter on 20.4.2024, gaining much more profit with less money time in the market.
XLY, long, got strong signal and good probability from I Know First. As a trader you might have had some hesitation to continue the long position after the 25.4.2024. You would also probably missed the peak on the 16.7.2024.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions, with a gap of 2 weeks on Nov 2023. As a trader you could entered the stock only on 24.11.2023 and exit on 18.7.2024, gaining much more profit with less money time in the market.
QQQ, long, got strongest signal and good probability from I Know First. As a trader you might have had some hesitation to continue the long position after the 21.4.2024. You would also probably missed the peak on the 16.7.2024.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions. As a trader you could entered the stock only on 1.11.2023 and exit on 18.3.2024, and re-enter on 21.4.2024 and exit on the 16.7.2024 thus, gaining much more profit with less money time in the market.
IWF, similar analysis as QQQ above, with Cycles-Trader you could gain much more with shorter time in the market
XHB, similar analysis as QQQ above, ith Cycles-Trader you could gain much more with shorter time in the market
PSCT, long, got strongest signal and good probability from I Know First. As a trader you should have had much hesitation to continue the long position after the 29.10.2023, With a lot of risk loosing.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions. As a trader you could entered the stock only on 30.10.2023 and exit on 13.3.2024, and re-enter on 22.4.2024 and exist on 18.7.2024, gaining much more profit with less money time in the market.
IWP, long, got strongest signal and good probability from I Know First. As a trader you should have had much hesitation to continue the long position after the 1.10.2023 and after the 23.4.2024.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend and then sideways. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions. As a trader you could entered the stock only on 25.11.2023 and exit on 21.3.2024, gaining much more profit with less money time in the market.
FAS, long, got strongest signal and good probability from I Know First. As a trader you have gained nicely from this trade.
Cycles-Trader provided much better visualization. The Red line indicates a strong uptrend and then sideways. The Blue and Pink lines captured very well the areas and dates of upcoming change of directions. As a trader you could entered the stock only on 21.11.2023 and exit on 29.3.2024, re-enter on 12.6.2024 and exit on 19.7.2024. gaining much more profit with less money time in the market.
