Stock Market Forecast Based on Artificial Intelligence for 2024
Stock Market Forecast: I Know First is proud to present the annual report for 2024. This comprehensive report features recommended financial assets for the year and highlights intriguing opportunities across diverse investment sectors. It encompasses the most recommended stocks, sectors, and indices for investment, as well as assets recommended from the worlds of commodities, foreign exchange, and crypto. The forecast is based on various artificial intelligence models that prioritize long-term insights. Within the report, the algorithm identifies the most recommended assets based on various indicators, to be held for a period of one year.
The forecast includes recommended financial assets for 2024 from a variety of categories such as:
- Top stock picks for 2024 from the US Market
- Top ETF’s for 2024
- The best sectors and industries (GICS L1 + L2)
- Leading global indices
- Top Forex pairs
- Recommended commodities
- The best cryptocurrencies
For I Know First subscribers (owners of any package) only, the annual report is available at a discounted price:
For your convenience, we have published the full and detailed report for the year 2023 that was sent to our clients at the beginning of the year. In addition, we have added the asset returns that appear in the report until the writing of this article on December 15th, 2023.
The 2023 annual report:
The performance of the one-time annual report for 2023:
Top Stock Picks from the US Market for 2023
The average return of the US stocks was 56.24%, whereas the S&P 500 index achieved a 23% return since the beginning of the year.
Leading Global Indices, Top ETF’s, and the Best Sectors and Industries (GICS L1 + L2) for 2023
The algorithm identified the semiconductor sector (SOX) and the technology sector (XLK) as the most recommended sectors of 2023, both of which experienced significant gains. Additionally, the algorithm correctly suggested taking a short position in VIX.
Top Forex Pairs, Recommended Commodities and the Best Cryptocurrencies for 2023
Stock Market Forecast: The algorithm identified uranium, natural gas, and Ethereum as the most recommended assets for 2023, and they experienced jumps of 43.61%, 47.15%, and 77.48%, respectively, throughout the year.
At the end of each report the research team adds main conclusions, it is amazing to discover how accurate the final conclusions of the report were for 2023:
- Positive outlook for the main US stock market indices.
- It seems that interest rates in the US will continue to rise.
- A decrease in volatility when the vix (VIX) is in the negative part of the table.
- The semiconductor sector (SOX) is expected to be the prominent sector of the year as well as the technological sector (XLK).
- Euro turns out to be the surprising currency of the year.
- Uranium shows a significantly positive outlook, whereas natural gas appears significantly negative.
- Ethereum (ETH) is expected to be the prominent asset in the cryptocurrency world.
