Financial Advisors

Trade Ideas | September 2021 AI Dashboard: Monthly Sector Transactions and Rotations

The Trade Ideas September 2021 report below comprises:

  • The Trade Ideas Trade of the Week for each week in September
  • A summary showing the number of times that HOLLY traded in the industry and what was the
    profit or loss associated with those trades
  • About Trade Ideas

Trade of the Week for September

Diana Shipping (DSX(Triggered) Diana Shipping, Inc (DSX) is shaping up nicely on the daily chart with perfect timing going into the long weekend. This one may just be ready to play catch up to the other shipping companies that have shown tremendous strength as of late. 

Pixelworks, Inc. (PXLW(Not Triggered) We want to focus on strong charts that have had a recent pullback to levels that make sense. Pixelworks, Inc. (PXLW) has pulled back to the 20-day moving average and may be looking to build a higher-low from the volume and price breakout in mid-August. We will use Thursday’s high as our trigger and hope the general market indexes behave.

Lordstown Motors Corp. (RIDE(Not Triggered) Lordstown Motors Corp. has a nice bottoming pattern that is showing us potential for a move higher this week. The rounded bottom along with reclaiming all the key moving averages is giving RIDE a nice look on the daily chart for a Trade of the Week consideration.

Ashford Hospitality (AHT(Triggered) Ashford Hospitality (AHT) has finally moved up and above the declining 50-day simple moving average. Many stock charts have been held down by this particular moving average. But the ones that do make it up and through seem to have more follow thru much like the chart for RIDE last week. 

Trade Ideas September 1

Trade Ideas’ Machine Learning AI:

HOLLY, September 2021 Overall Performance­

Over the course of September 2021 HOLLY strategized a total of 67 trades up from 74 in August. Overall performance was a decrease of 0.2%, compared to the SPY at 4.58%. Overall, HOLLY’s performance in a high volatility and event driven environment continues to fall within acceptable trading scenarios as described below.

Trade Ideas September 2

The table below details the Top 5 and Bottom 5 Sectors and the performance in each. The full risk profit is the profit per share of the trade using no stops and holding until just before the market close. Enterprise licensees and subscribers recognize that their hold times vary beyond end of day according to their risk management preferences. The total performance of HOLLY AI for September was 0.2%.

HOLLY Performance by Sector for September 2021 

Top 5 sectors by performance

Trade Ideas September 3

Bottom 5 sectors by performance 

Trade Ideas September 4

Conclusion

Portfolio Managers and Traders who avail themselves of HOLLY gain the ability to increase performance and mitigate risk. HOLLY has no emotional response to market conditions. As has been true since HOLLY’s inception, September 2021 proved out this principle of HOLLY’s effectiveness. 

About Trade Ideas

Trade Ideas is an artificial intelligence decision tool that enables portfolio managers and traders to make better decisions in the stock market. 

Trade Ideas identifies opportunities to capture alpha before others and in sectors and places within the market where no one else is looking.

Overnight, Trade Ideas artificial intelligence capability, HOLLY, runs massive structured and unstructured data (market activity, news, social media, etc.) on all US equities across some 40 different trading strategies, each of which has multiple algorithms, effectively taking into account tens of millions of simulated trades.

The result is the reporting each trading day of 5-7 trading scenarios which September outperform the market. Risk guardrails are set against each strategy, so traders are alert when up or down limits are reached intraday.

Additionally, each week Trade Ideas publishes it’s free Trade of the Week. Visit the website to sign up.

https://www.trade-ideas.com 

https://pro.trade-ideas.com 

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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PXLW RIDE AHT

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David Aferiat

David brings more than 15 years of experience in trading, consulting, software, utilities, capital markets, and consumer product industries. Working with senior officers and key decision makers in the boardroom, finance, HR, marketing and trading functions, he has advised both public and privately held companies with revenues ranging from $20 million to $14 billion. Work at Trade-Ideas taps experience in business development, customer acquisition and retention, corporate strategy as well as energy trading and marketing. David holds dual Bachelor of Arts degrees in Economics and French from the University of Texas at Austin and a Masters of Business Administration degree from the Cox School of Business at Southern Methodist University.

In seven years Trade Ideas has grown to over 50,000 accounts in 19 different countries. Hedge funds, Asset Managers, Institutions, Online Brokers, and direct access traders use the software as a premier idea generation, risk management, and decision support tool.

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