Last week, AI robot leaders earned 1.33%. The S&P index closed with a 1.28% increase, reaching 4,137.64 points. Some AI robots showed more significant dynamics, notably the Swing Trader ($2.5K per position): High Volatility Stocks for Active Trading (TA&FA). This robot caters to traders who prefer trading in high volatility stocks and aims to prevent significant losses during downtrends. It balances short and long positions using a combination of technical indicators to identify reversal points.
Equipped with a basic risk management strategy tailored for a trading balance of $100,000 and a position size of $2,500 per trade, traders can adjust their trading balance according to their needs. For instance, if the trading balance is changed to $50,000, the position size will automatically adjust to $1,250. The robot is suitable for active traders who have enough time to track 40-50 trades at once. The average trade duration is one day, allowing users to utilize their capital efficiently and avoid getting stuck in a trade for an extended period.
To select stocks, the robot uses a proprietary method developed by a team of quants to assess the strength and quality of momentum of the most active US stocks. Furthermore, a complex algorithm consisting of a pool of technical indicators processed using neural networks determines the entry points to the position.
The robot places a fixed "Take profit" order at the level of 3.5% of the position opening price and uses two options to exit a position: a fixed stop loss of 3% of the position opening price and a flexible trailing stop that enables traders to retain most of their profit if the market reverses.
This robot earned over 1.3% last week, following a market-neutral strategy that enables traders to earn profits consistently on virtually any behavior of the stock market. The Swing Trader, Popular Stocks ($1.5K per position): Long Bias Strategy (TA&FA) also showed a profitability of over 1.28%.
Currently, robots are mostly in long positions and waiting for the continuation of the upward trend. It is recommended to hold multiple robots in a portfolio to achieve more stable profits and distribute funds into diverse positions.
I would like to draw attention to OCGN and AMC stocks, which showed growth of 7% and 6%, respectively, last week. These stocks are typically highly volatile, providing good opportunities for robots to earn profits. OCGN is available on the Day Trader Medium Volatility Stocks for Active Trading (TA&FA), while AMC is available on the Swing Trader Long-Short Equity Strategy (TA&FA) .
Several factors are expected to influence the market next week, notably the release of March's construction data on Tuesday and unemployment data on Thursday. In general, the week is expected to be calm, with a continuation of the gradual upward trend. Good luck with your trades!
On July 26, 2024, the Stochastic Oscillator for AMC moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 65 instances where the indicator left the oversold zone. In of the 65 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a holding company with interest in movie theatres
Industry MoviesEntertainment