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Top And Bottom Performing Stocks For Week #41
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Top And Bottom Performing Stocks For Week #41

by The MoleOctober 9, 2017

Unfortunately I didn’t have a second to post our top and bottom performing symbols over the weekend as I had my hands full migrating some of my strategies and indicators from NinjaTrader 7 to NinjaTrader 8. They changed quite a bit of functionality in this new release plus I am taking this opportunity to do a bit of refactoring, which is fancy engineer speak for cleaning up old spaghetti code. Anyway, better late than never, so let’s get to it.

As you may recall the symbols posted are the result of parsing a database containing over 50 years worth of statistical performance data. The idea is to extract the prospective top ten winners and losers of the coming week purely based on historical statistics. The result is then sorted by liquidity and any symbol that is scheduled to report earnings or pass ex-dividend is being excluded.

How To Trade Along

Although being no guarantor of success, the long and short candidates posted here each week are intended to perform along their respective historical bias. One way of trading along would be to simply create a small one-week portfolio by buying the long candidates and selling the short candidates on Monday morning shortly after the open. There are no official stops or targets and all transactions are reversed Friday afternoon right before the bell.

Results For Week # 40

Long Profits: PG=1.48, PFE=0.98, KO=1.07, XOM=-0.33, MO=-1.37, DWDP=2.87, ABT=3.07, CTL=5.82, AIG=1.42, LLY=1.8

Long Profits Total: 16.81

Short Profits: MU=-0.86, AMD=-3.76, GILD=-1.38, USB=-1.1, COG=3.89, XRX=1.11, AXP=-1.2, XLNX=-1.67, STT=-3.41, UDR=-0.34

Short Profits Total: -8.72

Combined Profits Total: 8.09

The shorts didn’t perform as hoped but fortunately the long side this week was sufficiently populated to pull us into the plus.

Top performing stock for week #41

So we only have 1 single symbol on the long side for this week and I would recommend against taking any entries (long or short) until we get a better feel of how weeks like these play out.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.
  • Mary

    The T chart looks like an up week. The rest of the shorts look correct …

    Unless you ran it right before midnight and the others right after midnight …

  • http://evilspeculator.com Sir Mole III

    Because it was still showing last week’s version – we are in week 41 and it’s highlighting week #40. I just re-ran the parser on the server:

    http://evilspeculator.com/stats/T_weekly_sharpe_stats.png

  • StockTalker

    /CL above 49.50 gets me a back test to 50 mark. Otherwise think she is about done.