Our algorithm took profits on the ABT and DUK shorts signaled from our August 12 post for 7% and 9% gains respectively, and reversed course on UNH for a 0.5% loss.  Yesterday, the algo generated a buy signal on all three, however due to the dramatic collapse of ABT and DUK (=profit) we will wait for these to base and put in some realistic levels before going long again.

The Intellikon proprietary computer trading algorithm continues to exceed our expectations.

Two weeks ago we posted some strong sell signals generated by the algorithm for Duke Energy (DUK), Abbot Labs (ABT), and United Health (UNH).   We shared these high-confidence signals free to the public as a demonstration of our technology.   Since then, each signal has been very accurate, as per our blog tracking spreadsheet:Continue reading→

It seems July was the month to lock in profit for a lot of the stocks we scanned this week.  These three stood out as potential for further downside with high probability.  Performance of these picks are posted below.

Abbott Laboratories (NYSE:ABT) – SELL

Sell signal generated on 8/7/2013 – opening fill price was $36.06.

UnitedHealth Group Inc. (NYSE:UNH) – SELL

Sell signal generated on 7/30/2013 – opening fill price was $72.87.

Duke Energy Corp (NYSE:DUK) – SELL

Sell signal generated on 7/30/2013 – opening fill price was $71.40.