Bad Apples - 2017-06-16
zQuant
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Signals
Strong sell candidates identified by “Bad Apples” algorithm on Friday, June 16, 2017.
| Signal | Symbol | Score | Last Price |
|---|---|---|---|
| Sell | SRNE | 10 | $ 2.05 |
| Sell | HK | 9 | $ 4.47 |
| Sell | AXL | 8 | $ 14.51 |
| Sell | SVU | 8 | $ 3.26 |
| Sell | XXII | 4 | $ 1.76 |
| Sell | UAA | 4 | $ 20.71 |
| Sell | AKS | 4 | $ 6.03 |
| Sell | INSG | 3 | $ 1.04 |
| Sell | FINL | 2 | $ 13.59 |
| Sell | GPRO | 2 | $ 7.77 |
| Sell | DRYS | 2 | $ 1.72 |
| Sell | GTXI | 2 | $ 4.59 |
| Sell | KERX | 2 | $ 5.78 |
| Sell | TOO | 1 | $ 1.92 |
| Sell | HOS | 1 | $ 2.54 |
| Sell | REG | 1 | $ 61.34 |
| Sell | MACK | 1 | $ 1.15 |
| Sell | EPZM | 1 | $ 13.45 |
| Sell | CVS | 1 | $ 76.78 |
| Sell | ANW | 1 | $ 5.55 |
| Sell | LPI | 1 | $ 10.56 |
| Sell | WBA | 1 | $ 78.52 |
| Sell | CETV | 1 | $ 4.15 |
| Sell | IDRA | 1 | $ 1.57 |
| Sell | TGT | 1 | $ 51.68 |
| Sell | DLTR | 1 | $ 70.28 |
| Sell | BWA | 1 | $ 41.18 |
| Sell | BOMN | 1 | $ 13.20 |
Score (1 to 10) represents a signal strength for a position detected by “Bad Apples” algorithm. The higher the score, the larger the expected down move, the sooner down move shall occur, and the more liquid the position is.
Last price is the latest tape price at the time alert message was generated. If we shorted a position, last price does NOT represent our fill price. Our fill price may be lesser or higher than the displayed last price.
Research
SRNE
SORRENTO THERAPEUTICS INC - Sorrento Therapeutics, Inc.
NASDAQ - Common Stock
Google:SRNE Yahoo:SRNE MSN:SRNE CNN:SRNE CNBC:SRNE WSJ:SRNE FinViz:SRNE TheStreet:SRNE Benzinga:SRNE MarketWatch:SRNE SeekingAlpha:SRNE MorningStar:SRNE Zacks:SRNE MotleyFool:SRNE Investopedia:SRNE MoneyShow:SRNE Bloomberg:SRNE Reuters:SRNE Nasdaq:SRNE TDAmeritrade:SRNE E*Trade:SRNE Fidelity:SRNE TradingView:SRNE TradeIdeas:SRNE StockTwits:SRNE Twitter:SRNE
HK
HALCON RESOURCES CORP
NYSE - Common Stock
Google:HK Yahoo:HK MSN:HK CNN:HK CNBC:HK WSJ:HK FinViz:HK TheStreet:HK Benzinga:HK MarketWatch:HK SeekingAlpha:HK MorningStar:HK Zacks:HK MotleyFool:HK Investopedia:HK MoneyShow:HK Bloomberg:HK Reuters:HK Nasdaq:HK TDAmeritrade:HK E*Trade:HK Fidelity:HK TradingView:HK TradeIdeas:HK StockTwits:HK Twitter:HK
AXL
AMERICAN AXLE & MFG HOLDINGS - AMERICAN AXLE & MANUFACTURING HOLDINGS INC
NYSE - Common Stock
Google:AXL Yahoo:AXL MSN:AXL CNN:AXL CNBC:AXL WSJ:AXL FinViz:AXL TheStreet:AXL Benzinga:AXL MarketWatch:AXL SeekingAlpha:AXL MorningStar:AXL Zacks:AXL MotleyFool:AXL Investopedia:AXL MoneyShow:AXL Bloomberg:AXL Reuters:AXL Nasdaq:AXL TDAmeritrade:AXL E*Trade:AXL Fidelity:AXL TradingView:AXL TradeIdeas:AXL StockTwits:AXL Twitter:AXL
SVU
SUPERVALU INC
NYSE - Common Stock
Google:SVU Yahoo:SVU MSN:SVU CNN:SVU CNBC:SVU WSJ:SVU FinViz:SVU TheStreet:SVU Benzinga:SVU MarketWatch:SVU SeekingAlpha:SVU MorningStar:SVU Zacks:SVU MotleyFool:SVU Investopedia:SVU MoneyShow:SVU Bloomberg:SVU Reuters:SVU Nasdaq:SVU TDAmeritrade:SVU E*Trade:SVU Fidelity:SVU TradingView:SVU TradeIdeas:SVU StockTwits:SVU Twitter:SVU
XXII
22ND CENTURY GROUP INC
AMEX - Common Stock
Google:XXII Yahoo:XXII MSN:XXII CNN:XXII CNBC:XXII WSJ:XXII FinViz:XXII TheStreet:XXII Benzinga:XXII MarketWatch:XXII SeekingAlpha:XXII MorningStar:XXII Zacks:XXII MotleyFool:XXII Investopedia:XXII MoneyShow:XXII Bloomberg:XXII Reuters:XXII Nasdaq:XXII TDAmeritrade:XXII E*Trade:XXII Fidelity:XXII TradingView:XXII TradeIdeas:XXII StockTwits:XXII Twitter:XXII
UAA
UNDER ARMOUR INC-CLASS A - Under Armour, Inc.
NYSE - Common Stock
Google:UAA Yahoo:UAA MSN:UAA CNN:UAA CNBC:UAA WSJ:UAA FinViz:UAA TheStreet:UAA Benzinga:UAA MarketWatch:UAA SeekingAlpha:UAA MorningStar:UAA Zacks:UAA MotleyFool:UAA Investopedia:UAA MoneyShow:UAA Bloomberg:UAA Reuters:UAA Nasdaq:UAA TDAmeritrade:UAA E*Trade:UAA Fidelity:UAA TradingView:UAA TradeIdeas:UAA StockTwits:UAA Twitter:UAA
AKS
AK STEEL HOLDING CORP
NYSE - Common Stock
Google:AKS Yahoo:AKS MSN:AKS CNN:AKS CNBC:AKS WSJ:AKS FinViz:AKS TheStreet:AKS Benzinga:AKS MarketWatch:AKS SeekingAlpha:AKS MorningStar:AKS Zacks:AKS MotleyFool:AKS Investopedia:AKS MoneyShow:AKS Bloomberg:AKS Reuters:AKS Nasdaq:AKS TDAmeritrade:AKS E*Trade:AKS Fidelity:AKS TradingView:AKS TradeIdeas:AKS StockTwits:AKS Twitter:AKS
INSG
INSEEGO CORP
NASDAQ - Common Stock
Google:INSG Yahoo:INSG MSN:INSG CNN:INSG CNBC:INSG WSJ:INSG FinViz:INSG TheStreet:INSG Benzinga:INSG MarketWatch:INSG SeekingAlpha:INSG MorningStar:INSG Zacks:INSG MotleyFool:INSG Investopedia:INSG MoneyShow:INSG Bloomberg:INSG Reuters:INSG Nasdaq:INSG TDAmeritrade:INSG E*Trade:INSG Fidelity:INSG TradingView:INSG TradeIdeas:INSG StockTwits:INSG Twitter:INSG
FINL
FINISH LINE-THE - CL A - FINISH LINE INC /IN/
NASDAQ - Common Stock
Google:FINL Yahoo:FINL MSN:FINL CNN:FINL CNBC:FINL WSJ:FINL FinViz:FINL TheStreet:FINL Benzinga:FINL MarketWatch:FINL SeekingAlpha:FINL MorningStar:FINL Zacks:FINL MotleyFool:FINL Investopedia:FINL MoneyShow:FINL Bloomberg:FINL Reuters:FINL Nasdaq:FINL TDAmeritrade:FINL E*Trade:FINL Fidelity:FINL TradingView:FINL TradeIdeas:FINL StockTwits:FINL Twitter:FINL
GPRO
GOPRO INC-CLASS A - GoPro, Inc.
NASDAQ - Common Stock
Google:GPRO Yahoo:GPRO MSN:GPRO CNN:GPRO CNBC:GPRO WSJ:GPRO FinViz:GPRO TheStreet:GPRO Benzinga:GPRO MarketWatch:GPRO SeekingAlpha:GPRO MorningStar:GPRO Zacks:GPRO MotleyFool:GPRO Investopedia:GPRO MoneyShow:GPRO Bloomberg:GPRO Reuters:GPRO Nasdaq:GPRO TDAmeritrade:GPRO E*Trade:GPRO Fidelity:GPRO TradingView:GPRO TradeIdeas:GPRO StockTwits:GPRO Twitter:GPRO
DRYS
DRYSHIPS INC - DryShips Inc.
NASDAQ - Common Stock
Google:DRYS Yahoo:DRYS MSN:DRYS CNN:DRYS CNBC:DRYS WSJ:DRYS FinViz:DRYS TheStreet:DRYS Benzinga:DRYS MarketWatch:DRYS SeekingAlpha:DRYS MorningStar:DRYS Zacks:DRYS MotleyFool:DRYS Investopedia:DRYS MoneyShow:DRYS Bloomberg:DRYS Reuters:DRYS Nasdaq:DRYS TDAmeritrade:DRYS E*Trade:DRYS Fidelity:DRYS TradingView:DRYS TradeIdeas:DRYS StockTwits:DRYS Twitter:DRYS
GTXI
GTX INC - GTX INC /DE/
NASDAQ - Common Stock
Google:GTXI Yahoo:GTXI MSN:GTXI CNN:GTXI CNBC:GTXI WSJ:GTXI FinViz:GTXI TheStreet:GTXI Benzinga:GTXI MarketWatch:GTXI SeekingAlpha:GTXI MorningStar:GTXI Zacks:GTXI MotleyFool:GTXI Investopedia:GTXI MoneyShow:GTXI Bloomberg:GTXI Reuters:GTXI Nasdaq:GTXI TDAmeritrade:GTXI E*Trade:GTXI Fidelity:GTXI TradingView:GTXI TradeIdeas:GTXI StockTwits:GTXI Twitter:GTXI
KERX
KERYX BIOPHARMACEUTICALS - KERYX BIOPHARMACEUTICALS INC
NASDAQ - Common Stock
Google:KERX Yahoo:KERX MSN:KERX CNN:KERX CNBC:KERX WSJ:KERX FinViz:KERX TheStreet:KERX Benzinga:KERX MarketWatch:KERX SeekingAlpha:KERX MorningStar:KERX Zacks:KERX MotleyFool:KERX Investopedia:KERX MoneyShow:KERX Bloomberg:KERX Reuters:KERX Nasdaq:KERX TDAmeritrade:KERX E*Trade:KERX Fidelity:KERX TradingView:KERX TradeIdeas:KERX StockTwits:KERX Twitter:KERX
TOO
TEEKAY OFFSHORE PARTNERS LP - Teekay Offshore Partners L.P.
NYSE - Limited Partnership
Google:TOO Yahoo:TOO MSN:TOO CNN:TOO CNBC:TOO WSJ:TOO FinViz:TOO TheStreet:TOO Benzinga:TOO MarketWatch:TOO SeekingAlpha:TOO MorningStar:TOO Zacks:TOO MotleyFool:TOO Investopedia:TOO MoneyShow:TOO Bloomberg:TOO Reuters:TOO Nasdaq:TOO TDAmeritrade:TOO E*Trade:TOO Fidelity:TOO TradingView:TOO TradeIdeas:TOO StockTwits:TOO Twitter:TOO
HOS
HORNBECK OFFSHORE SERVICES - HORNBECK OFFSHORE SERVICES INC /LA
NYSE - Common Stock
Google:HOS Yahoo:HOS MSN:HOS CNN:HOS CNBC:HOS WSJ:HOS FinViz:HOS TheStreet:HOS Benzinga:HOS MarketWatch:HOS SeekingAlpha:HOS MorningStar:HOS Zacks:HOS MotleyFool:HOS Investopedia:HOS MoneyShow:HOS Bloomberg:HOS Reuters:HOS Nasdaq:HOS TDAmeritrade:HOS E*Trade:HOS Fidelity:HOS TradingView:HOS TradeIdeas:HOS StockTwits:HOS Twitter:HOS
REG
REGENCY CENTERS CORP
NYSE - Real Estate Investment Trust (REIT)
Google:REG Yahoo:REG MSN:REG CNN:REG CNBC:REG WSJ:REG FinViz:REG TheStreet:REG Benzinga:REG MarketWatch:REG SeekingAlpha:REG MorningStar:REG Zacks:REG MotleyFool:REG Investopedia:REG MoneyShow:REG Bloomberg:REG Reuters:REG Nasdaq:REG TDAmeritrade:REG E*Trade:REG Fidelity:REG TradingView:REG TradeIdeas:REG StockTwits:REG Twitter:REG
MACK
MERRIMACK PHARMACEUTICALS IN - MERRIMACK PHARMACEUTICALS INC
NASDAQ - Common Stock
Google:MACK Yahoo:MACK MSN:MACK CNN:MACK CNBC:MACK WSJ:MACK FinViz:MACK TheStreet:MACK Benzinga:MACK MarketWatch:MACK SeekingAlpha:MACK MorningStar:MACK Zacks:MACK MotleyFool:MACK Investopedia:MACK MoneyShow:MACK Bloomberg:MACK Reuters:MACK Nasdaq:MACK TDAmeritrade:MACK E*Trade:MACK Fidelity:MACK TradingView:MACK TradeIdeas:MACK StockTwits:MACK Twitter:MACK
EPZM
EPIZYME INC - Epizyme, Inc.
NASDAQ - Common Stock
Google:EPZM Yahoo:EPZM MSN:EPZM CNN:EPZM CNBC:EPZM WSJ:EPZM FinViz:EPZM TheStreet:EPZM Benzinga:EPZM MarketWatch:EPZM SeekingAlpha:EPZM MorningStar:EPZM Zacks:EPZM MotleyFool:EPZM Investopedia:EPZM MoneyShow:EPZM Bloomberg:EPZM Reuters:EPZM Nasdaq:EPZM TDAmeritrade:EPZM E*Trade:EPZM Fidelity:EPZM TradingView:EPZM TradeIdeas:EPZM StockTwits:EPZM Twitter:EPZM
CVS
CVS HEALTH CORP
NYSE - Common Stock
Google:CVS Yahoo:CVS MSN:CVS CNN:CVS CNBC:CVS WSJ:CVS FinViz:CVS TheStreet:CVS Benzinga:CVS MarketWatch:CVS SeekingAlpha:CVS MorningStar:CVS Zacks:CVS MotleyFool:CVS Investopedia:CVS MoneyShow:CVS Bloomberg:CVS Reuters:CVS Nasdaq:CVS TDAmeritrade:CVS E*Trade:CVS Fidelity:CVS TradingView:CVS TradeIdeas:CVS StockTwits:CVS Twitter:CVS
ANW
AEGEAN MARINE PETROLEUM NETW - AEGEAN MARINE PETROLEUM NETWORK INC.
NYSE - Common Stock
Google:ANW Yahoo:ANW MSN:ANW CNN:ANW CNBC:ANW WSJ:ANW FinViz:ANW TheStreet:ANW Benzinga:ANW MarketWatch:ANW SeekingAlpha:ANW MorningStar:ANW Zacks:ANW MotleyFool:ANW Investopedia:ANW MoneyShow:ANW Bloomberg:ANW Reuters:ANW Nasdaq:ANW TDAmeritrade:ANW E*Trade:ANW Fidelity:ANW TradingView:ANW TradeIdeas:ANW StockTwits:ANW Twitter:ANW
LPI
LAREDO PETROLEUM INC - Laredo Petroleum, Inc.
NYSE - Common Stock
Google:LPI Yahoo:LPI MSN:LPI CNN:LPI CNBC:LPI WSJ:LPI FinViz:LPI TheStreet:LPI Benzinga:LPI MarketWatch:LPI SeekingAlpha:LPI MorningStar:LPI Zacks:LPI MotleyFool:LPI Investopedia:LPI MoneyShow:LPI Bloomberg:LPI Reuters:LPI Nasdaq:LPI TDAmeritrade:LPI E*Trade:LPI Fidelity:LPI TradingView:LPI TradeIdeas:LPI StockTwits:LPI Twitter:LPI
WBA
WALGREENS BOOTS ALLIANCE INC
NASDAQ - Common Stock
Google:WBA Yahoo:WBA MSN:WBA CNN:WBA CNBC:WBA WSJ:WBA FinViz:WBA TheStreet:WBA Benzinga:WBA MarketWatch:WBA SeekingAlpha:WBA MorningStar:WBA Zacks:WBA MotleyFool:WBA Investopedia:WBA MoneyShow:WBA Bloomberg:WBA Reuters:WBA Nasdaq:WBA TDAmeritrade:WBA E*Trade:WBA Fidelity:WBA TradingView:WBA TradeIdeas:WBA StockTwits:WBA Twitter:WBA
CETV
CENTRAL EUROPEAN MEDIA ENT-A - CENTRAL EUROPEAN MEDIA ENTERPRISES LTD
NASDAQ - Common Stock
Google:CETV Yahoo:CETV MSN:CETV CNN:CETV CNBC:CETV WSJ:CETV FinViz:CETV TheStreet:CETV Benzinga:CETV MarketWatch:CETV SeekingAlpha:CETV MorningStar:CETV Zacks:CETV MotleyFool:CETV Investopedia:CETV MoneyShow:CETV Bloomberg:CETV Reuters:CETV Nasdaq:CETV TDAmeritrade:CETV E*Trade:CETV Fidelity:CETV TradingView:CETV TradeIdeas:CETV StockTwits:CETV Twitter:CETV
IDRA
IDERA PHARMACEUTICALS INC - IDERA PHARMACEUTICALS, INC.
NASDAQ - Common Stock
Google:IDRA Yahoo:IDRA MSN:IDRA CNN:IDRA CNBC:IDRA WSJ:IDRA FinViz:IDRA TheStreet:IDRA Benzinga:IDRA MarketWatch:IDRA SeekingAlpha:IDRA MorningStar:IDRA Zacks:IDRA MotleyFool:IDRA Investopedia:IDRA MoneyShow:IDRA Bloomberg:IDRA Reuters:IDRA Nasdaq:IDRA TDAmeritrade:IDRA E*Trade:IDRA Fidelity:IDRA TradingView:IDRA TradeIdeas:IDRA StockTwits:IDRA Twitter:IDRA
TGT
TARGET CORP
NYSE - Common Stock
Google:TGT Yahoo:TGT MSN:TGT CNN:TGT CNBC:TGT WSJ:TGT FinViz:TGT TheStreet:TGT Benzinga:TGT MarketWatch:TGT SeekingAlpha:TGT MorningStar:TGT Zacks:TGT MotleyFool:TGT Investopedia:TGT MoneyShow:TGT Bloomberg:TGT Reuters:TGT Nasdaq:TGT TDAmeritrade:TGT E*Trade:TGT Fidelity:TGT TradingView:TGT TradeIdeas:TGT StockTwits:TGT Twitter:TGT
DLTR
DOLLAR TREE INC
NASDAQ - Common Stock
Google:DLTR Yahoo:DLTR MSN:DLTR CNN:DLTR CNBC:DLTR WSJ:DLTR FinViz:DLTR TheStreet:DLTR Benzinga:DLTR MarketWatch:DLTR SeekingAlpha:DLTR MorningStar:DLTR Zacks:DLTR MotleyFool:DLTR Investopedia:DLTR MoneyShow:DLTR Bloomberg:DLTR Reuters:DLTR Nasdaq:DLTR TDAmeritrade:DLTR E*Trade:DLTR Fidelity:DLTR TradingView:DLTR TradeIdeas:DLTR StockTwits:DLTR Twitter:DLTR
BWA
BORGWARNER INC
NYSE - Common Stock
Google:BWA Yahoo:BWA MSN:BWA CNN:BWA CNBC:BWA WSJ:BWA FinViz:BWA TheStreet:BWA Benzinga:BWA MarketWatch:BWA SeekingAlpha:BWA MorningStar:BWA Zacks:BWA MotleyFool:BWA Investopedia:BWA MoneyShow:BWA Bloomberg:BWA Reuters:BWA Nasdaq:BWA TDAmeritrade:BWA E*Trade:BWA Fidelity:BWA TradingView:BWA TradeIdeas:BWA StockTwits:BWA Twitter:BWA
Overview
“Bad Apples” is one of our best algorithms for detecting securities with expected strong downward movement.
Based on backtests we expect a decline of 5-8% on average for three days to two weeks after the alert.
“Bad Apples” continue to decline for about five months. Between months 1 and 5, the decline is about 1-3% per month on average.
Although, individual stocks can perform very differently.
From our perspective “Bad Apples” are not good buy candidates for a longer term holding.
This algorithm relies on principles of Capital Preservation and Getting Out of a Failing Position Quickly.
What this algorithm is looking for:
• impactful negative news
• strong overreaction to a mild positive news
• PR-driven stocks
• advancing stocks without a catalyst
• pump-and-dumps
• targets of short selling
• unprofitable companies
• companies bleeding money
• weak fundamental data
• the riskiest stocks on the market (day traders love them, but investors try to avoid)
• stocks breaking down through strong support levels
• discrepancy between retail traders activity (“dumb” money) and institutional investing (“smart” money)
To distinguish between trading activity originated from retail traders, institutional traders, and market makers we may analyze social media, Internet posts, size and patterns of executed orders, darkpool orders, block orders, size and patterns of bid and ask offers at Level I and Level II. Securities, which went up due to a retail traders activity and not due to an institutional investing, are likely to go down after the hype is gone.
We approach trading statistically. We will have losers. What is important for us is that winners outperform losers overall. Further we diversify to reduce risks.
In cash or retirement accounts, we sell “Bad Apple” positions and avoid them for about five months.
Alternatively, if a stock with a strong inverse correlation to “Bad Apple” exists, we may take a long position of such inverted stock. Although we rarely take a leveraged fund as a long position due to decay (fees and contango).
In margin accounts, we may short “Bad Apples” and buy to cover when the stock bottoms out.
The best time to cover short “Bad Apple” position is when stock’s volatility and volume substantially subside.
Also shorting the spikes and covering on dips may give very good results.
Long means positive number of shares and short means negative number of shares in portfolio. Do not confuse these financial terms with holding stocks for a long or short period of time.
Trading costs include commissions, fees, interest, and slippage.
Alerts are distributed via a mailing list at https://groups.google.com/d/forum/zquant.
To ensure that you are receiving messages from us, please add our email address in...@zquant.net to your Contacts and whitelist it (create a filter/rule to never send to spam and always mark as important). Check your spam folder regularly. Mark our email messages as important.
Disclaimer
We are not your investment advisor. We do not recommend buying or selling any securities. Signals are generated by a computer program. Past performance is no guarantee of future results. Signals are provided for research and educational purposes only. Trade at your own risk. You assume full responsibility for your investment decisions.