In early 2024, Holly, the Trade Ideas AI-powered trading assistant, made two notable short trade predictions on CBRL (Cracker Barrel) and GRPN (Groupon). Both trades delivered significant opportunities for savvy investors who followed Holly’s signals.
Initial Predictions and Results
| Stock | Published Price | Current Price (Sept 2024) | % Change |
|---|---|---|---|
| CBRL | $75.88 (Feb 13) | $60.76 | -19.88% |
| GRPN | $16.74 (Mar 15) | $11.84 | -29.27% |
Breakdown of the Predictions:
1. CBRL – Cracker Barrel Old Country Store
- Entry Price: $75.88 on February 13, 2024
- Current Price: $60.76
- Result: A drop of nearly 20%, amounting to a $15.12 decline, which aligns precisely with Holly’s prediction. This trade was marked as a perfect short entry and has turned out to be a substantial win for those who held on to the short position.
2. GRPN – Groupon
- Entry Price: $16.74 on March 15, 2024
- Current Price: $11.84
- Result: Groupon’s stock price has plummeted by 29.27%, a $4.90 decrease. Although slightly short of Holly’s projected 40% drop, it still delivered a remarkable outcome for those who followed the trade.
Accuracy, Gain Realization, and Consistency
Accuracy: Holly’s predictions on both CBRL and GRPN were close to their targets. CBRL hit a nearly exact 20% drop, while GRPN’s 29% drop still provided excellent profit potential.
Gain Realization: Both trades offered substantial opportunities for short-term and swing traders. CBRL delivered consistent gains over several weeks, while GRPN had a four-day window to capitalize on the significant downturn.
Consistency: Holly’s calls have proven to be reliable in these instances, with both trades offering profits that exceeded expectations. A 9/10 score for accuracy and profit potential seems justified.
Conclusion
These short trade opportunities showcase Holly’s predictive power in volatile markets, further cementing Trade Ideas as a top choice for self-directed investors seeking AI-driven trade signals. If these examples are any indication, the future holds even more potential for Holly’s calls.
External Links
Unraveling the Mysteries of Artificial Intelligence: Hopfield Networks, Backpropagation, and the Fight Against Misinformation
73 / 100 Introduction Hopfield Networks – yes, that is what is the subject of today’s Nobel Prize award. Artificial Intelligence (AI) is at the
The Big Discoveries in AI: John Hopfield and Geoffrey Hinton’s Big Ideas
62 / 100 Introduction Hopfield Networks – yes, that is what is the subject of today’s Nobel Prize award. Artificial Intelligence (AI) is at the
