Qullamaggie: Episodic Pivot (original rules)

Buys by Qullamaggie's original rules for the episodic pivot, in the form we back-tested: a previously unremarkable stock opens at least 10 percent above the prior close, on at least three times its usual daily volume. Unremarkable means up less than 30 percent over the past half year, with no earlier gap of that size. It also has to be tradable: above 1 dollar, more than 3 million dollars of turnover a day, and an average daily swing of at least 4 percent. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. The check and any new purchase happen every trading day; a position is sold as soon as the price falls 15 percent below its highest level since purchase, the share drops off the list, or it is no longer rated green. If the list holds no green-rated share, the portfolio stays in cash.

This portfolio buys shares.