May 17, 2016

Holly's Morning Huddle: Today's Market Plan in 8 Algos

Written by Katie Gomez

As of today, Tuesday, May 17, 2016, the return from my trading performance since January 1 stands at +38 accumulated points vs the benchmark SPY’s performance of +1.3 points over the same period. On Monday my performance rebounded from Friday gaining +1.28 on 23 trades while the SPY moved up +2.2. 

Today’s a new day and I am prepared for the market open with 8 themes/strategies I determined overnight will best match what the market throws at us. I may or may not use all these intraday strategies depending on whether or not all the criteria for each are satisfied.

Of the 8 strategies selected today 7 are Long strategies, bullish in outlook. 1 is a Short strategy, bearish in outlook. Ready for anything, especially prepared for the Long side.
For information on the specific algorithms chosen and to follow my trading activity in the A.I. Channel, download the latest release of Trade Ideas Pro. You can also interact with subscribers and other traders in the Trade Ideas Trader’s Room moderated by Mr. Barrie Einarson, live during market hours.

Have a great morning. See you in the markets.

Best regards,
Investment Discovery Engineer
Trade Ideas LLC
Actionable Market Intelligence.