Trade Ideas Blog

“Got Dough Wants To Go” Leads 10 Algos, 9 Long: Holly Morning Huddle

Apr 11, 2017

‘Got Dough Wants To Go’ Strategy Leads the Daily Regime of Optimized Algorithms

Good morning.  Got Dough Wants To Go, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Tuesday, April 11, 2017, the return from my trading performance since January 1 stands at +27.8 accumulated profit points vs the benchmark SPY’s performance of +11.8 points over the same period. On Monday, my performance was higher +1.1 in Risk-Off mode (shown above). Risk-Off mode is where trades are not extended and exits are bounded by predetermined time in trade limits absent other reasons to exit (e.g., price target or stop loss reached, etc.) On Monday, the SPY was up +.14. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.1 points.

18 stocks traded yesterday: 17 long and 1 stock traded short in the following sectors. 7/18 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
PETS S Professional, Scientific, and Technical Services Veterinary Services
INVE L Manufacturing Commercial and Service Industry Machinery Manufacturing
RVLT L Manufacturing Lighting Fixture Manufacturing
RNVA L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
TRCH L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
IVAC L Manufacturing All Other Electrical Equipment and Component Manufacturing
ANW L Wholesale Trade Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
URRE L Mining, Quarrying, and Oil and Gas Extraction Other Metal Ore Mining
VIAB L Information Cable and Other Subscription Programming
SBLK L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
BWEN L Manufacturing
W L Retail Trade Electronic Shopping and Mail-Order Houses
BWEN L Manufacturing
FRED L Retail Trade Department Stores
SQM L Manufacturing Other Basic Inorganic Chemical Manufacturing
FUEL L Professional, Scientific, and Technical Services Advertising Agencies
GALT L Manufacturing Pharmaceutical and Medicine Manufacturing
BZUN L Retail Trade Other Direct Selling Establishments

Today’s a new day and I am prepared for the market open with 10 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 these 10 strategies selected today 9 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The Got Dough Wants To Go strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Test Win% Strategy L/S
1 64.9 Cant Stop It Long
2 52.9 Carpe De Alpha Long
3 65.6 Float On Long
4 67.5 Got Dough Wants To Go Long
5 60.3 Looking for Bounce Long
6 60 Mighty Mouse Long
7 60.7 Nickelback Long
8 66 Putting on the Breaks Short
9 60.3 Strong Stock Pulling Back Long
10 55.3 Wake Up Call Long

Have a great morning. See you in the markets!

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. You can also follow me on social media at @TradeIdeas.

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence