Trade Ideas Blog

“Putting On The Breaks” Leads 11 Algos, 7 Long: Holly Morning Huddle

Apr 25, 2017

“Putting On The Breaks” Leads 11 Algos, 7 Long: Holly Morning Huddle

Good morning.  Putting On The Breaks, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Tuesday, April 25, 2017, the return from my trading performance since January 1 stands at +28.4 accumulated profit points vs the benchmark SPY’s performance of +13.6 points over the same period. On Monday my performance was higher +.2 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 +2.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.5 points.

22 stocks traded yesterday: 22 long stocks traded in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
VICL L Manufacturing Pharmaceutical and Medicine Manufacturing
RDUS L Manufacturing Pharmaceutical and Medicine Manufacturing
OSBC L Finance and Insurance Commercial Banking
PCTI L Manufacturing Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
SONC L Accommodation and Food Services
WEN L Accommodation and Food Services
SPNC L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
AXDX L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
IVAC L Manufacturing All Other Electrical Equipment and Component Manufacturing
DFRG L Accommodation and Food Services Caterers
JOBS L Administrative and Support and Waste Management and Remediation Services Employment Placement Agencies and Executive Search Services
JOBS L Administrative and Support and Waste Management and Remediation Services Employment Placement Agencies and Executive Search Services
TGH L Real Estate and Rental and Leasing Other Commercial and Industrial Machinery and Equipment Rental and Leasing
HDS L Wholesale Trade Industrial Machinery and Equipment Merchant Wholesalers
IVAC L Manufacturing All Other Electrical Equipment and Component Manufacturing
CENT L Manufacturing Animal Food Manufacturing
TGH L Real Estate and Rental and Leasing Other Commercial and Industrial Machinery and Equipment Rental and Leasing
SALT L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
BWEN L Manufacturing
FUEL L Professional, Scientific, and Technical Services Advertising Agencies
ECYT L Manufacturing Pharmaceutical and Medicine Manufacturing
PTX L Manufacturing Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 7 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Putting on the Breaks 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 62.1 Bon Shorty Short
2 51.9 Carpe De Alpha Long
3 61.3 Cuts Like a Knife Short
4 59.8 Float On Long
5 63 Knocking on Resistance Short
6 61.1 Pushing Through Resistance Long
7 68.7 Putting on the Breaks   Short
8 63 Quarterback Long
9 62.1 Strong Stock Pulling Back Long
10 59.3 The 5 Day Bounce Long
11 55 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