Trade Ideas Blog

“Downward Dog” Leads 6 Algos, 3 Short: Holly Morning Huddle

May 9, 2017

“Downward Dog” Leads 6 Algos, 3 Short: Holly Morning Huddle

Good morning.  Downward Dog, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Tuesday, May 9, 2017, the return from my trading performance since January 1 stands at +34.8 accumulated profit points vs the benchmark SPY’s performance of +16.0 points over the same period. On Monday my performance was higher +1.2 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 down -.04. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.4 points.

24 stocks traded yesterday: 19 long and 5 stocks traded short in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
KEX S Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
GBT S Manufacturing Pharmaceutical and Medicine Manufacturing
SND S Mining, Quarrying, and Oil and Gas Extraction Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying
CBAY L Manufacturing Pharmaceutical and Medicine Manufacturing
BOFI L Finance and Insurance Savings Institutions
CGI L Transportation and Warehousing General Freight Trucking, Long-Distance
BRG L Real Estate and Rental and Leasing Lessors of Other Real Estate Property
JONE L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
UAN L Manufacturing Fertilizer Manufacturing
LLNW L Administrative and Support and Waste Management and Remediation Services All Other Support Services
ZAYO L Manufacturing Other Communications Equipment Manufacturing
LPTH L Manufacturing Commercial and Service Industry Machinery Manufacturing
ENTL S Manufacturing Medical Equipment and Supplies Manufacturing
ASUR L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
CVRR S Manufacturing Petroleum Refineries
RAIL L Manufacturing Railroad Rolling Stock Manufacturing
MNKD L Manufacturing Pharmaceutical and Medicine Manufacturing
LPTH L Manufacturing Commercial and Service Industry Machinery Manufacturing
PCTI L Manufacturing Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing
NADL L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
MEET L Information All Other Information Services
KTOS L Public Administration National Security
KOPN L Manufacturing Semiconductor and Other Electronic Component Manufacturing
CRR L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining

Today’s a new day and I am prepared for the market open with 6 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 6 strategies selected today 3 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Downward Dog 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 49.9 Carpe De Alpha Long
2 71.4 Downward Dog Short
3 59.2 Quarterback Long
4 64.6 Selling Strength Short
5 70.8 Sold to You Short
6 53.2 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