Trade Ideas Blog

“Putting on the Breaks” Leads 9 Algos, 2 Short: Holly Morning Huddle

May 22, 2017

“Putting on the Breaks” Leads 9 Algos, 2 Short: Holly Morning Huddle

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


As of today, Monday, May 22, 2017, the return from my trading performance since January 1 stands at +40.0 accumulated profit points vs the benchmark SPY’s performance of +14.7 points over the same period. On Friday my performance was higher +.13 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 Friday. the SPY was up +1.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.3 points.

7 stocks traded yesterday: 7 long stocks traded in the following sectors. All were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
INVE L Manufacturing Commercial and Service Industry Machinery Manufacturing
HDNG L Manufacturing Metalworking Machinery Manufacturing
CYRX L Manufacturing Polystyrene Foam Product Manufacturing
NEOS L Manufacturing Pharmaceutical and Medicine Manufacturing
BLPH L Manufacturing Pharmaceutical and Medicine Manufacturing
CAMT L Manufacturing Semiconductor and Other Electronic Component Manufacturing
OCUL L Manufacturing Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 9 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 9 strategies selected today 7 are Long, bullish in outlook. 2 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 67.6 Alpha Predator Long
2 61.3 Buyers Stepping In Long
3 76.3 Looking for Bounce Long
4 80.8 Putting on the Breaks Short
5 59.1 Quarterback Long
6 60 Selling Strength Short
7 65.1 Strong Stock Pulling Back Long
8 65.4 Tailwind Long
9 55 Wake Up Call Long

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.Have a great morning. See you in the markets!

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence