Trade Ideas Blog

“No Fear Short Here” Leads 11 Algos, 6 Short: Holly Morning Huddle

May 25, 2017

“No Fear Short Here” Leads The Daily Regime of Optimized Algorithms

Good morning.  No Fear Short Here, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Thursday, May 25, 2017, the return from my trading performance since January 1 stands at +43.4 accumulated profit points vs the benchmark SPY’s performance of +17.0 points over the same period. On Wednesday my performance was higher +1.3 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 Wednesday, the SPY was up +.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +3.3 points.

24 stocks traded yesterday: 21 long and 3 stocks traded short in the following sectors. 5/12 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
PTI L Manufacturing Pharmaceutical and Medicine Manufacturing
EBR L Utilities Electric Power Transmission, Control, and Distribution
EBIX L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
PTI L Manufacturing Pharmaceutical and Medicine Manufacturing
BPT L Manufacturing Petroleum Refineries
IDTI L Manufacturing Semiconductor and Other Electronic Component Manufacturing
NKTR L Manufacturing Pharmaceutical and Medicine Manufacturing
BEBE L Retail Trade Clothing Accessories Stores
WPZ L Transportation and Warehousing Pipeline Transportation of Natural Gas
CVA L Administrative and Support and Waste Management and Remediation Services Waste Treatment and Disposal
COOL L Health Care and Social Assistance Home Health Care Services
TA L Retail Trade Gasoline Stations with Convenience Stores
NVCR L Manufacturing Medical Equipment and Supplies Manufacturing
CAMT L Manufacturing Semiconductor and Other Electronic Component Manufacturing
APTI L Information Software Publishers
PENN L Accommodation and Food Services Casino Hotels
RYI L Wholesale Trade Metal Service Centers and Other Metal Merchant Wholesalers
WSM S Retail Trade Other Home Furnishings Stores
BMO S Finance and Insurance Commercial Banking
UNFI L Wholesale Trade General Line Grocery Merchant Wholesalers
RDUS L Manufacturing Pharmaceutical and Medicine Manufacturing
ADXS L Manufacturing Pharmaceutical and Medicine Manufacturing
DLTR S Retail Trade All Other General Merchandise Stores
SORL L Manufacturing Motor Vehicle Brake System 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 5 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The No Fear Short Here 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 63.8 Alpha Predator Long
2 65.7 Bon Shorty Short
3 62.2 Downward Momentum Short
4 67.4 Looking for Bounce Long
5 69.6 No Fear Short Here Short
6 61.1 Power Hour Short Short
7 68.4 Putting on the Breaks Short
8 68.5 Selling Strength Short
9 59.5 Strong Stock Pulling Back Long
10 61.6 Tailwind Long
11 55.5 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