Trade Ideas Blog
“Buyers Stepping In” Leads 12 Algos, 9 Long: Holly Morning Huddle
Jun 13, 2017
Buyers Stepping In Leads The Daily Regime of Optimized Algorithms
Good morning. Buyers Stepping In, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Tuesday, June 13, 2017, the return from my trading performance since January 1 stands at +50.0 accumulated profit points vs the benchmark SPY’s performance of +19.7 points over the same period. On Monday my performance was lower -1.0 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 -.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.2 points.
16 stocks traded yesterday: 14 long and 2 stocks traded short in the following sectors. 7/16 were in the Manufacturing sector.
|HIIQ||L||Health Care and Social Assistance||Other Outpatient Care Centers|
|IIVI||L||Manufacturing||Navigational, Measuring, Electromedical, and Control Instruments Manufacturing|
|XOMA||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|ELVT||L||Finance and Insurance||Other Depository Credit Intermediation|
|HYGS||L||Manufacturing||Electrical Equipment Manufacturing|
|ARIS||L||Wholesale Trade||Computer and Computer Peripheral Equipment and Software Merchant Wholesalers|
|FSP||L||Real Estate and Rental and Leasing||Lessors of Nonresidential Buildings (except Miniwarehouses)|
|RUBI||L||Wholesale Trade||Computer and Computer Peripheral Equipment and Software Merchant Wholesalers|
|AROC||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|BLDR||L||Manufacturing||Clay Building Material and Refractories Manufacturing|
|CIEN||S||Manufacturing||Telephone Apparatus Manufacturing|
|SCS||L||Manufacturing||Office Furniture (including Fixtures) Manufacturing|
|CNK||S||Information||Motion Picture and Video Exhibition|
|GLOG||L||Transportation and Warehousing||Deep Sea, Coastal, and Great Lakes Water Transportation|
|GEVO||L||Manufacturing||Other Basic Organic Chemical Manufacturing|
Today’s a new day and I am prepared for the market open with 12 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 12 strategies selected today 9 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Buyers Stepping In strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|2||71.1||Buyers Stepping In||Long|
|4||76.6||Looking for Bounce||Long|
|7||69.6||No Fear Short Here||Short|
|8||66.7||Power Hour Long||Long|
|12||53.3||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.
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence