Trade Ideas Blog

“Breakout” Leads 10 Algos, 8 Long: Holly Morning Huddle

Sep 28, 2017

“Breakout” Leads The Daily Regime of Optimized Algorithms

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

As of today, Thursday, September 28, 2017, the return from my trading performance since January 1 stands at +79.9 accumulated profit points vs the benchmark SPY’s performance of +26.4 points over the same period. On Wednesday 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 Wednesday. the SPY was up +1.0. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.6 points.

19 stocks traded yesterday: 12 long and 7 stocks traded short in the following sectors. 9/19 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
UVE L Finance and Insurance Direct Insurance (except Life, Health, and Medical) Carriers
SIFY L Information Wired Telecommunications Carriers
HF L Finance and Insurance Other Nondepository Credit Intermediation
GTS S Finance and Insurance Direct Life, Health, and Medical Insurance Carriers
ARRY L Manufacturing Pharmaceutical and Medicine Manufacturing
DIOD S Manufacturing Semiconductor and Other Electronic Component Manufacturing
OUT S Finance and Insurance All Other Financial Investment Activities
EVH L Health Care and Social Assistance All Other Ambulatory Health Care Services
FSS L Manufacturing
ASND S Manufacturing Pharmaceutical and Medicine Manufacturing
BMS S Manufacturing Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing
IPXL S Manufacturing Pharmaceutical and Medicine Manufacturing
MLCO L Accommodation and Food Services Casino Hotels
PTCT S Manufacturing Pharmaceutical and Medicine Manufacturing
AGO L Finance and Insurance Direct Insurance (except Life, Health, and Medical) Carriers
TBI L Administrative and Support and Waste Management and Remediation Services Professional Employer Organizations
BLPH L Manufacturing Pharmaceutical and Medicine Manufacturing
XL L Finance and Insurance Direct Insurance (except Life, Health, and Medical) Carriers
AMRN L Manufacturing Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 13 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 10 strategies selected today 8 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Breakout 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 71.4 Breakout Long
2 62.2 Count De Monet Long
3 65.5 Cuts Like a Knife Short
4 67.6 Downward Dog Short
5 63.6 Early Bird Long
6 60 Horseshoe Up Long
7 66.7 Looking for Bounce Long
8 63.7 On Support Long
9 64.7 Quarterback Long
10 58.5 Waking Up 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.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence