Trade Ideas Blog
“Putting On The Breaks” Leads 9 Algos, 1 Short: Holly Morning Huddle
Oct 3, 2017
“Putting On The Breaks” Leads The Daily Regime of Optimized Algorithms
Good morning. Putting On The Breaks, today’s high-performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Tuesday, October 3, 2017, the return from my trading performance since January 1 stands at +85.8 accumulated profit points vs the benchmark SPY’s performance of +28.7 points over the same period. On Monday my performance was higher +2.2 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 up +1.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +6.1 points.
23 stocks traded yesterday: 23 long stocks traded in the following sectors. 14/23 were in the Manufacturing sector.
|LONE||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|PXLW||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|NH||L||Health Care and Social Assistance||Offices of All Other Health Practitioners|
|IART||L||Manufacturing||Medical Equipment and Supplies Manufacturing|
|TSEM||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|ANAB||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|RDN||L||Finance and Insurance||Direct Insurance (except Life, Health, and Medical) Carriers|
|WHLR||L||Real Estate and Rental and Leasing||Lessors of Other Real Estate Property|
|WGO||L||Manufacturing||Motor Vehicle Body and Trailer Manufacturing|
|POST||L||Manufacturing||Frozen Food Manufacturing|
|FAST||L||Construction||Other Building Equipment Contractors|
|FORK||L||Manufacturing||Major Appliance Manufacturing|
|LXU||L||Manufacturing||All Other Chemical Product and Preparation Manufacturing|
|DRRX||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|SNCR||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|RXDX||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|AL||L||Real Estate and Rental and Leasing||Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing|
|JNCE||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|DBVT||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|NVMI||L||Manufacturing||Other Industrial Machinery Manufacturing|
|LILAK||L||Information||Cable and Other Subscription Programming|
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 9 are Long, bullish in outlook. 1 is 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:
|1||59.1||Buyers Stepping In||Long|
|4||63.9||Little Big Guy||Long|
|5||62.7||Looking for Bounce||Long|
|7||65.3||Putting on the Breaks||Short|
|8||59.3||Strong Stock Pulling Back||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.
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Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
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