Nov 1, 2017

“On Support” Leads 9 Algos, 7 Long: Holly Morning Huddle

Written by Katie Gomez

“On Support” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, November 1, 2017, the return from my trading performance since January 1 stands at +90.1 accumulated profit points vs the benchmark SPY’s performance of +33.5 points over the same period. On Tuesday my performance was higher +.7 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 Tuesday. the SPY was up +.4. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -2.1 points.

8 stocks traded yesterday: 5 long and 3 stocks traded short in the following sectors. 5/8 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
APTO L Manufacturing Pharmaceutical and Medicine Manufacturing
ATAX L Finance and Insurance Other Activities Related to Credit Intermediation
EDGE L Manufacturing Pharmaceutical and Medicine Manufacturing
SPPI L Manufacturing Pharmaceutical and Medicine Manufacturing
VRTX S Manufacturing Pharmaceutical and Medicine Manufacturing
SQNS S Manufacturing Semiconductor and Other Electronic Component Manufacturing
ETR L Utilities Electric Power Generation
TOL S Construction Residential Building Construction

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 On Support 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 63.2 Breakout Long
2 65.7 Buyers Stepping In Long
3 65.4 Downward Dog Short
4 55.2 Early Bird Long
5 70.3 On Support Long
6 61.3 Selling Strength Short
7 62.2 Strong Stock Pulling Back Long
8 69.2 The Continuation Long
9 67.5 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.

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Best regards,


Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence