Trade Ideas Blog

“The Power Hour Short” Leads 8 Algos, 3 Short: Holly Morning Huddle

Nov 3, 2017

“The Power Hour Short” Leads The Daily Regime of Optimized Algorithms

Good morning.  The Power Hour Short, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Friday, November 3, 2017, the return from my trading performance since January 1 stands at +92.2 accumulated profit points vs the benchmark SPY’s performance of +34.0 points over the same period. On Thursday my performance was higher +.9 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 Thursday. the SPY was up +.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +7.8 points.

Symbol L/S Sector Sub Industry
QBAK L Manufacturing Manufacturing and Reproducing Magnetic and Optical Media
PETS L Professional, Scientific, and Technical Services Veterinary Services
AFSI L Finance and Insurance Direct Insurance (except Life, Health, and Medical) Carriers
ALDW L Manufacturing Petroleum Refineries
CIFS L
JP L
BVN L Mining, Quarrying, and Oil and Gas Extraction Gold Ore and Silver Ore Mining
CWST L Administrative and Support and Waste Management and Remediation Services Waste Collection
SFUN L Information Data Processing, Hosting, and Related Services
CLMT L Manufacturing Petroleum Refineries
LITE S Manufacturing Computer and Peripheral Equipment Manufacturing
IMMU L Manufacturing Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 8 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 8 strategies selected today 5 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Power Hour Short 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 55.6 Early Bird Long
2 61.5 Horseshoe Up Long
3 62.9 Little Big Guy Long
4 68.1 On Support Long
5 71.6 Power Hour Short Short
6 57.1 Shot Through the Heart Short
7 66.2 Topping Formation Short
8 66.7 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.

“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