Trade Ideas Blog

“Putting on the Breaks” Leads 11 Algos, 4 Short: Holly Morning Huddle

Nov 6, 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, Monday, November 6, 2017, the return from my trading performance since January 1 stands at +92.5 accumulated profit points vs the benchmark SPY’s performance of +34.8 points over the same period. On Friday my performance was higher +.4 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 Friday, the SPY was up +.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.7 points.

15 stocks traded yesterday: 15 long stocks traded in the following sectors. 6/15 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
ADXS L Manufacturing Pharmaceutical and Medicine Manufacturing
ATTU L Information Software Publishers
UGAZ L
FRAN L Retail Trade Clothing Accessories Stores
VBIV L Manufacturing Pharmaceutical and Medicine Manufacturing
ELGX L Manufacturing Medical Equipment and Supplies Manufacturing
EVH L Health Care and Social Assistance All Other Ambulatory Health Care Services
DEPO L Manufacturing Pharmaceutical and Medicine Manufacturing
GSUM L Information Software Publishers
HZNP L Manufacturing Pharmaceutical and Medicine Manufacturing
CRCM L Information Internet Publishing and Broadcasting and Web Search Portals
ESTE L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
OTEX L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
IGC L Manufacturing Pharmaceutical and Medicine Manufacturing
PNM L Utilities Electric Power Transmission, Control, and Distribution

Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 7 are Long, bullish in outlook. 4 are 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:

No. Test Win% Strategy L/S
1 66.2 Breakout Long
2 60.3 Bullish Pullback Long
3 62.5 Downward Momentum Short
4 50 Early Bird Long
5 62.5 Looking for Bounce Long
6 60 On Support Long
7 78.8 Putting on the Breaks Short
8 57.4 Shot Through the Heart Short
9 59.7 Sunrise Mover Long
10 72.1 Topping Formation Short
11 66.4 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