Trade Ideas Blog

“Power Hour Short” Leads 9 Algos, 3 Short: Holly Morning Huddle

Nov 21, 2017

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

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

As of today, Tuesday, November 21, 2017, the return from my trading performance since January 1 stands at +100.0 accumulated profit points vs the benchmark SPY’s performance of +34.7 points over the same period. On Monday my performance was higher +.75 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 +.44. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.7 points.

17 stocks traded yesterday: 17 long stocks traded in the following sectors. 7/17 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
SMMT L Administrative and Support and Waste Management and Remediation Services Other Business Support Services
RYTM L Manufacturing Pharmaceutical and Medicine Manufacturing
MCO L Finance and Insurance All Other Financial Investment Activities
HRI L Real Estate and Rental and Leasing Other Commercial and Industrial Machinery and Equipment Rental and Leasing
REN L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
SGY L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
HSY L Manufacturing
GIS L Manufacturing Frozen Food Manufacturing
K L Manufacturing Breakfast Cereal Manufacturing
DRNA L Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
TGH L Real Estate and Rental and Leasing Other Commercial and Industrial Machinery and Equipment Rental and Leasing
KIRK L Retail Trade Other Home Furnishings Stores
AQMS L Administrative and Support and Waste Management and Remediation Services Waste Treatment and Disposal
XOMA L Manufacturing Pharmaceutical and Medicine Manufacturing
PNFP L Finance and Insurance Commercial Banking
AKS L Manufacturing Iron and Steel Mills and Ferroalloy Manufacturing
ADMS L Manufacturing Pharmaceutical and Medicine Manufacturing

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 6 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 60.9 Buyers Stepping In Long
2 59.3 Downward Dog Short
3 62.5 Float On Long
4 64.9 Little Big Guy Long
5 69.6 Power Hour Short Short
6 60.3 Tailwind Long
7 61.5 The 5 Day Bounce Long
8 61.2 Topping Formation Short
9 54.2 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