Trade Ideas Blog
“Quarterback” Leads 12 Algos, 8 Long: Holly Morning Huddle
Nov 28, 2017
“Quarterback” Leads The Daily Regime of Optimized Algorithms
Good morning. Quarterback, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Tuesday, November 28, 2017, the return from my trading performance since January 1 stands at +101.6 accumulated profit points vs the benchmark SPY’s performance of +36.6 points over the same period. On Tuesday my performance was higher +1.6 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 down -.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.5 points.
17 stocks traded yesterday: 16 long and 1 stock traded short in the following sectors. 10/17 were in the Manufacturing sector.
|CBIO||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|MHLD||L||Finance and Insurance||Reinsurance Carriers|
|XIN||L||Construction||Residential Building Construction|
|PPC||S||Manufacturing||Frozen Food Manufacturing|
|SSI||L||Retail Trade||Other Clothing Stores|
|BCEI||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|CME||L||Finance and Insurance||Securities and Commodity Exchanges|
|EKSO||L||Manufacturing||Medical Equipment and Supplies Manufacturing|
|BLPH||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|JKS||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|TEVA||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|GLYC||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|UTSI||L||Information||Wireless Telecommunications Carriers (except Satellite)|
|DAIO||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|TRMB||L||Manufacturing||Navigational, Measuring, Electromedical, and Control Instruments Manufacturing|
|SWIR||L||Manufacturing||Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing|
Of these 12 strategies selected today 8 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Quarterback strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.Today’s a new day and I am prepared for the market open with 12 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.
Here are the algos:
|1||63||Bullish Trend Change||Long|
|2||62.6||Buyers Stepping In||Long|
|4||66.7||Got Dough Wants To Go||Long|
|5||60||Little Big Guy||Long|
|7||63.9||Power Hour Long||Long|
|8||63.2||Power Hour Short||Short|
|12||53.9||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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Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence