Dec 6, 2017
“Putting on the Breaks” Leads 8 Algos, 4 Short: Holly Morning Huddle
Written by Katie Gomez
“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, Wednesday, December 6, 2017, the return from my trading performance since January 1 stands at +104.6 accumulated profit points vs the benchmark SPY’s performance of +39.6 points over the same period. On Tuesday my performance was lower -0.4 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 Tuesday. the SPY was down -1.0. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -3.1 points.
16 stocks traded yesterday: 16 long stocks traded in the following sectors. 3/8 were in the Manufacturing sector.
|XLRN||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|MBIN||L||Finance and Insurance||Commercial Banking|
|NEP||L||Utilities||Electric Power Generation|
|CRK||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|RIBT||L||Manufacturing||Flour Milling and Malt Manufacturing|
|RILY||L||Finance and Insurance||Investment Advice|
|WNEB||L||Finance and Insurance||Savings Institutions|
|RNG||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|CRR||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|ETSY||L||Retail Trade||All Other Miscellaneous Store Retailers|
|YRCW||L||Transportation and Warehousing||General Freight Trucking, Long-Distance|
|HES||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|INSM||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|ESIO||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|VSM||L||Manufacturing||All Other Chemical Product and Preparation 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 4 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:
|1||66.7||Bullish Trend Change||Long|
|3||74.2||Looking for Bounce||Long|
|5||68.5||Power Hour Short||Short|
|6||75.5||Putting on the Breaks||Short|
|8||45.1||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 email@example.com.”
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence