Trade Ideas Blog

“Putting on the Breaks” Leads 8 Algos, 4 Short: Holly Morning Huddle

Dec 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, 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.

Symbol L/S Sector Sub Industry
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
AOI L 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:

No. Test Win% Strategy L/S
1 66.7 Bullish Trend Change Long
2 64.4 Downward Dog Short
3 74.2 Looking for Bounce Long
4 72.6 On Support Long
5 68.5 Power Hour Short Short
6 75.5 Putting on the Breaks Short
7 60.4 Selling Strength 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 info@trade-ideas.com.”

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence