Trade Ideas Blog
“Looking For Bounce” Leads 9 Algos, 7 Long: Holly Morning Huddle
Dec 18, 2017
“Looking For Bounce” Leads The Daily Regime of Optimized Algorithms
Good morning. Looking For Bounce, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Monday, December 18, 2017, the return from my trading performance since January 1 stands at +109.1 accumulated profit points vs the benchmark SPY’s performance of +42.9 points over the same period. On Friday my performance was higher +1.5 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 up +3.2 points.
21 stocks traded yesterday: 21 long stocks traded in the following sectors. 10/21 were in the Manufacturing sector.
|CNAT||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|GROW||L||Finance and Insurance||Investment Advice|
|LPCN||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|BLPH||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|SPAR||L||Manufacturing||Heavy Duty Truck Manufacturing|
|NX||L||Manufacturing||Ornamental and Architectural Metal Products Manufacturing|
|KANG||L||Health Care and Social Assistance||Medical and Diagnostic Laboratories|
|CXRX||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|PERY||L||Manufacturing||Men’s and Boys’ Cut and Sew Apparel Manufacturing|
|SFLY||L||Retail Trade||Electronic Shopping and Mail-Order Houses|
|WWD||L||Manufacturing||Aerospace Product and Parts Manufacturing|
|LHO||L||Real Estate and Rental and Leasing||Lessors of Nonresidential Buildings (except Miniwarehouses)|
|EXR||L||Real Estate and Rental and Leasing||Lessors of Other Real Estate Property|
|ICE||L||Finance and Insurance||Securities and Commodity Exchanges|
|SLGN||L||Manufacturing||Metal Can, Box, and Other Metal Container (Light Gauge) Manufacturing|
|HCSG||L||Administrative and Support and Waste Management and Remediation Services||Janitorial Services|
|ORIG||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|UA||L||Manufacturing||Men’s and Boys’ Cut and Sew Apparel Manufacturing|
|INSW||L||Transportation and Warehousing||Pipeline Transportation of Crude Oil|
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 7 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Looking For Bounce strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|2||65||Bullish Trend Change||Long|
|4||62.5||Got Dough Wants To Go||Long|
|5||75.6||Looking for Bounce||Long|
|7||66.7||Power Hour Short||Short|
|8||60||Strong Stock Pulling Back||Long|
|9||61.5||The 5 Day Bounce||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
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