Trade Ideas Blog

“Strong Stock Pulling Back” Leads 4 Algos, 2 Long: Holly Morning Huddle

Dec 28, 2017

“Strong Stock Pulling Back” Leads The Daily Regime of Optimized Algorithms

Good morning.  Strong Stock Pulling Back, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Thursday, December 28, 2017, the return from my trading performance since January 1 stands at +110.6 accumulated profit points vs the benchmark SPY’s performance of +43.7 points over the same period. On Wednesday my performance was lower -1.0 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 Thursday. the SPY was up +.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.7 points.

14 stocks traded yesterday: 11 long and 3 stocks traded short in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
ADMS S Manufacturing Pharmaceutical and Medicine Manufacturing
OPTN S Manufacturing Pharmaceutical and Medicine Manufacturing
FCB L Finance and Insurance Commercial Banking
CHFS L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
BIP S Utilities Electric Power Transmission, Control, and Distribution
HTLF L Finance and Insurance Commercial Banking
GALT L Manufacturing Pharmaceutical and Medicine Manufacturing
SCG L Utilities Electric Power Generation
GSUM L Information Software Publishers
DSS L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
PBF L Manufacturing Petroleum Refineries
EXEL L Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
GOOS L Manufacturing Apparel Accessories and Other Apparel Manufacturing
XOMA L Manufacturing Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 4 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 4 strategies selected today 2 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Strong Stock Pulling Back 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 Downward Dog Short
2 62 Power Hour Short Short
3 61.3 Quarterback Long
4 66.7 Strong Stock Pulling Back 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