Trade Ideas Blog
“Power Hour Short” Leads 4 Algos, 3 Short: Holly Morning Huddle
Jan 4, 2018
“Power Hour Short” Leads The Daily Regime of Optimized Algorithms
Good morning. Power Hour Short, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Thursday, January 4, 2018, the return from my trading performance since January 1 stands at +113.2 accumulated profit points vs the benchmark SPY’s performance of +46.9 points over the same period. On Wednesday my performance was higher +.2.5 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 Wednesday, the SPY was up +1.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was flat.
19 stocks traded yesterday: 18 long and 1 stock traded short in the following sectors. 3/19 were in the Manufacturing and Mining, Quarrying, and Oil and Gas Extraction sectors.
|DM||L||Transportation and Warehousing||Pipeline Transportation of Natural Gas|
|SWCH||S||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|BYD||L||Arts, Entertainment, and Recreation||Casinos (except Casino Hotels)|
|GCP||L||Manufacturing||Paint and Coating Manufacturing|
|BZH||L||Construction||Residential Building Construction|
|PE||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|AVDL||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|HT||L||Real Estate and Rental and Leasing||Lessors of Nonresidential Buildings (except Miniwarehouses)|
|GEL||L||Transportation and Warehousing||Pipeline Transportation of Crude Oil|
|SGH||L||Manufacturing||Computer and Peripheral Equipment Manufacturing|
|CRZO||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|CRC||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|RBA||L||Administrative and Support and Waste Management and Remediation Services||All Other Support Services|
|CALD||L||Administrative and Support and Waste Management and Remediation Services||All Other Support Services|
|FLR||L||Construction||Other Heavy and Civil Engineering Construction|
|BJRI||L||Accommodation and Food Services|
|PLAY||L||Accommodation and Food Services|
|ZAGG||L||Retail Trade||All Other Miscellaneous Store Retailers|
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 1 is Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Power Hour Short strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|2||61.8||Looking for Bounce||Long|
|3||73.8||Power Hour Short||Short|
|4||61.2||Putting on the Breaks||Short|
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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