Trade Ideas Blog
“Breakout” Leads 11 Algos, 10 Long: Holly Morning Huddle
Feb 14, 2018
“Breakout” Leads The Daily Regime of Optimized Algorithms
Good morning. “‘Breakout’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
As of today, Friday, February 14, 2018, the return from my trading performance since January 1 stands at +117.4 accumulated profit points vs the benchmark SPY’s performance of +42.4 points over the same period. On Tuesday my performance was higher +1.8 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 up +.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +3.0 points.
18 stocks traded yesterday: 18 long stocks traded in the following sectors. 7/18 were in the Manufacturing sector.
|VER||L||Real Estate and Rental and Leasing||Lessors of Other Real Estate Property|
|AHT||L||Real Estate and Rental and Leasing||Lessors of Residential Buildings and Dwellings|
|FIT||L||Manufacturing||Navigational, Measuring, Electromedical, and Control Instruments Manufacturing|
|HTLD||L||Transportation and Warehousing||General Freight Trucking, Long-Distance|
|TECK||L||Mining, Quarrying, and Oil and Gas Extraction||Other Metal Ore Mining|
|HIIQ||L||Health Care and Social Assistance||Other Outpatient Care Centers|
|RMP||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|ITCI||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|HBM||L||Manufacturing||Copper Rolling, Drawing, Extruding, and Alloying|
|NS||L||Transportation and Warehousing||Pipeline Transportation of Refined Petroleum Products|
|AAXN||L||Manufacturing||All Other Fabricated Metal Product Manufacturing|
|HSBC||L||Finance and Insurance||Commercial Banking|
|TSN||L||Manufacturing||Animal Slaughtering and Processing|
|TOT||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|FRTA||L||Manufacturing||Pottery, Ceramics, and Plumbing Fixture Manufacturing|
Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 10 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The Breakout strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|2||59.6||Buyers Stepping In||Long|
|3||60.2||Count De Monet||Long|
|7||63.2||Power Hour Long||Long|
|9||67.1||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.
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Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
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