Trade Ideas Blog
“Count De Monet” Leads 10 Algos, 8 Long: Holly Morning Huddle
Mar 14, 2018
“Count De Monet” Leads The Daily Regime of Optimized Algorithms
Good morning. “‘Count De Monet’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
As of today, Wednesday, March 14, 2018, the return from my trading performance since January 1 stands at +123.7 accumulated profit points vs the benchmark SPY’s performance of +53.1 points over the same period. On Tuesday my performance was higher +3.5 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 Tuesday. the SPY was down -1.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.7 points.
18 stocks traded yesterday: 14 long and 4 stocks traded short in the following sectors. 11/18 were in the Manufacturing sector.
|PSXP||L||Transportation and Warehousing||All Other Pipeline Transportation|
|GOLF||L||Manufacturing||Sporting and Athletic Goods Manufacturing|
|RETA||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|DLPH||L||Manufacturing||Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing|
|GTHX||S||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|HGV||S||Accommodation and Food Services||Hotels (except Casino Hotels) and Motels|
|PSTG||S||Manufacturing||Computer and Peripheral Equipment Manufacturing|
|HLI||S||Finance and Insurance||All Other Financial Investment Activities|
|CRVS||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|MARK||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|PE||L||Mining, Quarrying, and Oil and Gas Extraction|
|DERM||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|ECYT||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|AMAT||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|EMR||L||Manufacturing||All Other Electrical Equipment and Component Manufacturing|
|INTC||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
Today’s a new day and I am prepared for the market open with 10 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 10 strategies selected today 8 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Count De Monet strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|3||69.7||Buyers Stepping In||Long|
|4||82.9||Count De Monet||Long|
|5||66.2||Looking for Bounce||Long|
|7||62.6||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
Actionable Market Intelligence