Trade Ideas Blog
“Breakout” Leads 10 Algos, 7 Long: Holly Morning Huddle
Mar 19, 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, Monday, March 19, 2018, the return from my trading performance since January 1 stands at +125.4 accumulated profit points vs the benchmark SPY’s performance of +50.6 points over the same period. On Friday my performance was higher +1.9 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 Thusday. the SPY was down -.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.8 points.
17 stocks traded yesterday: 17 long stocks traded in the following sectors. 6/17 were in the Manufacturing sector.
|TIVO||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|NSP||L||Administrative and Support and Waste Management and Remediation Services||Professional Employer Organizations|
|LUV||L||Transportation and Warehousing||Scheduled Air Transportation|
|AXDX||L||Manufacturing||Navigational, Measuring, Electromedical, and Control Instruments Manufacturing|
|SGY||L||Mining, Quarrying, and Oil and Gas Extraction|
|INXN||L||Information||Data Processing, Hosting, and Related Services|
|NFX||L||Mining, Quarrying, and Oil and Gas Extraction|
|TUSK||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|GWR||L||Transportation and Warehousing||Rail Transportation|
|SBBP||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|SELB||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|BHVN||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|AAN||L||Real Estate and Rental and Leasing||Office Machinery and Equipment Rental and Leasing|
|VNO||L||Real Estate and Rental and Leasing||Lessors of Nonresidential Buildings (except Miniwarehouses)|
|SEM||L||Health Care and Social Assistance||General Medical and Surgical Hospitals|
|FLKS||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
Today’s a new day and I am prepared for the market open with 13 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 7 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Breakout 8 strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|4||64.4||Cuts Like a Knife||Short|
|6||60.2||Looking for Bounce||Long|
|8||65.5||Putting on the Breaks||Short|
|9||59.2||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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