Trade Ideas Blog

“Quarterback” Leads 9 Algos, 5 Long: Holly Morning Huddle

Mar 26, 2018

“Quarterback” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Quarterback’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Monday, March 26, 2018, the return from my trading performance since January 1 stands at +123.6 accumulated profit points vs the benchmark SPY’s performance of +34.4 points over the same period. On Friday my performance was lower -1.3 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 Friday. the SPY was down -5.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.8 points.

8 stocks traded yesterday: 5 long and 3 stocks traded short in the following sectors. 3/8 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
KBH L Construction Residential Building Construction
USG S Manufacturing Gypsum Product Manufacturing
THRM S Manufacturing Motor Vehicle Body and Trailer Manufacturing
CNNE S Finance and Insurance All Other Financial Investment Activities
GNK L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
PQG L Manufacturing Other Basic Inorganic Chemical Manufacturing
SOI L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
UPLD L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers

Today’s a new day and I am prepared for the market open with 9 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 9 strategies selected today 5 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Quarterback strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Win% Strategy L/S
1 62.2 Breakout Long
2 67.7 Downward Dog Short
3 63.9 Downward Momentum Short
4 63.6 Looking for Bounce Long
5 61.1 Power Hour Long Long
6 67.3 Putting on the Breaks Short
7 72.3 Quarterback Long
8 67.4 Selling Strength Short
9 63.1 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.

“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