Trade Ideas Blog

“Buyers Stepping In” Leads 14 Algos, 11 Long: Holly Morning Huddle

Apr 18, 2018

“Buyers Stepping In” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, April 18, 2018, the return from my trading performance since January 1 stands at +134.2 accumulated profit points vs the benchmark SPY’s performance of +45.6 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 +2.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +3.1 points.

28 stocks traded yesterday: 27 long and 1 stock traded short in the following sectors. 11/28 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
CONN L Retail Trade
ACLS L Manufacturing
RCKT L Manufacturing Pharmaceutical and Medicine Manufacturing
ALRM L Information Software Publishers
OLLI L Retail Trade
IIVI L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
CVGW L Agriculture, Forestry, Fishing and Hunting Noncitrus Fruit and Tree Nut Farming
TTGT L Information Internet Publishing and Broadcasting and Web Search Portals
DVAX L Manufacturing Pharmaceutical and Medicine Manufacturing
VET L Mining, Quarrying, and Oil and Gas Extraction
NBL S Mining, Quarrying, and Oil and Gas Extraction
BITA L Information Data Processing, Hosting, and Related Services
CURO L Finance and Insurance Other Nondepository Credit Intermediation
CYOU L Information Software Publishers
QIWI L Finance and Insurance Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIX L Arts, Entertainment, and Recreation Amusement and Theme Parks
MRTX L Manufacturing Pharmaceutical and Medicine Manufacturing
SAIL L Manufacturing Manufacturing and Reproducing Magnetic and Optical Media
FRC L Finance and Insurance Commercial Banking
SSYS L Manufacturing Commercial and Service Industry Machinery Manufacturing
QURE L
SGMS L Arts, Entertainment, and Recreation Other Gambling Industries
APPN L Information Software Publishers
HCSG L Administrative and Support and Waste Management and Remediation Services Janitorial Services
SODA L Manufacturing Soft Drink and Ice Manufacturing
FBHS L Manufacturing Wood Kitchen Cabinet and Countertop Manufacturing
HAS L Manufacturing Doll, Toy, and Game Manufacturing
QRVO L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing

Today’s a new day and I am prepared for the market open with 14 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 14 strategies selected today 11 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Buyers Stepping In 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 61 Breakout Long
2 76.7 Buyers Stepping In Long
3 60.3 Downward Dog Short
4 67.7 Downward Momentum Short
5 75.6 Float On Long
6 62.3 Looking for Bounce Long
7 61.9 Nice Chart Long
8 59.2 Nickelback Long
9 61.3 On Support Long
10 63.7 Power Hour Long Long
11 75 Quarterback Long
12 61.2 Selling Strength Short
13 63.3 Tailwind Long
14 59.3 The Continuation 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