Oct 15, 2018

“Got Dough Wants To Go” Leads 20 Algos, 15 Long: Holly Morning Huddle

Written by Katie Gomez

“Got Dough Wants To Go” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Got Dough Wants To Go’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
alpha, artificial intelligence, capturing alpha, ideas, robo-advisors, robots, stocks, huddle

As of today, Monday, October 15, 2018, the return from my trading performance since January 1 stands at +80.0 accumulated profit points vs the benchmark SPY’s performance of +3.9 points over the same period. On Friday my performance was flat 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 up +3.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.6 points.

28 stocks traded yesterday: 27 long and 1 stocks traded short in the following sectors. 3/7 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 20 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 20 strategies selected today 15 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Got Dough Wants To Go 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 64.4 Breakout Long
2 61.3 Bullish Pullback Long
3 60.9 Bullish Trend Change Long
4 63.6 Buyers Stepping In Long
5 60.5 Close to a cross Long
6 67.6 Downward Dog Short
7 59.7 Downward Momentum Short
8 61.1 Float On Long
9 68.9 Got Dough Wants To Go Long
10 60.3 Knocking on Resistance Short
11 63.9 Little Big Guy Long
12 60 Looking for Bounce Long
13 65.4 On Support Long
14 60.3 Power Hour Long Long
15 64.5 Power Hour Short Short
16 65.6 Quarterback Long
17 61 Strong Stock Pulling Back Long
18 65.5 Sunrise Mover Long
19 62.8 Tailwind Long
20 62.5 Topping Formation 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.

“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