Trade Ideas Blog

“Bullish Pullback” Leads 23 Algos, 16 Long: Holly Morning Huddle

Dec 4, 2018

“Bullish Pullback” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, December 4, 2018, the return from my trading performance since January 1 stands at +100.4 accumulated profit points vs the benchmark SPY’s performance of +12.0 points over the same period. On Monday my performance was lower -1.0 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 Monday, the SPY was up +3.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.6 points.

46 stocks traded yesterday: 41 long and 5 stocks traded short in the following sectors. 17/46 Manufacturing sector.

Today’s a new day and I am prepared for the market open with 23 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 23 strategies selected today 16 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The Bullish Pullback 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 63.6 Bon Shorty Short
2 66 Breakout Long
3 72.5 Bullish Pullback Long
4 63.6 Bullish Trend Change Long
5 61.5 Buyers Stepping In Long
6 61.5 Close to a cross Long
7 61.2 Downward Dog Short
8 65.6 Downward Momentum Short
9 60 Float On Long
10 60.3 Got Dough Wants To Go Long
11 72.1 Knocking on Resistance Short
12 63.1 Mighty Mouse Long
13 63.9 Nickelback Long
14 59.6 On Support Long
15 65.8 Power Hour Long Long
16 62.8 Putting on the Breaks Short
17 59.6 Quarterback Long
18 62.5 Selling Strength Short
19 60.9 Slippery Slope Short
20 65.7 Strong Stock Pulling Back Long
21 61.2 Sunrise Mover Long
22 61.9 Tailwind Long
23 59.8 Yesterday Hammer Today Strength 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