Apr 26, 2019

“Strong Stock Pulling Back” Leads 18 Algos, 11 Long: Holly Morning Huddle

Written by Katie Gomez

“Strong Stock Pulling Back” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Strong Stock Pulling Back’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Friday, April 26, 2019, the return from my trading performance since January 1 stands at +116.8 accumulated profit points vs the benchmark SPY’s performance of +24.5 points over the same period. On Thursday 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 Thursday, the SPY was down -0.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -1.7 points.

33 stocks traded yesterday: 24 long and 9 stocks traded short in the following sectors. 9/33 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 18 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 18 strategies selected today 11 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The Strong Stock Pulling Back 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 68.8 Bullish Pullback Long
2 61.9 Downward Dog Short
3 61.4 Downward Momentum Short
4 60.4 Float On Long
5 61.8 Got Dough Wants To Go Long
6 66.7 Knocking on Resistance Short
7 69.6 Looking for Bounce Long
8 60.6 Mighty Mouse Long
9 60.4 Nickelback Long
10 59.8 Power Hour Short Short
11 63.2 Putting on the Breaks Short
12 63.2 Selling Strength Short
13 71 Strong Stock Pulling Back Long
14 61.9 Sunrise Mover Long
15 59.5 Tailwind Long
16 60.4 Topping Formation Short
17 59.1 Trend Trend Play Long
18 66.2 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,


Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence