May 15, 2019

“Looking For Bounce” Leads 19 Algos, 13 Long: Holly Morning Huddle

Written by Katie Gomez

“Looking For Bounce” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, May 15, 2019, the return from my trading performance since January 1 stands at +120.3 accumulated profit points vs the benchmark SPY’s performance of +13.3 points over the same period. On Tuesday my performance was higher +0.1 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 +2.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +0.2 points.

33 stocks traded yesterday: 33 long stocks traded in the following sectors. 10/33 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 19 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 19 strategies selected today 13 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Looking For Bounce 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 73.1 Bon Shorty Short
2 59.5 Bullish Pullback Long
3 65.2 Buyers Stepping In Long
4 69.7 Count De Monet Long
5 69.4 Downward Dog Short
6 70 Float On Long
7 68.6 Got Dough Wants To Go Long
8 75.9 Looking for Bounce Long
9 65.1 Mighty Mouse Long
10 62.9 Nickelback Long
11 67.7 On Support Long
12 66.7 Pushing Through Resistance Long
13 70.5 Putting on the Breaks Short
14 62.5 Selling Strength Short
15 62.9 Slippery Slope Short
16 59.7 Sunrise Mover Long
17 59.9 The 5 Day Bounce Long
18 64.1 Topping Formation Short
19 66.7 Volume Doesnt Lie 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.

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Best regards,


Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence