Trade Ideas Blog

“Downward Momentum and Tailwind” Lead 13 Algos, 8 Long and 5 Short: Holly Morning Huddle

Jun 25, 2019

“Downward Momentum and Tailwind” Lead The Daily Regime of Optimized Algorithms

Good morning.  “‘Downward Momentum and Tailwind’, are tied as today’s high performing algorithms, and headline the Holly Morning Huddle Report.”

As of today, Monday, June 25, 2019, the return from my trading performance since January 1 stands at +125.9 accumulated profit points vs the benchmark SPY’s performance of +26.4 points over the same period. On Monday my performance was lower -0.3 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 down -0.4. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -1.1 points.

35 stocks traded yesterday: 30 long and 5 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 13 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 13 strategies selected today 8 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Downward Momentum and Tailwind strategies, in the list below, are tied for the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Win% Strategy L/S
1 67.7 Buyers Stepping In Long
2 60.3 Downward Dog Short
3 69 Downward Momentum Short
4 65.5 Float On Long
5 65.2 Knocking on Resistance Short
6 69.6 Looking for Bounce Long
7 59.3 Mighty Mouse Long
8 59.6 Nickelback Long
9 59.1 On Support Long
10 68.5 Pushing Through Resistance Long
11 66.7 Putting on the Breaks Short
12 65.6 Selling Strength Short
13 69 Tailwind 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