Nov 13, 2019

“On Support” Leads 18 Algos, 14 Long: Holly Morning Huddle

Written by Katie Gomez

“On Support” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, November 13, 2019, the return from my trading performance since January 1 stands at +137.2 accumulated profit points vs the benchmark SPY’s performance of +41.5 points over the same period. On Tuesday my performance was lower -0.7 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 +0.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -1.2 points.

31 stocks traded yesterday: 22 long and 9 stocks traded short in the following sectors. 14/31 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 14 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The On Support 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 45.7 Breakdown Short Short
2 66.7 Breakout Long
3 49 Breakout Long Long
4 63.5 Buyers Stepping In Long
5 61.5 Downward Momentum Short
6 62.8 Got Dough Wants To Go Long
7 65.5 Looking for Bounce Long
8 59.3 Mighty Mouse Long
9 61 Nice Chart Long
10 63 Nickelback Long
11 75 On Support Long
12 46.9 Pullback Long Long
13 63.2 Pullback Short Short
14 68.2 Pushing Through Resistance Long
15 62.6 Quarterback Long
16 61.8 Selling Strength Short
17 59.8 The 5 Day Bounce Long
18 62.5 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.

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Best regards,


Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence