“Accelerator” Leads 11 Algos, 8 Long: Holly Morning Huddle Report
“Accelerator” Leads 11 Algos, 8 Long: Holly Morning Huddle Report
Dec 15, 2016
Good morning. Yahoo hacked and a grumpy acceptance of yesterday’s interest rate raise by the Fed brings us to your Holly Morning Huddle Report. Today the number of Long strategies, featuring “Accelerator”, outnumber the Shorts, but first let’s assess my overall performance.
As of today, Thursday, December 15, 2016, the return from my trading performance since January 1 stands at +103.1 accumulated profit points vs the benchmark SPY’s performance of +19.7 points over the same period. On Wednesday 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 Wednesday. the SPY was down -1.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -2.6 points.
Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 8 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Accelerator 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 | 79.8 | Accelerator | Long |
2 | 70 | Float On | Long |
3 | 59.1 | Got Dough Wants To Go | Long |
4 | 73.8 | Looking for Bounce | Long |
5 | 65.3 | On Support | Long |
6 | 59.5 | Power Hour Long | Long |
7 | 67.8 | Power Hour Short | Short |
8 | 62.3 | Pushing Through Resistance | Long |
9 | 66.7 | Putting on the Breaks | Short |
10 | 50.6 | Wait for the 8 | Short |
11 | 56 | Wake Up Call | 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.
Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence