“Dough Wants To Go” Leads 12 Algos, 11 Long: Holly Morning Huddle
“Dough Wants To Go” Leads 12 Algos, 11 Long: Holly Morning Huddle
Feb 16, 2017
Dough Wants To Go Leads the Daily Regime of Optimized Algorithms
Good morning. Got Dough Wants To Go, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Thursday, February 16, 2017, the return from my trading performance since January 1 stands at +117.9 accumulated profit points vs the benchmark SPY’s performance of +28.7 points over the same period. On Wednesday my performance was higher +1.2 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 up +1.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.7 points.
19 stocks traded yesterday: 19 long in the following sectors. 9/19 were in the Manufacturing (Pharma and Other) sector.
Symbol | L/S | Sector |
ELMD | L | Navigational, Measuring, Electromedical, and Control Instruments Manufacturing |
ECPG | L | Other Financial Investment Activities |
MNRO | L | Motor Vehicle Parts Manufacturing |
BGS | L | Fruit and Vegetable Preserving and Specialty Food Manufacturing |
USNA | L | Pharmaceutical and Medicine Manufacturing |
EVBG | L | Software Publishers |
DWCH | L | Software Publishers |
CHFN | L | Depository Credit Intermediation |
USNA | L | Pharmaceutical and Medicine Manufacturing |
CPSS | L | Nondepository Credit Intermediation |
CRUS | L | Semiconductor and Other Electronic Component Manufacturing |
CAA | L | Residential Building Construction |
BBL | L | Metal Ore Mining |
FSC | L | Activities Related to Credit Intermediation |
PWR | L | Building Equipment Contractors |
TKR | L | Other Fabricated Metal Product Manufacturing |
ZGNX | L | Pharmaceutical and Medicine Manufacturing |
OCUL | L | Pharmaceutical and Medicine Manufacturing |
Of these 12 strategies selected today 11 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The Got Dough Wants To Go strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.Today’s a new day and I am prepared for the market open with 12 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.
Here are the algos:
No. | Test Win% | Strategy | L/S |
1 | 55.3 | Bouncers | Long |
2 | 64.1 | Bullish Pullback | Long |
3 | 64 | Buyers Stepping In | Long |
4 | 59.2 | Count De Monet | Long |
5 | 69.4 | Got Dough Wants To Go | Long |
6 | 65.7 | Knocking on Resistance | Short |
7 | 64.3 | Looking for Bounce | Long |
8 | 68.4 | On Support | Long |
9 | 68.3 | Power Hour Long | Long |
10 | 62 | Quarterback | Long |
11 | 60.8 | Strong Stock Pulling Back | Long |
12 | 52.7 | 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