‘Selling Strength’ Strategy Leads the Daily Regime of Optimized Algorithms

Good morning.  Selling Strength, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Monday, March 20, 2017, the return from my trading performance since January 1 stands at +24.2 accumulated profit points vs the benchmark SPY’s performance of +13.5 points over the same period. On Friday, 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 Friday, the SPY was down -1.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.8 points.

10 stocks traded yesterday: 8 long and 2 stocks traded short in the following sectors. 7/10 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
INVE L Manufacturing Commercial and Service Industry Machinery Manufacturing
SLCA L Mining, Quarrying, and Oil and Gas Extraction Other Nonmetallic Mineral Mining and Quarrying
RVLT L Manufacturing Lighting Fixture Manufacturing
GSIT L Manufacturing Semiconductor and Other Electronic Component Manufacturing
ILG S Arts, Entertainment, and Recreation All Other Amusement and Recreation Industries
X S Manufacturing Forging and Stamping
FL L Retail Trade Shoe Stores
PKG L Manufacturing Paperboard Container Manufacturing
LPCN L Manufacturing Pharmaceutical and Medicine Manufacturing
EARS L Manufacturing Pharmaceutical and Medicine Manufacturing

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 Selling Strength strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Test Win% Strategy L/S
1 52.5 Bouncers Long
2 61.2 Buyers Stepping In Long
3 61.5 Cant Stop It Long
4 66.2 Knocking on Resistance Short
5 60.2 On Support Long
6 64.5 Quarterback Long
7 69.2 Selling Strength Short
8 61.7 Strong Stock Pulling Back Long
9 61.5 Sunrise Mover Long
10 65.6 Topping Formation Short
11 56.2 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

 

 

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