“Strong Stock Pulling Back” Leads 11 Algos, 7 Long: Holly Morning Huddle

Good morning.  Strong Stock Pulling Back, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Friday, April 21, 2017, the return from my trading performance since January 1 stands at +27.6 accumulated profit points vs the benchmark SPY’s performance of +11.8 points over the same period. On Thursday my performance was lower -0.6 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 Thursday. the SPY was up +1.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.1 points.

22 stocks traded yesterday: 22 long stocks traded in the following sectors. 9/22 were in the Manufacturing sector.

Symbol	L/S	Sector	Sub Industry
CSX	L	Transportation and Warehousing	Rail Transportation
SSYS	L	Manufacturing	Commercial and Service Industry Machinery Manufacturing
UPLD	L	Wholesale Trade	Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
BIOC	L	Health Care and Social Assistance	Medical and Diagnostic Laboratories
AXSM	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
EWBC	L	Finance and Insurance	Commercial Banking
SRPT	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
XONE	L	Manufacturing	Printing
DELT	L	Management of Companies and Enterprises	Management of Companies and Enterprises
LLEX	L	Mining, Quarrying, and Oil and Gas Extraction	Oil and Gas Extraction
ROL	L	Administrative and Support and Waste Management and Remediation Services	Exterminating and Pest Control Services
NR	L	Manufacturing	Mining and Oil and Gas Field Machinery Manufacturing
APTI	L	Information	Software Publishers
TNXP	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
PTCT	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
YUM	L	Accommodation and Food Services
AWK	L	Utilities	Water Supply and Irrigation Systems
GV	L	Construction	Power and Communication Line and Related Structures Construction
BWEN	L	Manufacturing
CGIX	L	Manufacturing	Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
AREX	L	Mining, Quarrying, and Oil and Gas Extraction	Oil and Gas Extraction
CRC	L	Mining, Quarrying, and Oil and Gas Extraction	Oil and Gas Extraction

Today’s a new day and I am prepared for the market open with 9 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 9 strategies selected today 7 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Strong Stock Pulling Back 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	52.2	Carpe De Alpha	Long
2	62.2	Float On	Long
3	63.6	Not a Double Bottom	Short
4	69.2	Putting on the Breaks	Short
5	71.4	Strong Stock Pulling Back	Long
6	60	Sunrise Mover	Long
7	61.9	The 5 Day Bounce	Long
8	61.8	The Continuation	Long
9	55.6	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