“Got Dough Wants To Go” Leads 9 Algos, 7 Long: Holly Morning Huddle
“Got Dough Wants To Go” Leads 9 Algos, 7 Long: Holly Morning Huddle
Apr 26, 2017
“Got Dough Wants To Go” Leads 9 Algos, 7 Long: Holly Morning Huddle
Good morning. Got Dough Wants To Go, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Wednesday, April 26, 2017, the return from my trading performance since January 1 stands at +29.8 accumulated profit points vs the benchmark SPY’s performance of +15.0 points over the same period. On Tuesday my performance was higher +1.5 1 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 +1.4. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.8 points.
18 stocks traded yesterday: 16 long and 2 stocks traded short in the following sectors. 5/9 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
REN | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
AGII | L | Finance and Insurance | Reinsurance Carriers |
CMTL | L | Manufacturing | Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing |
ASGN | L | Administrative and Support and Waste Management and Remediation Services | Employment Placement Agencies and Executive Search Services |
AQXP | L | Retail Trade | Pharmacies and Drug Stores |
LTRX | L | Manufacturing | Other Communications Equipment Manufacturing |
CDTX | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
MTLS | L | Manufacturing | Manufacturing and Reproducing Magnetic and Optical Media |
KGJI | L | Manufacturing | Jewelry and Silverware Manufacturing |
DFT | S | Real Estate and Rental and Leasing | Lessors of Other Real Estate Property |
ERI | S | Accommodation and Food Services | Casino Hotels |
ICHR | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
LPTH | L | Manufacturing | Commercial and Service Industry Machinery Manufacturing |
ITEK | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
IDXG | L | Professional, Scientific, and Technical Services | Testing Laboratories |
FRBK | L | Finance and Insurance | Commercial Banking |
MNKD | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
BWEN | L | Manufacturing |
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 Got Dough Wants To Go 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 | 61.5 | Cant Stop It | Long |
2 | 50.9 | Carpe De Alpha | Long |
3 | 62 | Count De Monet | Long |
4 | 67.4 | Got Dough Wants To Go | Long |
5 | 66.7 | Looking for Bounce | Long |
6 | 61.1 | Power Hour Long | Long |
7 | 60.9 | Power Hour Short | Short |
8 | 66 | Putting on the Breaks | Short |
9 | 54.6 | 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