“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