“Downward Dog” Leads 6 Algos, 3 Short: Holly Morning Huddle
“Downward Dog” Leads 6 Algos, 3 Short: Holly Morning Huddle
May 9, 2017
“Downward Dog” Leads 6 Algos, 3 Short: Holly Morning Huddle
Good morning. Downward Dog, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Tuesday, May 9, 2017, the return from my trading performance since January 1 stands at +34.8 accumulated profit points vs the benchmark SPY’s performance of +16.0 points over the same period. On Monday 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 Monday. the SPY was down -.04. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.4 points.
24 stocks traded yesterday: 19 long and 5 stocks traded short in the following sectors. 1/2 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
KEX | S | Transportation and Warehousing | Deep Sea, Coastal, and Great Lakes Water Transportation |
GBT | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
SND | S | Mining, Quarrying, and Oil and Gas Extraction | Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying |
CBAY | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
BOFI | L | Finance and Insurance | Savings Institutions |
CGI | L | Transportation and Warehousing | General Freight Trucking, Long-Distance |
BRG | L | Real Estate and Rental and Leasing | Lessors of Other Real Estate Property |
JONE | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
UAN | L | Manufacturing | Fertilizer Manufacturing |
LLNW | L | Administrative and Support and Waste Management and Remediation Services | All Other Support Services |
ZAYO | L | Manufacturing | Other Communications Equipment Manufacturing |
LPTH | L | Manufacturing | Commercial and Service Industry Machinery Manufacturing |
ENTL | S | Manufacturing | Medical Equipment and Supplies Manufacturing |
ASUR | L | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
CVRR | S | Manufacturing | Petroleum Refineries |
RAIL | L | Manufacturing | Railroad Rolling Stock Manufacturing |
MNKD | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
LPTH | L | Manufacturing | Commercial and Service Industry Machinery Manufacturing |
PCTI | L | Manufacturing | Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing |
NADL | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
MEET | L | Information | All Other Information Services |
KTOS | L | Public Administration | National Security |
KOPN | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
CRR | L | Mining, Quarrying, and Oil and Gas Extraction | Support Activities for Mining |
Today’s a new day and I am prepared for the market open with 6 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 6 strategies selected today 3 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Downward Dog 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 | 49.9 | Carpe De Alpha | Long |
2 | 71.4 | Downward Dog | Short |
3 | 59.2 | Quarterback | Long |
4 | 64.6 | Selling Strength | Short |
5 | 70.8 | Sold to You | Short |
6 | 53.2 | 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