“Sold to You” Leads 6 Algos, 2 Short : Holly Morning Huddle

“Sold to You” Leads 6 Algos, 2 Short : Holly Morning Huddle

May 16, 2017

“Sold to You” Leads 6 Algos, 2 Short: Holly Morning Huddle

Good morning.  Sold to You, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Tuesday, May 16, 2017, the return from my trading performance since January 1 stands at +39.0 accumulated profit points vs the benchmark SPY’s performance of +16.7 points over the same period. On Monday my performance was lower -0.4 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 up +1.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -1.6 points.

22 stocks traded yesterday: 22 long stocks traded in the following sectors. 5/11 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
XONE L Manufacturing Printing
XONE L Manufacturing Printing
IMH L Finance and Insurance Mortgage and Nonmortgage Loan Brokers
RPD L Information Software Publishers
PETS L Professional, Scientific, and Technical Services Veterinary Services
APTI L Information Software Publishers
GLYC L Manufacturing Pharmaceutical and Medicine Manufacturing
SINO L Transportation and Warehousing Freight Transportation Arrangement
JIVE L Information Software Publishers
NEOS L Manufacturing Pharmaceutical and Medicine Manufacturing
LLEX L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
CG L Finance and Insurance Portfolio Management
BRG L Real Estate and Rental and Leasing Lessors of Other Real Estate Property
MXL L Manufacturing Semiconductor and Other Electronic Component Manufacturing
SHAK L Accommodation and Food Services
ZEUS L Manufacturing Rolling and Drawing of Purchased Steel
PCTY L Information Software Publishers
MUR L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
SKLN L Manufacturing Medical Equipment and Supplies Manufacturing
INTT L Manufacturing Semiconductor and Other Electronic Component Manufacturing
PXLW L Manufacturing Semiconductor and Other Electronic Component Manufacturing
CRK 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 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 4 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Sold to You 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 66.2 Alpha Predator Long
2 63.6 On Support Long
3 59.7 Power Hour Short Short
4 64.5 Quarterback Long
5 74.1 Sold to You Short
6 55.7 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