“Power Hour Long” Leads 11 Algos, 7 Long: Holly Morning Huddle

“Power Hour Long” Leads 11 Algos, 7 Long: Holly Morning Huddle

May 31, 2017

“Power Hour Long” Leads The Daily Regime of Optimized Algorithms

Good morning.  Power Hour Long, today’s high performing algorithm, headlines the Holly Morning Huddle Report.


As of today, Wednesday, May 31, 2017, the return from my trading performance since January 1 stands at +44.6 accumulated profit points vs the benchmark SPY’s performance of +17.9 points over the same period. On Tuesday my performance was higher +.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 Tuesday. the SPY was down -.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.2 points.

14 stocks traded yesterday: 13 long and 1 stock traded short in the following sectors. 5/14 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
BHE L Manufacturing Semiconductor and Other Electronic Component Manufacturing
AMBA S Manufacturing Semiconductor and Other Electronic Component Manufacturing
VICL L Manufacturing Pharmaceutical and Medicine Manufacturing
BPI L Educational Services Colleges, Universities, and Professional Schools
NODK L Finance and Insurance Direct Insurance (except Life, Health, and Medical) Carriers
CAFD L Utilities Electric Power Generation
CTRL L Manufacturing Communication and Energy Wire and Cable Manufacturing
COOL L Health Care and Social Assistance Home Health Care Services
TCS L Retail Trade All Other Miscellaneous Store Retailers
TITN L Wholesale Trade Farm and Garden Machinery and Equipment Merchant Wholesalers
OSUR L Manufacturing Medical Equipment and Supplies Manufacturing
MCC L Finance and Insurance All Other Financial Investment Activities
TELL L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
TIVO L Professional, Scientific, and Technical Services Computer Systems Design and Related Services

Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 7 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Power Hour Long 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 61.6 Alpha Predator Long
2 62.1 Bon Shorty Short
3 59.6 Bullish Pullback Long
4 61.9 Knocking on Resistance Short
5 62.1 Mighty Mouse Long
6 68.8 No Fear Short Here Short
7 59.1 On Support Long
8 70.6 Power Hour Long Long
9 62.5 Putting on the Breaks Short
10 68.3 Strong Stock Pulling Back Long
11 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