“Selling Strength” Leads 7 Algos, 3 Short: Holly Morning Huddle
“Selling Strength” Leads 7 Algos, 3 Short: Holly Morning Huddle
Jul 26, 2017
“Selling Strength” Leads The Daily Regime of Optimized Algorithms
Good morning. Selling Strength, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Wednesday, July 26, 2017, the return from my trading performance since January 1 stands at +62.9 accumulated profit points vs the benchmark SPY’s performance of +23.8 points over the same period. On Tuesday 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 Tuesday. the SPY was down -.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.4 points.
26 stocks traded yesterday: 26 long stocks traded in the following sectors. 5/13 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
ECPG | L | Finance and Insurance | Portfolio Management |
USCR | L | Manufacturing | Other Concrete Product Manufacturing |
FTR | L | Information | Other Telecommunications |
WPRT | L | Manufacturing | Motor Vehicle Gasoline Engine and Engine Parts Manufacturing |
M | L | Retail Trade | Other Clothing Stores |
MKC | L | Manufacturing | Seasoning and Dressing Manufacturing |
REV | L | Retail Trade | Cosmetics, Beauty Supplies, and Perfume Stores |
HZO | L | Retail Trade | Motorcycle, Boat, and Other Motor Vehicle Dealers |
QBAK | L | Manufacturing | Manufacturing and Reproducing Magnetic and Optical Media |
X | L | Manufacturing | Forging and Stamping |
DAIO | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
CNK | L | Information | Motion Picture and Video Exhibition |
WAC | L | Finance and Insurance | Mortgage and Nonmortgage Loan Brokers |
TRST | L | Finance and Insurance | Commercial Banking |
DK | L | Manufacturing | Petroleum Refineries |
SORL | L | Manufacturing | Motor Vehicle Brake System Manufacturing |
RFP | L | Manufacturing | Paper Mills |
SFL | L | Transportation and Warehousing | Deep Sea, Coastal, and Great Lakes Water Transportation |
NRCIA | L | Health Care and Social Assistance | Offices of All Other Health Practitioners |
UAL | L | Transportation and Warehousing | Scheduled Air Transportation |
TECK | L | Mining, Quarrying, and Oil and Gas Extraction | Other Metal Ore Mining |
SND | L | Mining, Quarrying, and Oil and Gas Extraction | Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying |
SWFT | L | Transportation and Warehousing | General Freight Trucking, Long-Distance |
OXY | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
COP | L | Manufacturing | Petroleum Refineries |
JBLU | L | Transportation and Warehousing | Scheduled Air Transportation |
Today’s a new day and I am prepared for the market open with 7 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 7 strategies selected today 4 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Selling Strength 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 | 59.2 | Breakout | Long |
2 | 59.7 | Count De Monet | Long |
3 | 60 | Cuts Like a Knife | Short |
4 | 63.1 | On Support | Long |
5 | 62.8 | Putting on the Breaks | Short |
6 | 64.5 | Selling Strength | Short |
7 | 51.6 | 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