“Downward Dog” Leads 9 Algos, 2 Short: Holly Morning Huddle

“Downward Dog” Leads 9 Algos, 2 Short: Holly Morning Huddle

Jul 24, 2017

“Downward Dog” Leads The Daily Regime of Optimized Algorithms

Good morning.  Downward Dog, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Monday, July 24, 2017, the return from my trading performance since January 1 stands at +61.2 accumulated profit points vs the benchmark SPY’s performance of +23.3 points over the same period. On Friday my performance was lower -0.6 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 Friday. 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.

8 stocks traded yesterday: 5 long and 3 stocks traded short in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
SUNW L Manufacturing Semiconductor and Other Electronic Component Manufacturing
YRD S Finance and Insurance Other Nondepository Credit Intermediation
CLRB L Manufacturing Pharmaceutical and Medicine Manufacturing
TILE S Manufacturing Carpet and Rug Mills
SKIS L Arts, Entertainment, and Recreation Fitness and Recreational Sports Centers
NVRO L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
GVA L Construction Highway, Street, and Bridge Construction
KORS S Retail Trade Clothing Accessories Stores

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 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 66.7 Buyers Stepping In Long
2 68.4 Count De Monet Long
3 68.8 Downward Dog Short
4 60 Little Big Guy Long
5 61.5 Looking for Bounce Long
6 60 Putting on the Breaks Short
7 63.9 Resistance is Futile Long
8 63.6 Tailwind Long
9 52.4 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