“Putting on the Breaks” Leads The Daily Regime of Optimized Algorithms

Good morning.  Putting on the Breaks, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Thursday, July 13, 2017, the return from my trading performance since January 1 stands at +57.5 accumulated profit points vs the benchmark SPY’s performance of +20.4 points over the same period. On Wednesday 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 Wednesday. the SPY was up +1.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.9 points.

20 stocks traded yesterday: 20 long stocks traded in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
PCMI L Retail Trade All Other Miscellaneous Store Retailers
AXSM L Manufacturing Pharmaceutical and Medicine Manufacturing
MX L Manufacturing Semiconductor and Other Electronic Component Manufacturing
QTNA L Manufacturing Semiconductor and Other Electronic Component Manufacturing
ELVT L Finance and Insurance Other Depository Credit Intermediation
NVTR L Manufacturing Medical Equipment and Supplies Manufacturing
MBUU L Manufacturing Ship and Boat Building
ENTL L Manufacturing Medical Equipment and Supplies Manufacturing
CORI L Manufacturing Pharmaceutical and Medicine Manufacturing
SUNW L Manufacturing Semiconductor and Other Electronic Component Manufacturing
CASC L Manufacturing Pharmaceutical and Medicine Manufacturing
CHGG L Educational Services Educational Support Services
CTMX L Manufacturing Pharmaceutical and Medicine Manufacturing
GTN L Information Television Broadcasting
CBI L Construction All Other Specialty Trade Contractors
LPG L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
ENT L Arts, Entertainment, and Recreation All Other Amusement and Recreation Industries
TWTR L Information All Other Information Services
ENVA L Finance and Insurance Other Nondepository Credit Intermediation
SINO L Transportation and Warehousing Freight Transportation Arrangement

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 8 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Putting on the Breaks 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 62.2 Breakout Long
2 59.1 Buyers Stepping In Long
3 60.6 Downward Momentum Short
4 61.5 Knocking on Resistance Short
5 62 Looking for Bounce Long
6 62.3 On Support Long
7 61.1 Power Hour Long Long
8 63.4 Putting on the Breaks Short
9 62.3 Strong Stock Pulling Back Long
10 63 Sunrise Mover Long
11 50.2 Wake Up Call Long

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.Have a great morning. See you in the markets!

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence

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