“Count De Monet” Leads 6 Algos, 5 Long: Holly Morning Huddle
“Count De Monet” Leads 6 Algos, 5 Long: Holly Morning Huddle
Aug 28, 2017
“Count De Monet” Leads The Daily Regime of Optimized Algorithms
Good morning. Count De Monet, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Monday, August 28, 2017, the return from my trading performance since January 1 stands at +70.2 accumulated profit points vs the benchmark SPY’s performance of +20.9 points over the same period. On Friday 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 Friday. the SPY was up +.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +2.2 points.
14 stocks traded yesterday: 13 long stocks and 1 stock short in the following sectors. 5/14 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
GES | L | Retail Trade | Clothing Accessories Stores |
TVIX | S | ||
GNK | L | Transportation and Warehousing | Deep Sea, Coastal, and Great Lakes Water Transportation |
TLYS | L | Retail Trade | Other Clothing Stores |
JILL | L | Retail Trade | Women’s Clothing Stores |
OII | L | Mining, Quarrying, and Oil and Gas Extraction | Support Activities for Mining |
GCO | L | Retail Trade | Clothing Accessories Stores |
SGMO | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
RIO | L | Mining, Quarrying, and Oil and Gas Extraction | Iron Ore Mining |
CVI | L | Manufacturing | Petroleum Refineries |
SQM | L | Manufacturing | Other Basic Inorganic Chemical Manufacturing |
HIIQ | L | Health Care and Social Assistance | Other Outpatient Care Centers |
JUNO | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
RADA | L | Manufacturing | Other Transportation Equipment Manufacturing |
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 5 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The Count De Monet 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 | Buyers Stepping In | Long |
2 | 67.9 | Count De Monet | Long |
3 | 61.5 | Knocking on Resistance | Short |
4 | 67.6 | Looking for Bounce | Long |
5 | 66.3 | On Support | Long |
6 | 47.7 | 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!
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Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence