“Power Hour Long” Leads 6 Algos, 4 Long: Holly Morning Huddle
“Power Hour Long” Leads 6 Algos, 4 Long: Holly Morning Huddle
Sep 1, 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, Friday, September 1, 2017, the return from my trading performance since January 1 stands at +72.7 accumulated profit points vs the benchmark SPY’s performance of +23.9 points over the same period. On Thursday my performance was higher +.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 up +1.5. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.1 points.
29 stocks traded yesterday: 29 long stocks traded in the following sectors. 14/29 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
JNCE | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
PRTK | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
TANH | L | Manufacturing | Other Petroleum and Coal Products Manufacturing |
GLYC | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
FTK | L | Mining, Quarrying, and Oil and Gas Extraction | Support Activities for Mining |
SLNO | L | Manufacturing | Navigational, Measuring, Electromedical, and Control Instruments Manufacturing |
RAVN | L | Manufacturing | |
CYRX | L | Manufacturing | Polystyrene Foam Product Manufacturing |
MRAM | L | Manufacturing | Computer and Peripheral Equipment Manufacturing |
BHVN | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
NTLA | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
FULT | L | Finance and Insurance | Commercial Banking |
TAHO | L | Mining, Quarrying, and Oil and Gas Extraction | Gold Ore and Silver Ore Mining |
IOVA | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
VERI | L | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
LL | L | Retail Trade | Other Building Material Dealers |
RXDX | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
LNTH | L | Health Care and Social Assistance | Medical and Diagnostic Laboratories |
SCCO | L | Mining, Quarrying, and Oil and Gas Extraction | Copper, Nickel, Lead, and Zinc Mining |
HCLP | L | Mining, Quarrying, and Oil and Gas Extraction | Other Nonmetallic Mineral Mining and Quarrying |
QEP | L | Mining, Quarrying, and Oil and Gas Extraction | Support Activities for Mining |
PIR | L | Retail Trade | Other Home Furnishings Stores |
AZPN | L | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
SGMO | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
EXEL | L | Professional, Scientific, and Technical Services | Research and Development in the Physical, Engineering, and Life Sciences |
NTNX | L | Manufacturing | Manufacturing and Reproducing Magnetic and Optical Media |
MEET | L | Information | All Other Information Services |
RY | L | Finance and Insurance | Commercial Banking |
CSOD | L | Information | Software Publishers |
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 4 are Long, bullish in outlook. 2 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 | 67.1 | Looking for Bounce | Long |
2 | 68.8 | Not a Double Bottom | Short |
3 | 77.1 | Power Hour Long | Long |
4 | 63.2 | Putting on the Breaks | Short |
5 | 60.8 | Tailwind | Long |
6 | 47.8 | 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.
“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”
Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence