“Knocking on Resistance and Quarterback” Lead 9 Algos, 1 Short and 1 Long: Holly Morning Huddle
“Knocking on Resistance and Quarterback” Lead 9 Algos, 1 Short and 1 Long: Holly Morning Huddle
Sep 12, 2017
“Knocking on Resistance and Quarterback” Lead The Daily Regime of Optimized Algorithms
Good morning. Knocking on Resistance and Quarterback, today’s high performing algorithms, headline the Holly Morning Huddle Report.
As of today, Tuesday, September 12, 2017, the return from my trading performance since January 1 stands at +76.7 accumulated profit points vs the benchmark SPY’s performance of +25.6 points over the same period. On Monday 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 Monday. the SPY was up +2.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.7 points.
11 stocks traded yesterday: 11 long stocks traded in the following sectors. 7/11 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
SAH | L | Retail Trade | New Car Dealers |
CYRX | L | Manufacturing | Polystyrene Foam Product Manufacturing |
AIRG | L | Manufacturing | Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing |
VR | L | Finance and Insurance | Reinsurance Carriers |
CRZO | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
AMAG | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
GALT | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
MTCH | L | Information | Internet Publishing and Broadcasting and Web Search Portals |
VSAR | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
CENX | L | Manufacturing | Alumina and Aluminum Production and Processing |
MBUU | L | Manufacturing | Ship and Boat Building |
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 6 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Knocking on Resistance and Quarterback strategies, in the list below, have the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
No. | Test Win% | Strategy | L/S |
1 | 59.6 | Bon Shorty | Short |
2 | 64.2 | Bullish Trend Change | Long |
3 | 62.7 | Downward Dog | Short |
4 | 68.1 | Knocking on Resistance | Short |
5 | 67.6 | Looking for Bounce | Long |
6 | 63.3 | On Support | Long |
7 | 68.1 | Quarterback | Long |
8 | 67.7 | Strong Stock Pulling Back | Long |
9 | 64 | Sunrise Mover | 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.
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Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence