“On Support” Leads 10 Algos, 8 Long: Holly Morning Huddle

“On Support” Leads 10 Algos, 8 Long: Holly Morning Huddle

Nov 17, 2017

“On Support” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, November 17, 2017, the return from my trading performance since January 1 stands at +97.8 accumulated profit points vs the benchmark SPY’s performance of +35.0 points over the same period. On Thursday my performance was lower -0.7 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 Thursday. the SPY was up +2.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.03 points.

26 stocks traded yesterday: 26 long stocks traded in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
ZAGG L Retail Trade All Other Miscellaneous Store Retailers
CONN L Retail Trade
HIIQ L Health Care and Social Assistance Other Outpatient Care Centers
CORI L Manufacturing Pharmaceutical and Medicine Manufacturing
ANDV L Manufacturing Petroleum Refineries
SKYW L Transportation and Warehousing Scheduled Air Transportation
RESN L Manufacturing
SNDX L Manufacturing Pharmaceutical and Medicine Manufacturing
BXC L Wholesale Trade Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
VBIV L Manufacturing Pharmaceutical and Medicine Manufacturing
ECL L Manufacturing Soap and Cleaning Compound Manufacturing
AYX L Information Software Publishers
SCMP L Manufacturing Pharmaceutical and Medicine Manufacturing
SERV L Administrative and Support and Waste Management and Remediation Services Other Business Support Services
MOBL L Manufacturing Manufacturing and Reproducing Magnetic and Optical Media
MYGN L Manufacturing Pharmaceutical and Medicine Manufacturing
NCS L Manufacturing Plate Work and Fabricated Structural Product Manufacturing
AVH L Transportation and Warehousing Scheduled Air Transportation
ADMS L Manufacturing Pharmaceutical and Medicine Manufacturing
EIX L Utilities Electric Power Generation
XRF L
LW L Manufacturing Frozen Food Manufacturing
TNET L Administrative and Support and Waste Management and Remediation Services Professional Employer Organizations
JD L Information All Other Information Services
BZUN L Retail Trade Other Direct Selling Establishments
LITE L Manufacturing Computer and Peripheral Equipment Manufacturing

Today’s a new day and I am prepared for the market open with 10 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 10 strategies selected today 8 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The On Support 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 Bullish Pullback Long
2 65.9 Buyers Stepping In Long
3 60.8 Got Dough Wants To Go Long
4 68.3 Knocking on Resistance Short
5 60 Little Big Guy Long
6 63.6 Mighty Mouse Long
7 70.6 On Support Long
8 60.5 Power Hour Short Short
9 60.2 Quarterback Long
10 56.7 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