“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.
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Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence