“Looking for Bounce” Leads 12 Algos, 11 Long: Holly Morning Huddle
“Looking for Bounce” Leads 12 Algos, 11 Long: Holly Morning Huddle
Nov 30, 2017
“Looking for Bounce” Leads The Daily Regime of Optimized Algorithms
Good morning. “Looking for Bounce, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Thursday, November 30, 2017, the return from my trading performance since January 1 stands at +103.1 accumulated profit points vs the benchmark SPY’s performance of +39.1 points over the same period. On Wednesday my performance was higher +1.7 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 Wednesday. the SPY was down -.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +6.2 points.
23 stocks traded yesterday: 22 long and 1 stock traded short in the following sectors. 7/23 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
HRTX | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
COG | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
BOSC | L | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
DL | L | Educational Services | Technical and Trade Schools |
TCMD | L | Manufacturing | Medical Equipment and Supplies Manufacturing |
CORI | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
NOAH | L | Finance and Insurance | Investment Advice |
CUBI | L | Finance and Insurance | Commercial Banking |
NUVA | L | Manufacturing | Medical Equipment and Supplies Manufacturing |
NTCT | L | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
IONS | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
HEBT | L | ||
GME | S | Retail Trade | |
METC | L | Mining, Quarrying, and Oil and Gas Extraction | Coal Mining |
PBH | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
AVID | L | Information | Software Publishers |
KRNY | L | Finance and Insurance | Savings Institutions |
ZOES | L | Accommodation and Food Services | |
WSM | L | Retail Trade | Other Home Furnishings Stores |
HA | L | Transportation and Warehousing | Scheduled Air Transportation |
VRS | L | Manufacturing | Paper Mills |
ETFC | L | Finance and Insurance | Securities Brokerage |
DKS | L | Retail Trade | Sporting Goods Stores |
Today’s a new day and I am prepared for the market open with 12 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 12 strategies selected today 11 are Long, bullish in outlook. 1 is Short, bearish in outlook. Ready for anything. The Looking for Bounce 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 | 61.6 | Bullish Trend Change | Long |
2 | 69 | Buyers Stepping In | Long |
3 | 60.9 | Float On | Long |
4 | 63.9 | Little Big Guy | Long |
5 | 78.9 | Looking for Bounce | Long |
6 | 61.8 | Mighty Mouse | Long |
7 | 64.1 | Quarterback | Long |
8 | 66.1 | Selling Strength | Short |
9 | 69 | Strong Stock Pulling Back | Long |
10 | 59.3 | Sunrise Mover | Long |
11 | 60 | Tailwind | Long |
12 | 50.4 | 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!
“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