“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