“Selling Strength” Leads 6 Algos, 2 Short: Holly Morning Huddle

“Selling Strength” Leads 6 Algos, 2 Short: Holly Morning Huddle

Jan 24, 2018

“Selling Strength” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, January 24, 2018, the return from my trading performance since January 1 stands at +121.8 accumulated profit points vs the benchmark SPY’s performance of +59.7 points over the same period. On Tuesday 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 Tuesday. the SPY was up +.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up 3.2 points.

24 stocks traded yesterday: 24 long stocks traded in the following sectors. 17/24 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
XOMA L Manufacturing Pharmaceutical and Medicine Manufacturing
IOVA L Manufacturing Pharmaceutical and Medicine Manufacturing
ASIX L Manufacturing Resin and Synthetic Rubber Manufacturing
DVAX L Manufacturing Pharmaceutical and Medicine Manufacturing
QURE L
MTCH L Information Internet Publishing and Broadcasting and Web Search Portals
MD L Health Care and Social Assistance Other Outpatient Care Centers
DLPH L Manufacturing Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing
WAGE L Finance and Insurance Miscellaneous Intermediation
JNCE L Manufacturing Pharmaceutical and Medicine Manufacturing
GNUS L Information Music Publishers
CBIO L Manufacturing Pharmaceutical and Medicine Manufacturing
ARGS L Manufacturing Pharmaceutical and Medicine Manufacturing
SPWR L Manufacturing Semiconductor and Other Electronic Component Manufacturing
FN L Manufacturing Semiconductor and Other Electronic Component Manufacturing
CRZO L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
CDEV L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
ACAD L Manufacturing Pharmaceutical and Medicine Manufacturing
SGMO L Manufacturing Pharmaceutical and Medicine Manufacturing
CBAY L Manufacturing Pharmaceutical and Medicine Manufacturing
SGMO L Manufacturing Pharmaceutical and Medicine Manufacturing
PATK L Manufacturing Millwork
ACLS L Manufacturing
NTLA L Manufacturing Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 6 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 6 strategies selected today 4 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Selling Strength 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 60.3 Bullish Pullback Long
2 63.6 Count De Monet Long
3 60 Little Big Guy Long
4 70.3 Putting on the Breaks Short
5 73.3 Selling Strength Short
6 64.7 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.

“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