“Bon Shorty” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, January 17, 2018, the return from my trading performance since January 1 stands at +117.5 accumulated profit points vs the benchmark SPY’s performance of +53.4 points over the same period. On Tuesday my performance was higher +.8 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 down -1.0. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -2.4 points.

13 stocks traded yesterday: 13 long and stocks traded in the following sectors. 4/13 were in the Manufacturing and Mining, Quarrying, and Oil and Gas Extraction sectors.

Symbol L/S Sector Sub Industry
V L Finance and Insurance Financial Transactions Processing, Reserve, and Clearinghouse Activities
OIS L Manufacturing Mining and Oil and Gas Field Machinery Manufacturing
TEP L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
HLF L Wholesale Trade Drugs and Druggists’ Sundries Merchant Wholesalers
HRTG L Finance and Insurance Direct Insurance (except Life, Health, and Medical) Carriers
COLL L Manufacturing Pharmaceutical and Medicine Manufacturing
RDUS L Manufacturing Pharmaceutical and Medicine Manufacturing
WLL L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
QTWO L Retail Trade
APA L Mining, Quarrying, and Oil and Gas Extraction Oil and Gas Extraction
PAAS L Mining, Quarrying, and Oil and Gas Extraction Gold Ore and Silver Ore Mining
FEYE L Information Software Publishers
SRNE L Manufacturing Pharmaceutical and Medicine 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 6 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Bon Shorty 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 78.6 Bon Shorty Short
2 61.5 Little Big Guy Long
3 66.7 On Support Long
4 66 Power Hour Long Long
5 66.7 Power Hour Short Short
6 61.2 Putting on the Breaks Short
7 60 Quarterback Long
8 62.3 Sunrise Mover Long
9 74.2 The 5 Day Bounce Long
10 64.6 Topping Formation Short

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