Good morning. Mighty Mouse, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Monday, January 8, 2018, the return from my trading performance since January 1 stands at +113.0 accumulated profit points vs the benchmark SPY’s performance of +49.8 points over the same period. On Friday my performance was higher +.3 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 Friday. the SPY was up +1.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.5 points.
13 stocks traded yesterday: 13 long stocks traded in the following sectors. 4/13 were in the Manufacturing sector.
|GNC||L||Retail Trade||Other Health and Personal Care Stores|
|MYSZ||L||Wholesale Trade||Computer and Computer Peripheral Equipment and Software Merchant Wholesalers|
|SRAX||L||Professional, Scientific, and Technical Services||Other Services Related to Advertising|
|CLB||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|RUBI||L||Wholesale Trade||Computer and Computer Peripheral Equipment and Software Merchant Wholesalers|
|KNDI||L||Manufacturing||Other Transportation Equipment Manufacturing|
|OMF||L||Finance and Insurance||Other Nondepository Credit Intermediation|
|NFEC||L||Manufacturing||Metal Valve Manufacturing|
|SNDR||L||Transportation and Warehousing||General Freight Trucking, Local|
|ARNA||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|ERI||L||Accommodation and Food Services||Casino Hotels|
|JUNO||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|CVNA||L||Wholesale Trade||Automobile and Other Motor Vehicle Merchant Wholesalers|
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 5 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Mighty Mouse strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|2||64.6||Got Dough Wants To Go||Long|
|3||59.5||Looking for Bounce||Long|
|6||66.7||Power Hour Short||Short|
|7||65||Putting on the Breaks||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.
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Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence