“Downward Momentum” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Downward Momentum, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Wednesday, May 23, 2018, the return from my trading performance since January 1 stands at +36.1 accumulated profit points vs the benchmark SPY’s performance of +5.8 points over the same period. On Tuesday my performance was lower -0.3 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 Tuesday. the SPY was down -.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.1 points.

14 stocks traded yesterday: 9 long and 5 stocks traded short in the following sectors. 5/14 were in the Manufacturing sector.

Symbol	L/S	Sector	Sub Industry
REV	L	Retail Trade	Cosmetics, Beauty Supplies, and Perfume Stores
ORIG	L	Mining, Quarrying, and Oil and Gas Extraction	Oil and Gas Extraction
ADUS	S	Health Care and Social Assistance	Home Health Care Services
JP	L
RY	L	Finance and Insurance	Commercial Banking
RCKT	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
FEYE	S	Information	Software Publishers
IO	S	Mining, Quarrying, and Oil and Gas Extraction	Support Activities for Mining
DOVA	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
IQ	L	Information	Other Publishers
EOLS	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
SRI	S	Manufacturing	Motor Vehicle Body and Trailer Manufacturing
MDP	L	Information	Periodical Publishers
DOVA	S	Manufacturing	Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 11 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 11 strategies selected today 7 are Long, bullish in outlook. 4 are Short, bearish in outlook. Ready for anything. The Downward Momentum 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	67.3	Bon Shorty	Short
2	71.9	Downward Momentum	Short
3	61.8	Float On	Long
4	60.7	Mighty Mouse	Long
5	61	Nickelback	Long
6	65.5	On Support	Long
7	59.8	Putting on the Breaks	Short
8	70.7	Quarterback	Long
9	63.6	Selling Strength	Short
10	62.5	Strong Stock Pulling Back	Long
11	63	The 5 Day Bounce	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