Good morning. “‘Count De Monet’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
As of today, Monday, May 14, 2018, the return from my trading performance since January 1 stands at +149.1 accumulated profit points vs the benchmark SPY’s performance of +49.2 points over the same period. On Friday, my performance was higher +.9 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 +.8. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.4 points.
20 stocks traded yesterday: 17 long and 3 stocks traded short in the following sectors. 3/10 were in the Manufacturing sector.
|VICR||L||Manufacturing||Semiconductor and Other Electronic Component Manufacturing|
|AMAG||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|TISI||L||Other Services (except Public Administration)||Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance|
|ECOM||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|KEG||L||Mining, Quarrying, and Oil and Gas Extraction||Support Activities for Mining|
|FUNC||L||Finance and Insurance||Commercial Banking|
|PFSW||L||Administrative and Support and Waste Management and Remediation Services||Other Business Support Services|
|GDI||S||Manufacturing||Navigational, Measuring, Electromedical, and Control Instruments Manufacturing|
|TRIP||S||Administrative and Support and Waste Management and Remediation Services||Tour Operators|
|SNCR||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|JNCE||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|HTZ||L||Real Estate and Rental and Leasing||Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing|
|USAT||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|TTOO||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|TOT||S||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|LGCY||L||Mining, Quarrying, and Oil and Gas Extraction|
|BLNK||L||Administrative and Support and Waste Management and Remediation Services||Other Business Support Services|
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 8 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Count De Monet strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
|2||70.7||Count De Monet||Long|
|3||61.3||Cuts Like a Knife||Short|
|6||66.7||Got Dough Wants To Go||Long|
|7||67.6||Looking for Bounce||Long|
|9||65.3||Power Hour Long||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.
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Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence