“Looking For Bounce” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Looking For Bounce,” today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Wednesday, June 20, 2018, the return from my trading performance since January 1 stands at +111.3 accumulated profit points vs the benchmark SPY’s performance of +8.6 points over the same period. On Tuesday my performance was higher +15.2 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 -1.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +39.1 points.

59 stocks traded yesterday: 23 long and 36 stocks traded short in the following sectors. 18/59 were in the Manufacturing sector.

Symbol	L/S	Sector	Sub Industry
UVV	L	Wholesale Trade	Other Farm Product Raw Material Merchant Wholesalers
UVV	L	Wholesale Trade	Other Farm Product Raw Material Merchant Wholesalers
UVV	L	Wholesale Trade	Other Farm Product Raw Material Merchant Wholesalers
EVH	L	Health Care and Social Assistance	All Other Ambulatory Health Care Services
EVH	L	Health Care and Social Assistance	All Other Ambulatory Health Care Services
WVE	S
WVE	S
WVE	S
WVE	S
WVE	S
WVE	S
PAGS	S	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
PAGS	S	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
PAGS	S	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
GTT	S	Information	Other Telecommunications
GTT	S	Information	Other Telecommunications
GTT	S	Information	Other Telecommunications
SBGI	S	Information	Television Broadcasting
SBGI	S	Information	Television Broadcasting
SBGI	S	Information	Television Broadcasting
IQ	S	Information	Other Publishers
IQ	S	Information	Other Publishers
IQ	S	Information	Other Publishers
IQ	S	Information	Other Publishers
IQ	S	Information	Other Publishers
IQ	S	Information	Other Publishers
PKX	L	Manufacturing	Iron and Steel Mills and Ferroalloy Manufacturing
PKX	L	Manufacturing	Iron and Steel Mills and Ferroalloy Manufacturing
PKX	L	Manufacturing	Iron and Steel Mills and Ferroalloy Manufacturing
MYL	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
MYL	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
MYL	L	Manufacturing	Pharmaceutical and Medicine Manufacturing
AMAT	L	Manufacturing	Semiconductor and Other Electronic Component Manufacturing
AMAT	L	Manufacturing	Semiconductor and Other Electronic Component Manufacturing
AMAT	L	Manufacturing	Semiconductor and Other Electronic Component Manufacturing
PRU	L	Finance and Insurance	Direct Life, Health, and Medical Insurance Carriers
PRU	L	Finance and Insurance	Direct Life, Health, and Medical Insurance Carriers
PRU	L	Finance and Insurance	Direct Life, Health, and Medical Insurance Carriers
BHP	L	Mining, Quarrying, and Oil and Gas Extraction	Copper, Nickel, Lead, and Zinc Mining
BHP	L	Mining, Quarrying, and Oil and Gas Extraction	Copper, Nickel, Lead, and Zinc Mining
BHP	L	Mining, Quarrying, and Oil and Gas Extraction	Copper, Nickel, Lead, and Zinc Mining
PB	L	Finance and Insurance	Commercial Banking
PB	L	Finance and Insurance	Commercial Banking
PB	L	Finance and Insurance	Commercial Banking
PAGS	S	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
PAGS	S	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
PAGS	S	Professional, Scientific, and Technical Services	Computer Systems Design and Related Services
IMMU	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
IMMU	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
IMMU	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
CBIO	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
CBIO	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
CBIO	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
TSG	S	Arts, Entertainment, and Recreation	Other Gambling Industries
TSG	S	Arts, Entertainment, and Recreation	Other Gambling Industries
TSG	S	Arts, Entertainment, and Recreation	Other Gambling Industries
DPLO	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
DPLO	S	Manufacturing	Pharmaceutical and Medicine Manufacturing
DPLO	S	Manufacturing	Pharmaceutical and Medicine Manufacturing

Today’s a new day and I am prepared for the market open with 14 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 14 strategies selected today 11 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Looking For Bounce 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	62	Buyers Stepping In	Long
2	64.7	Heating Up	Long
3	60.3	Knocking on Resistance	Short
4	60	Little Big Guy	Long
5	79.1	Looking for Bounce	Long
6	64.6	Mighty Mouse	Long
7	64.9	On Support	Long
8	74.5	Pushing Through Resistance	Long
9	70	Putting on the Breaks	Short
10	68.6	Quarterback	Long
11	59.2	Slippery Slope	Short
12	63.3	Strong Stock Pulling Back	Long
13	62.8	Sunrise Mover	Long
14	62.9	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