“Topping Formation” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, June 8, 2018, the return from my trading performance since January 1 stands at +75.5 accumulated profit points vs the benchmark SPY’s performance of +10.5 points over the same period. On Thursday my performance was lower -1.8 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 Thursday. the SPY was down -.03. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +7.5 points.

168 stocks traded yesterday: 130 long and 38 stocks traded short in the following sectors. 45/168 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
AMCX L Information Motion Picture and Video Distribution
AMCX L Information Motion Picture and Video Distribution
AMCX L Information Motion Picture and Video Distribution
MB L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
MB L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
MB L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
MTH L Construction Residential Building Construction
MTH L Construction Residential Building Construction
MTH L Construction Residential Building Construction
TGI L Manufacturing Aerospace Product and Parts Manufacturing
TGI L Manufacturing Aerospace Product and Parts Manufacturing
TGI L Manufacturing Aerospace Product and Parts Manufacturing
APPN L Information Software Publishers
APPN L Information Software Publishers
APPN L Information Software Publishers
ASIX S Manufacturing Resin and Synthetic Rubber Manufacturing
ASIX S Manufacturing Resin and Synthetic Rubber Manufacturing
ASIX S Manufacturing Resin and Synthetic Rubber Manufacturing
ASIX L Manufacturing Resin and Synthetic Rubber Manufacturing
ASIX L Manufacturing Resin and Synthetic Rubber Manufacturing
ATUS S Information Other Telecommunications
ATUS S Information Other Telecommunications
ATUS S Information Other Telecommunications
MYL L Manufacturing Pharmaceutical and Medicine Manufacturing
MYL L Manufacturing Pharmaceutical and Medicine Manufacturing
MYL L Manufacturing Pharmaceutical and Medicine Manufacturing
EFSC L Finance and Insurance Commercial Banking
EFSC L Finance and Insurance Commercial Banking
ENDP L Manufacturing Pharmaceutical and Medicine Manufacturing
ENDP L Manufacturing Pharmaceutical and Medicine Manufacturing
ENDP L Manufacturing Pharmaceutical and Medicine Manufacturing
CHFC L Finance and Insurance Commercial Banking
CHFC L Finance and Insurance Commercial Banking
THRM L Manufacturing Motor Vehicle Body and Trailer Manufacturing
THRM L Manufacturing Motor Vehicle Body and Trailer Manufacturing
THRM L Manufacturing Motor Vehicle Body and Trailer Manufacturing
WEC L Utilities Electric Power Generation
WEC L Utilities Electric Power Generation
WEC L Utilities Electric Power Generation
SCWX L Information Software Publishers
SCWX L Information Software Publishers
SCWX L Information Software Publishers
RTTR L Manufacturing Pharmaceutical and Medicine Manufacturing
RTTR L Manufacturing Pharmaceutical and Medicine Manufacturing
RTTR L Manufacturing Pharmaceutical and Medicine Manufacturing
USAK L Transportation and Warehousing General Freight Trucking, Long-Distance
USAK L Transportation and Warehousing General Freight Trucking, Long-Distance
USAK L Transportation and Warehousing General Freight Trucking, Long-Distance
AWK L Utilities Water Supply and Irrigation Systems
AWK L Utilities Water Supply and Irrigation Systems
AWK L Utilities Water Supply and Irrigation Systems
ROST L Retail Trade Family Clothing Stores
ROST L Retail Trade Family Clothing Stores
ROST L Retail Trade Family Clothing Stores
ETR L Utilities Electric Power Generation
ETR L Utilities Electric Power Generation
ETR L Utilities Electric Power Generation
PSTG S Manufacturing Computer and Peripheral Equipment Manufacturing
PSTG S Manufacturing Computer and Peripheral Equipment Manufacturing
PSTG S Manufacturing Computer and Peripheral Equipment Manufacturing
NEE L Utilities Electric Power Generation
NEE L Utilities Electric Power Generation
NEE L Utilities Electric Power Generation
NSIT L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
NSIT L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
NSIT L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
FIVN S Information Software Publishers
FIVN S Information Software Publishers
FIVN S Information Software Publishers
FIVN S Information Software Publishers
FIVN S Information Software Publishers
FIVN S Information Software Publishers
UNT L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
UNT L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
UNT L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
ESRX L Retail Trade Pharmacies and Drug Stores
ESRX L Retail Trade Pharmacies and Drug Stores
ESRX L Retail Trade Pharmacies and Drug Stores
CLDR S Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
CLDR S Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
CLDR S Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
CLDR S Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
CLDR S Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
CLDR S Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
MAA L Real Estate and Rental and Leasing Lessors of Residential Buildings and Dwellings
MAA L Real Estate and Rental and Leasing Lessors of Residential Buildings and Dwellings
MAA L Real Estate and Rental and Leasing Lessors of Residential Buildings and Dwellings
AWK S Utilities Water Supply and Irrigation Systems
AWK S Utilities Water Supply and Irrigation Systems
TLYS L Retail Trade Other Clothing Stores
TLYS L Retail Trade Other Clothing Stores
TLYS L Retail Trade Other Clothing Stores
CFX L Manufacturing Pump and Compressor Manufacturing
CFX L Manufacturing Pump and Compressor Manufacturing
CFX L Manufacturing Pump and Compressor Manufacturing
MRSN L Manufacturing Pharmaceutical and Medicine Manufacturing
MRSN L Manufacturing Pharmaceutical and Medicine Manufacturing
MRSN L Manufacturing Pharmaceutical and Medicine Manufacturing
EGN L Mining, Quarrying, and Oil and Gas Extraction
EGN L Mining, Quarrying, and Oil and Gas Extraction
EGN L Mining, Quarrying, and Oil and Gas Extraction
EPM L Mining, Quarrying, and Oil and Gas Extraction
EPM L Mining, Quarrying, and Oil and Gas Extraction
EPM L Mining, Quarrying, and Oil and Gas Extraction
OMC L Professional, Scientific, and Technical Services Advertising Agencies
OMC L Professional, Scientific, and Technical Services Advertising Agencies
OMC L Professional, Scientific, and Technical Services Advertising Agencies
EMR L Manufacturing All Other Electrical Equipment and Component Manufacturing
EMR L Manufacturing All Other Electrical Equipment and Component Manufacturing
VIAB S Information Cable and Other Subscription Programming
VIAB S Information Cable and Other Subscription Programming
VIAB S Information Cable and Other Subscription Programming
TACO L Accommodation and Food Services
TACO L Accommodation and Food Services
TACO L Accommodation and Food Services
TACO L Accommodation and Food Services
TACO L Accommodation and Food Services
TACO L Accommodation and Food Services
JP L
JP L
JP L
UCBI L Finance and Insurance Commercial Banking
UCBI L Finance and Insurance Commercial Banking
UCBI L Finance and Insurance Commercial Banking
TECK L Mining, Quarrying, and Oil and Gas Extraction Other Metal Ore Mining
TECK L Mining, Quarrying, and Oil and Gas Extraction Other Metal Ore Mining
TECK L Mining, Quarrying, and Oil and Gas Extraction Other Metal Ore Mining
TSRO L Manufacturing Pharmaceutical and Medicine Manufacturing
TSRO L Manufacturing Pharmaceutical and Medicine Manufacturing
TSRO L Manufacturing Pharmaceutical and Medicine Manufacturing
MDP L Information Periodical Publishers
MDP L Information Periodical Publishers
MDP L Information Periodical Publishers
CEQP L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
CEQP L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
CEQP L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
FLO S Manufacturing Bread and Bakery Product Manufacturing
FLO S Manufacturing Bread and Bakery Product Manufacturing
FLO S Manufacturing Bread and Bakery Product Manufacturing
LTRPA S Information Internet Publishing and Broadcasting and Web Search Portals
LTRPA S Information Internet Publishing and Broadcasting and Web Search Portals
LTRPA S Information Internet Publishing and Broadcasting and Web Search Portals
KSS L Retail Trade
KSS L Retail Trade
KSS L Retail Trade
LKM L Information Software Publishers
LKM L Information Software Publishers
LKM L Information Software Publishers
NTAP L Manufacturing Computer and Peripheral Equipment Manufacturing
NTAP L Manufacturing Computer and Peripheral Equipment Manufacturing
REI L Mining, Quarrying, and Oil and Gas Extraction
REI L Mining, Quarrying, and Oil and Gas Extraction
REI L Mining, Quarrying, and Oil and Gas Extraction
EGN L Mining, Quarrying, and Oil and Gas Extraction
EGN L Mining, Quarrying, and Oil and Gas Extraction
EGN L Mining, Quarrying, and Oil and Gas Extraction
HEAR L Manufacturing Other Communications Equipment Manufacturing
HEAR L Manufacturing Other Communications Equipment Manufacturing
HEAR L Manufacturing Other Communications Equipment Manufacturing
BYD S Arts, Entertainment, and Recreation Casinos (except Casino Hotels)
BYD S Arts, Entertainment, and Recreation Casinos (except Casino Hotels)
BYD S Arts, Entertainment, and Recreation Casinos (except Casino Hotels)
BYD S Arts, Entertainment, and Recreation Casinos (except Casino Hotels)
BYD S Arts, Entertainment, and Recreation Casinos (except Casino Hotels)
BYD S Arts, Entertainment, and Recreation Casinos (except Casino Hotels)

Today’s a new day and I am prepared for the market open with 19 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 19 strategies selected today 13 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Topping Formation strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Win% Strategy L/S
1 61 Bon Shorty Short
2 65.6 Breakout Long
3 61 Buyers Stepping In Long
4 69.1 Cuts Like a Knife Short
5 70 Downward Dog Short
6 64.5 Got Dough Wants To Go Long
7 66.7 Knocking on Resistance Short
8 64.4 Looking for Bounce Long
9 59.8 Nickelback Long
10 63.6 On Support Long
11 61.8 Power Hour Long Long
12 64.4 Pushing Through Resistance Long
13 65.2 Quarterback Long
14 62.8 Selling Strength Short
15 68.5 Strong Stock Pulling Back Long
16 60.7 Sunrise Mover Long
17 63.9 Tailwind Long
18 61.4 The 5 Day Bounce Long
19 70.4 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