“Got Dough Wants To Go” Leads 19 Algos, 12 Long: Holly Morning Huddle

“Got Dough Wants To Go” Leads 19 Algos, 12 Long: Holly Morning Huddle

Jul 12, 2018

“Got Dough Wants To Go” Leads The Daily Regime of Optimized Algorithms

Good morning.  “‘Got Dough Wants To Go’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Thursday, July 12, 2018, the return from my trading performance since January 1 stands at +49.8 accumulated profit points vs the benchmark SPY’s performance of +4.8 points over the same period. On Thursday my performance was flat 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 -2.0. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.4 points.

33 stocks traded yesterday: 26 long and 7 stocks traded short in the following sectors. 17/33 were in the Manufacturing sector.

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 12 are Long, bullish in outlook. 7 are Short, bearish in outlook. Ready for anything. The Got Dough Wants to Go 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 62.1 Bullish Trend Change Long
2 61.4 Buyers Stepping In Long
3 65.8 Cuts Like a Knife Short
4 65.3 Downward Dog Short
5 59.7 Downward Momentum Short
6 63.2 Float On Long
7 68.6 Got Dough Wants To Go Long
8 59.3 Knocking on Resistance Short
9 61.5 Little Big Guy Long
10 64 Looking for Bounce Long
11 62.3 Mighty Mouse Long
12 67.9 On Support Long
13 61.2 Power Hour Short Short
14 66.7 Quarterback Long
15 61.2 Selling Strength Short
16 66 Strong Stock Pulling Back Long
17 64.4 Sunrise Mover Long
18 0 The Vault Long
19 62.5 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