“Trend Trend Play Short” Leads 17 Algos, 6 Short: Holly Morning Huddle
“Trend Trend Play Short” Leads 17 Algos, 6 Short: Holly Morning Huddle
Jun 24, 2019
“Trend Trend Play Short” Leads The Daily Regime of Optimized Algorithms
Good morning. “‘Trend Trend Play Short’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
As of today, Monday, June 24, 2019, the return from my trading performance since June 21, 2019 at +126.2 accumulated profit points vs the benchmark SPY’s performance of +28.3 points over the same period. On Friday 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 Friday, the SPY was down -1.9. My Risk-On mode, which extends the holding period for trades until the day’s close, was flat.
11 stocks traded yesterday: 9 long and 2 stocks traded short in the following sectors. 2/11 were in the Retail Trade and Manufacturing sectors.
Today’s a new day and I am prepared for the market open with 17 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 17 strategies selected today 11 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Trend Trend Play Short 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 | 61.2 | Buyers Stepping In | Long |
2 | 59.1 | Close to a cross | Long |
3 | 64.5 | Count De Monet | Long |
4 | 66 | Downward Momentum | Short |
5 | 64.4 | Float On | Long |
6 | 64.4 | Knocking on Resistance | Short |
7 | 60.2 | Mighty Mouse | Long |
8 | 63.5 | Nice Chart | Long |
9 | 60 | Nickelback | Long |
10 | 67.6 | On Support | Long |
11 | 60.6 | Putting on the Breaks | Short |
12 | 64 | Quarterback | Long |
13 | 64.8 | Selling Strength | Short |
14 | 60.5 | Strong Stock Pulling Back | Long |
15 | 61.5 | Tailwind | Long |
16 | 62.9 | Topping Formation | Short |
17 | 75 | Trend Trend Play Short | 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.
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Best regards,
Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC
Actionable Market Intelligence