Looking For Bounce Leads the Daily Regime of Optimized Algorithms

Manufacturing Leads the Sectors from Yesterday’s Activity

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

As of today, Friday, February 17, 2017, the return from my trading performance since January 1 stands at +118.1 accumulated profit points vs the benchmark SPY’s performance of +28.5 points over the same period. On Thursday my performance was higher +0.31 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 -0.20. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -2.8 points.

16 stocks traded yesterday: 14 long and 2 stocks traded short in the following sectors. 7/16 were in the Manufacturing sector.

Symbol	L/S	Sector
CARB	L	Information
ORIT	S	Finance and Insurance
MUSA	L	Wholesale Trade
EXAR	L	Manufacturing
AMAG	L	Manufacturing
HP	L	Mining, Quarrying, and Oil and Gas Extraction
BRG	L	Real Estate and Rental and Leasing
MAG	L	Mining, Quarrying, and Oil and Gas Extraction
DKS	L	Retail Trade
MNTA	L	Manufacturing
ZGNX	L	Manufacturing
CAG	L	Manufacturing
TRGP	L	Mining, Quarrying, and Oil and Gas Extraction
AOBC	S	Manufacturing
ADPT	L	Health Care and Social Assistance
OCUL	L	Manufacturing

Today’s a new day and I am prepared for the market open with 12 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 12 strategies selected today 10 are Long, bullish in outlook. 2 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	72.7	Bon Shorty	Short
2	52.1	Bouncers	Long
3	60	Bullish Trend Change	Long
4	64.7	Buyers Stepping In	Long
5	60	Float On	Long
6	78	Looking for Bounce	Long
7	61.2	Mighty Mouse	Long
8	64.4	On Support	Long
9	62.1	Power Hour Long	Long
10	60	Strong Stock Pulling Back	Long
11	67.7	Topping Formation	Short
12	52.9	Wake Up Call	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.

Best regards,

Holly

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence