“Sold to You” Leads 9 Algos, 2 Short: Holly Morning Huddle
“Sold to You” Leads 9 Algos, 2 Short: Holly Morning Huddle
May 17, 2017
“Sold to You” Leads 9 Algos, 2 Short: Holly Morning Huddle
Good morning. Sold to You, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Wednesday, May 17, 2017, the return from my trading performance since January 1 stands at +39.8 accumulated profit points vs the benchmark SPY’s performance of +16.5 points over the same period. On Tuesday my performance was higher +.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 Tuesday. the SPY was down -.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -5.2 points.
19 stocks traded yesterday: 16 long and 3 stocks traded short in the following sectors. 13/19 were in the Manufacturing sector.
Symbol | L/S | Sector | Sub Industry |
TGTX | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
REVG | S | Manufacturing | Automobile and Light Duty Motor Vehicle Manufacturing |
DAIO | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
XONE | L | Manufacturing | Printing |
GUID | L | Information | Software Publishers |
CRCM | L | Information | Internet Publishing and Broadcasting and Web Search Portals |
CRBP | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
INTT | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
WAAS | L | Utilities | Water Supply and Irrigation Systems |
GLYC | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
VJET | L | Manufacturing | Commercial and Service Industry Machinery Manufacturing |
SMTC | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
TAL | S | Educational Services | Elementary and Secondary Schools |
BAX | L | Manufacturing | Medical Equipment and Supplies Manufacturing |
BTI | L | Manufacturing | Tobacco Product Manufacturing |
CAMT | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
DLPH | L | Manufacturing | Other Transportation Equipment Manufacturing |
GPN | L | Finance and Insurance | Financial Transactions Processing, Reserve, and Clearinghouse Activities |
LLEX | L | Mining, Quarrying, and Oil and Gas Extraction | Oil and Gas Extraction |
Today’s a new day and I am prepared for the market open with 9 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 9 strategies selected today 7 are Long, bullish in outlook. 2 are Short, bearish in outlook. Ready for anything. The Sold to You 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 | 66.2 | Alpha Predator | Long |
2 | 59.8 | Buyers Stepping In | Long |
3 | 73 | Got Dough Wants To Go | Long |
4 | 62.9 | Looking for Bounce | Long |
5 | 73.2 | Sold to You | Short |
6 | 62.6 | Sunrise Mover | Long |
7 | 68.5 | Tailwind | Long |
8 | 64.8 | Topping Formation | Short |
9 | 55.7 | 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