“Selling Strength” Leads 8 Algos, 3 Short Long: Holly Morning Huddle

“Selling Strength” Leads 8 Algos, 3 Short Long: Holly Morning Huddle

Jan 29, 2018

“Selling Strength” Leads The Daily Regime of Optimized Algorithms

Good morning.  Selling Strength, today’s high performing algorithm, headlines the Holly Morning Huddle Report.

As of today, Monday, January 29, 2018, the return from my trading performance since January 1 stands at +114.8 accumulated profit points vs the benchmark SPY’s performance of +63.0 points over the same period. On Friday my performance was lower -8.6 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 up +3.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +6.0 points.

22 stocks traded yesterday: 22 long stocks traded in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
S L Information Wired Telecommunications Carriers
QNST L Professional, Scientific, and Technical Services Direct Mail Advertising
TGI L Manufacturing Aerospace Product and Parts Manufacturing
IIN L Manufacturing Rolling and Drawing of Purchased Steel
HZN L Manufacturing Material Handling Equipment Manufacturing
NTLA L Manufacturing Pharmaceutical and Medicine Manufacturing
MANH L Information Software Publishers
GBX L Manufacturing Railroad Rolling Stock Manufacturing
ALTR L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
BABY L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
PVG L Mining, Quarrying, and Oil and Gas Extraction Other Metal Ore Mining
VCEL L Manufacturing Pharmaceutical and Medicine Manufacturing
YRCW L Transportation and Warehousing General Freight Trucking, Long-Distance
CSTE L Manufacturing Clay Building Material and Refractories Manufacturing
LRN L Educational Services Elementary and Secondary Schools
SMCI L Manufacturing Computer and Peripheral Equipment Manufacturing
ESV L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
PIRS L Manufacturing Pharmaceutical and Medicine Manufacturing
DBD L Professional, Scientific, and Technical Services Computer Systems Design and Related Services
FTK L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
SAVE L Transportation and Warehousing Scheduled Air Transportation
NWL L Manufacturing Other Plastics Product Manufacturing

Today’s a new day and I am prepared for the market open with 8 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 8 strategies selected today 5 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Selling Strength 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 60 Bullish Pullback Long
2 62.1 Bullish Trend Change Long
3 68.6 Buyers Stepping In Long
4 60.1 Count De Monet Long
5 60.5 Downward Dog Short
6 62.2 Power Hour Short Short
7 73.5 Selling Strength Short
8 61.2 Sunrise Mover Long

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.Have a great morning. See you in the markets!

“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