HOLLY: “Bon Shorty” Leads 17 Other Trade Ideas

HOLLY  |


“Bon Shorty” Leads The Daily Regime of Optimized Algorithms

Good morning. “‘Bon Shorty’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Thursday, June 28, 2018, the return from my trading performance since January 1 stands at +45.8 accumulated profit points vs the benchmark SPY’s performance of -2.7 points over the same period. On Wednesday my performance was lower -0.2 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 Wednesday. the SPY was down -2.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -2.4 points.

51 stocks traded yesterday: 47 long and 4 stocks traded short in the following sectors. 14/51 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 18 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 18 strategies selected today 13 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Bon Shorty 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 70 Bon Shorty Short
2 60.9 Bullish Trend Change Long
3 60.9 Buyers Stepping In Long
4 69.8 Downward Dog Short
5 65.3 Heating Up Long
6 61.3 Little Big Guy Long
7 61.8 Mighty Mouse Long
8 61.7 Nickelback Long
9 63.3 On Support Long
10 62.1 Power Hour Long Long
11 65.1 Power Hour Short Short
12 66.7 Pushing Through Resistance Long
13 60 Quarterback Long
14 59.8 Selling Strength Short
15 62.4 Strong Stock Pulling Back Long
16 69.1 Tailwind Long
17 61.2 Trend Trend Play Short Short
18 63.3 Yesterday Hammer Today Strength 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. Have a great morning. See you in the markets!

Best Regards,

Holly
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
XOM

     

What Is Petrolithium?

MGX Minerals explains the advantages of petrolithium and how they are helping to solve future problems today.

Emerging Growth

Lomiko Metals Inc.

Lomiko Metals Inc is an exploration stage company. It is engaged in the acquisition, exploration and development of resource properties. Its projects include Vines Lake project and Quatre - Milles…