“Looking For Bounce” Leads The Daily Regime of Optimized Algorithms
Good morning. “‘Looking For Bounce,” today’s high performing algorithm, headlines the Holly Morning Huddle Report.”
As of today, Wednesday, June 20, 2018, the return from my trading performance since January 1 stands at +111.3 accumulated profit points vs the benchmark SPY’s performance of +8.6 points over the same period. On Tuesday my performance was higher +15.2 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 Tuesday. the SPY was down -1.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +39.1 points.
59 stocks traded yesterday: 23 long and 36 stocks traded short in the following sectors. 18/59 were in the Manufacturing sector.
| Symbol | L/S | Sector | Sub Industry |
| UVV | L | Wholesale Trade | Other Farm Product Raw Material Merchant Wholesalers |
| UVV | L | Wholesale Trade | Other Farm Product Raw Material Merchant Wholesalers |
| UVV | L | Wholesale Trade | Other Farm Product Raw Material Merchant Wholesalers |
| EVH | L | Health Care and Social Assistance | All Other Ambulatory Health Care Services |
| EVH | L | Health Care and Social Assistance | All Other Ambulatory Health Care Services |
| WVE | S | ||
| WVE | S | ||
| WVE | S | ||
| WVE | S | ||
| WVE | S | ||
| WVE | S | ||
| PAGS | S | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
| PAGS | S | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
| PAGS | S | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
| GTT | S | Information | Other Telecommunications |
| GTT | S | Information | Other Telecommunications |
| GTT | S | Information | Other Telecommunications |
| SBGI | S | Information | Television Broadcasting |
| SBGI | S | Information | Television Broadcasting |
| SBGI | S | Information | Television Broadcasting |
| IQ | S | Information | Other Publishers |
| IQ | S | Information | Other Publishers |
| IQ | S | Information | Other Publishers |
| IQ | S | Information | Other Publishers |
| IQ | S | Information | Other Publishers |
| IQ | S | Information | Other Publishers |
| PKX | L | Manufacturing | Iron and Steel Mills and Ferroalloy Manufacturing |
| PKX | L | Manufacturing | Iron and Steel Mills and Ferroalloy Manufacturing |
| PKX | L | Manufacturing | Iron and Steel Mills and Ferroalloy Manufacturing |
| MYL | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| MYL | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| MYL | L | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| AMAT | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
| AMAT | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
| AMAT | L | Manufacturing | Semiconductor and Other Electronic Component Manufacturing |
| PRU | L | Finance and Insurance | Direct Life, Health, and Medical Insurance Carriers |
| PRU | L | Finance and Insurance | Direct Life, Health, and Medical Insurance Carriers |
| PRU | L | Finance and Insurance | Direct Life, Health, and Medical Insurance Carriers |
| BHP | L | Mining, Quarrying, and Oil and Gas Extraction | Copper, Nickel, Lead, and Zinc Mining |
| BHP | L | Mining, Quarrying, and Oil and Gas Extraction | Copper, Nickel, Lead, and Zinc Mining |
| BHP | L | Mining, Quarrying, and Oil and Gas Extraction | Copper, Nickel, Lead, and Zinc Mining |
| PB | L | Finance and Insurance | Commercial Banking |
| PB | L | Finance and Insurance | Commercial Banking |
| PB | L | Finance and Insurance | Commercial Banking |
| PAGS | S | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
| PAGS | S | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
| PAGS | S | Professional, Scientific, and Technical Services | Computer Systems Design and Related Services |
| IMMU | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| IMMU | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| IMMU | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| CBIO | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| CBIO | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| CBIO | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| TSG | S | Arts, Entertainment, and Recreation | Other Gambling Industries |
| TSG | S | Arts, Entertainment, and Recreation | Other Gambling Industries |
| TSG | S | Arts, Entertainment, and Recreation | Other Gambling Industries |
| DPLO | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| DPLO | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
| DPLO | S | Manufacturing | Pharmaceutical and Medicine Manufacturing |
Today’s a new day and I am prepared for the market open with 14 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 14 strategies selected today 11 are Long, bullish in outlook. 3 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 | 62 | Buyers Stepping In | Long |
| 2 | 64.7 | Heating Up | Long |
| 3 | 60.3 | Knocking on Resistance | Short |
| 4 | 60 | Little Big Guy | Long |
| 5 | 79.1 | Looking for Bounce | Long |
| 6 | 64.6 | Mighty Mouse | Long |
| 7 | 64.9 | On Support | Long |
| 8 | 74.5 | Pushing Through Resistance | Long |
| 9 | 70 | Putting on the Breaks | Short |
| 10 | 68.6 | Quarterback | Long |
| 11 | 59.2 | Slippery Slope | Short |
| 12 | 63.3 | Strong Stock Pulling Back | Long |
| 13 | 62.8 | Sunrise Mover | Long |
| 14 | 62.9 | The 5 Day Bounce | 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
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