HOLLY: “Nickelback” Leads 12 Other Trade Ideas

HOLLY |

“Nickelback” Leads The Daily Regime of Optimized Algorithms

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

As of today, Friday, May 4, 2018, the return from my trading performance since January 1 stands at +142.7 accumulated profit points vs the benchmark SPY’s performance of +39.0 points over the same period. On Thursday my performance was higher +2.1 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 -.6. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.1 points.

14 stocks traded yesterday: 4 long and 10 stocks traded short in the following sectors. 3/7 were in the Mining, Quarrying, and Oil and Gas Extraction sector.



Symbol L/S Sector Sub Industry
ABX L Mining, Quarrying, and Oil and Gas Extraction Gold Ore and Silver Ore Mining
AAOI L Manufacturing Semiconductor and Other Electronic Component Manufacturing
SYNA S Information Software Publishers
REXR S Real Estate and Rental and Leasing Lessors of Other Real Estate Property
TRNO S Real Estate and Rental and Leasing Lessors of Other Real Estate Property
ARI S Real Estate and Rental and Leasing Other Activities Related to Real Estate
MMSI S Manufacturing Medical Equipment and Supplies Manufacturing
BK S Finance and Insurance Portfolio Management
HP S Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
STT S Finance and Insurance Investment Banking and Securities Dealing
NEM L Mining, Quarrying, and Oil and Gas Extraction Gold Ore and Silver Ore Mining
AEM L Mining, Quarrying, and Oil and Gas Extraction Gold Ore and Silver Ore Mining
GG S Mining, Quarrying, and Oil and Gas Extraction Gold Ore and Silver Ore Mining
WLL S Mining, Quarrying, and Oil and Gas Extraction

Today’s a new day and I am prepared for the market open with 13 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 13 strategies selected today 7 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Nickelback 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 65.2 Bullish Pullback Long
2 59.2 Buyers Stepping In Long
3 60.7 Downward Dog Short
4 67.3 Downward Momentum Short
5 62.2 Knocking on Resistance Short
6 59.4 Mighty Mouse Long
7 68.8 Nickelback Long
8 60.8 Power Hour Long Long
9 59.6 Power Hour Short Short
10 63.2 Putting on the Breaks Short
11 62.1 Strong Stock Pulling Back Long
12 62.5 Sunrise Mover Long
13 68 Topping Formation Short

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

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