HOLLY: “Power Hour Long” Leads 15 Other Trade Ideas

HOLLY  |

“Power Hour Long” Leads The Daily Regime of Optimized Algorithms

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

As of today, Thursday, January 10, 2019, the return from my trading performance since January 1 stands at +104.9 accumulated profit points vs the benchmark SPY’s performance of -9.4 points over the same period. On Thursday my performance was higher +.4 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 up +1.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.6 points.

44 stocks traded yesterday: 32 long and 12 stocks traded short in the following sectors. 9/22 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 16 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 16 strategies selected today 10 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Power Hour Long strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No.Win%StrategyL/S
165.5Bon ShortyShort
262.3BreakoutLong
363.6Buyers Stepping InLong
464.2Cuts Like a KnifeShort
568.7Downward DogShort
671.8Downward MomentumShort
762.2Looking for BounceLong
868.9Mighty MouseLong
960.4NickelbackLong
1064.8On SupportLong
1181.8Power Hour LongLong
1261.6QuarterbackLong
1366.7Selling StrengthShort
1465.1Slippery SlopeShort
1560.3Sunrise MoverLong
1665.3Yesterday Hammer Today StrengthLong

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.

“Inquire about sponsorship opportunities for this series at info@trade-ideas.com.”

Best regards,

Holly

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

     

Q BioMed CEO provides a Corporate Update

Denis Corin, CEO of Q BioMed Inc. ”Q“, a biomedical acceleration and development company, focused on licensing and acquiring undervalued biomedical assets in the healthcare sector, provides a corporate update.

Emerging Growth

Permanent Techs Inc

Permanent Technologies Inc engages in the design and manufacture of multi-faceted, vibration-proof, self-locking nut and bolt systems for use in the fastener industry in the United States. The Company also…