HOLLY: “Putting on the Breaks” Leads 15 Other Trade Ideas

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“Putting on the Breaks” Leads The Daily Regime of Optimized Algorithms

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

As of today, Thursday, October 4, 2018, the return from my trading performance since January 1 stands at +78.1 accumulated profit points vs the benchmark SPY’s performance of +19.7 points over the same period. On Wednesday my performance was higher +1.6 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 Wednesday, the SPY was up +.2. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +4.7 points.

50 stocks traded yesterday: 40 long and 10 stocks traded short in the following sectors. 23/50 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 Putting on the Breaks 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
167.1BreakoutLong
264.5Buyers Stepping InLong
360.5Downward DogShort
470.5Downward MomentumShort
559.2Got Dough Wants To GoLong
672.7Little Big GuyLong
773.5On SupportLong
867.6Power Hour ShortShort
962.7Pushing Through ResistanceLong
1080.5Putting on the BreaksShort
1169.4QuarterbackLong
1266.1Selling StrengthShort
1360.3Strong Stock Pulling BackLong
1460.9Sunrise MoverLong
1561.7TailwindLong
1660.4Topping FormationShort

Have a great morning. See you in the markets!

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