“Quarterback” Leads 12 Algos, 6 Long: Holly Morning Huddle
Good morning. Quarterback, today’s high performing algorithm, headlines the Holly Morning Huddle Report.
As of today, Wednesday, April 12, 2017, the return from my trading performance since January 1 stands at +29.0 accumulated profit points vs the benchmark SPY’s performance of +11.5 points over the same period. On Tuesday my performance was higher +1.2 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 -.28. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +1.6 points.
21 stocks traded yesterday: 19 long and 2 stocks traded short in the following sectors. 7/21 were in the Manufacturing sector.
|AMRI||L||Professional, Scientific, and Technical Services||Research and Development in the Physical, Engineering, and Life Sciences|
|SPWH||L||Retail Trade||Sporting Goods Stores|
|BKE||L||Retail Trade||Family Clothing Stores|
|DXPE||L||Wholesale Trade||Industrial Machinery and Equipment Merchant Wholesalers|
|PFSI||L||Finance and Insurance||Portfolio Management|
|RST||L||Professional, Scientific, and Technical Services||Computer Systems Design and Related Services|
|ZEUS||L||Manufacturing||Rolling and Drawing of Purchased Steel|
|JRJC||L||Information||All Other Information Services|
|LCI||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|PRKR||L||Wholesale Trade||Other Electronic Parts and Equipment Merchant Wholesalers|
|IAG||L||Mining, Quarrying, and Oil and Gas Extraction||Gold Ore and Silver Ore Mining|
|CPST||L||Manufacturing||Engine, Turbine, and Power Transmission Equipment Manufacturing|
|CBAY||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|MNKD||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|BEAT||S||Health Care and Social Assistance||Medical and Diagnostic Laboratories|
|LL||S||Retail Trade||Other Building Material Dealers|
|AVXL||L||Manufacturing||Pharmaceutical and Medicine Manufacturing|
|NADL||L||Mining, Quarrying, and Oil and Gas Extraction||Oil and Gas Extraction|
|SHLD||L||Retail Trade||Department Stores|
Today’s a new day and I am prepared for the market open with 12 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 12 strategies selected today 6 are Long, bullish in outlook. 6 are Short, bearish in outlook. Ready for anything. The Quarterback strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.
Here are the algos:
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!
Investment Discovery Engineer, Virtual Analyst
Trade Ideas LLC