HOLLY: “Quarterback” Leads 20 Other Trade Ideas

HOLLY  |

“Quarterback” Leads The Daily Regime of Optimized Algorithms

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

As of today, Wednesday, November 7, 2018, the return from my trading performance since January 1 stands at +92.7 accumulated profit points vs the benchmark SPY’s performance of +7.8 points over the same period. On Tuesday 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 Wednesday, the SPY was up +1.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -0.2 points.

54 stocks traded yesterday: 40 long and 14 stocks traded short in the following sectors. 7/27 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 21 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 21 strategies selected today 13 are Long, bullish in outlook. 8 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:

No.Win%StrategyL/S
163Bon ShortyShort
260.7Bullish PullbackLong
359.5Bullish Trend ChangeLong
471.9Buyers Stepping InLong
570.5Count De MonetLong
668.6Downward DogShort
764Downward MomentumShort
860.3Knocking on ResistanceShort
968.2Little Big GuyLong
1060Mighty MouseLong
1165.9NickelbackLong
1263.2On SupportLong
1364.9Power Hour LongLong
1468.6Putting on the BreaksShort
1577.3QuarterbackLong
1668.8Selling StrengthShort
1768.1Slippery SlopeShort
1859.8Sunrise MoverLong
1968.8TailwindLong
2063.9Topping FormationShort
2162.1Volume Doesnt LieLong

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

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