HOLLY: “Strong Stock Pulling Back” Leads 12 Other Trade Ideas

HOLLY  |

“Strong Stock Pulling Back” Leads The Daily Regime of Optimized Algorithms

Good morning. “‘Strong Stock Pulling Back’, today’s high performing algorithm, headlines the Holly Morning Huddle Report.”

As of today, Monday, May 21, 2018, the return from my trading performance since January 1 stands at +37.7 accumulated profit points vs the benchmark SPY’s performance of +4.5 points over the same period. On Friday my performance was lower -.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 Friday. the SPY was down -.7. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +.4 points.

20 stocks traded yesterday: 15 long and 5 stocks traded short in the following sectors. 1/2 were in the Manufacturing sector.

Symbol L/S Sector Sub Industry
TTOO L Manufacturing Pharmaceutical and Medicine Manufacturing
TVTY L Health Care and Social Assistance Other Outpatient Care Centers
VCEL L Manufacturing Pharmaceutical and Medicine Manufacturing
CRR L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
ECYT L Manufacturing Pharmaceutical and Medicine Manufacturing
CWBR L Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
TGTX L Manufacturing Pharmaceutical and Medicine Manufacturing
TNDM L Manufacturing Medical Equipment and Supplies Manufacturing
MCFT L Manufacturing Ship and Boat Building
CRY L Manufacturing Medical Equipment and Supplies Manufacturing
HIIQ L Health Care and Social Assistance Other Outpatient Care Centers
ACAD S Manufacturing Pharmaceutical and Medicine Manufacturing
SEND L Wholesale Trade Computer and Computer Peripheral Equipment and Software Merchant Wholesalers
MPLX S Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
SIX S Arts, Entertainment, and Recreation Amusement and Theme Parks
MCF L Mining, Quarrying, and Oil and Gas Extraction
BOOT S Retail Trade Shoe Stores
APLS S Manufacturing Pharmaceutical and Medicine Manufacturing
FOLD L Manufacturing Pharmaceutical and Medicine Manufacturing
QTNT L Professional, Scientific, and Technical Services Testing Laboratories

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 10 are Long, bullish in outlook. 3 are Short, bearish in outlook. Ready for anything. The Strong Stock Pulling Back, 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!

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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