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, Tuesday, May 30, 2018, the return from my trading performance since January 1 stands at +41.6 accumulated profit points vs the benchmark SPY’s performance of +2.2 points over the same period. On Tuesday my performance was higher +5.4 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 Tuesday. the SPY was down -3.1. My Risk-On mode, which extends the holding period for trades until the day’s close, was up +7.1 points.

107 stocks traded yesterday: 65 long and 42 stocks traded short in the following sectors. 42/107 were in the Manufacturing sector.



Symbol L/S Sector Sub Industry
AKCA L Manufacturing Pharmaceutical and Medicine Manufacturing
AKCA L Manufacturing Pharmaceutical and Medicine Manufacturing
AKCA L Manufacturing Pharmaceutical and Medicine Manufacturing
ARCB L Transportation and Warehousing General Freight Trucking, Long-Distance
ARCB L Transportation and Warehousing General Freight Trucking, Long-Distance
ARCB L Transportation and Warehousing General Freight Trucking, Long-Distance
SCVL S Retail Trade Shoe Stores
SCVL S Retail Trade Shoe Stores
SCVL S Retail Trade Shoe Stores
MOV L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
MOV L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
MOV L Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
TCMD S Manufacturing Medical Equipment and Supplies Manufacturing
TCMD S Manufacturing Medical Equipment and Supplies Manufacturing
TCMD S Manufacturing Medical Equipment and Supplies Manufacturing
INSM L Manufacturing Pharmaceutical and Medicine Manufacturing
INSM L Manufacturing Pharmaceutical and Medicine Manufacturing
INSM L Manufacturing Pharmaceutical and Medicine Manufacturing
CBD S Retail Trade Supermarkets and Other Grocery (except Convenience) Stores
CBD S Retail Trade Supermarkets and Other Grocery (except Convenience) Stores
CBD S Retail Trade Supermarkets and Other Grocery (except Convenience) Stores
STAA L Manufacturing Medical Equipment and Supplies Manufacturing
STAA L Manufacturing Medical Equipment and Supplies Manufacturing
STAA L Manufacturing Medical Equipment and Supplies Manufacturing
PGTI L Manufacturing Ornamental and Architectural Metal Products Manufacturing
PGTI L Manufacturing Ornamental and Architectural Metal Products Manufacturing
PGTI L Manufacturing Ornamental and Architectural Metal Products Manufacturing
GDI S Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
GDI S Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
GDI S Manufacturing Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
ACOR L Manufacturing Pharmaceutical and Medicine Manufacturing
ACOR L Manufacturing Pharmaceutical and Medicine Manufacturing
ACOR L Manufacturing Pharmaceutical and Medicine Manufacturing
BKE L Retail Trade Family Clothing Stores
BKE L Retail Trade Family Clothing Stores
BKE L Retail Trade Family Clothing Stores
KOPN L Manufacturing Semiconductor and Other Electronic Component Manufacturing
KOPN L Manufacturing Semiconductor and Other Electronic Component Manufacturing
KOPN L Manufacturing Semiconductor and Other Electronic Component Manufacturing
CVA L Administrative and Support and Waste Management and Remediation Services Waste Treatment and Disposal
CVA L Administrative and Support and Waste Management and Remediation Services Waste Treatment and Disposal
CVA L Administrative and Support and Waste Management and Remediation Services Waste Treatment and Disposal
RES L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
JT S Professional, Scientific, and Technical Services Computer Systems Design and Related Services
JT S Professional, Scientific, and Technical Services Computer Systems Design and Related Services
JT S Professional, Scientific, and Technical Services Computer Systems Design and Related Services
PUMP L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
CRK S Mining, Quarrying, and Oil and Gas Extraction
CRK S Mining, Quarrying, and Oil and Gas Extraction
CRK S Mining, Quarrying, and Oil and Gas Extraction
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
AXON L Manufacturing Pharmaceutical and Medicine Manufacturing
FOSL S Wholesale Trade Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
FOSL S Wholesale Trade Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
FOSL S Wholesale Trade Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
GHG S
GHG S
GHG S
EGC L Mining, Quarrying, and Oil and Gas Extraction Support Activities for Mining
CHGG S Educational Services Educational Support Services
CHGG S Educational Services Educational Support Services
CHGG S Educational Services Educational Support Services
MRTX L Manufacturing Pharmaceutical and Medicine Manufacturing
MRTX L Manufacturing Pharmaceutical and Medicine Manufacturing
MRTX L Manufacturing Pharmaceutical and Medicine Manufacturing
SWCH S Professional, Scientific, and Technical Services Computer Systems Design and Related Services
SWCH S Professional, Scientific, and Technical Services Computer Systems Design and Related Services
SWCH S Professional, Scientific, and Technical Services Computer Systems Design and Related Services
LPSN S Information Software Publishers
LPSN S Information Software Publishers
LPSN S Information Software Publishers
LPI L Mining, Quarrying, and Oil and Gas Extraction
CTRV L Manufacturing Pharmaceutical and Medicine Manufacturing
CTRV L Manufacturing Pharmaceutical and Medicine Manufacturing
CTRV L Manufacturing Pharmaceutical and Medicine Manufacturing
CHS L Retail Trade Women’s Clothing Stores
CHS L Retail Trade Women’s Clothing Stores
CHS L Retail Trade Women’s Clothing Stores
CLXT S Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
CLXT S Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
CLXT S Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
CLXT S Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
CLXT S Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
CLXT S Professional, Scientific, and Technical Services Research and Development in the Physical, Engineering, and Life Sciences
CATO L Retail Trade Other Clothing Stores
CATO L Retail Trade Other Clothing Stores
CATO L Retail Trade Other Clothing Stores
CVEO L Administrative and Support and Waste Management and Remediation Services Other Business Support Services
CVEO L Administrative and Support and Waste Management and Remediation Services Other Business Support Services
CVEO L Administrative and Support and Waste Management and Remediation Services Other Business Support Services
MX L Manufacturing Semiconductor and Other Electronic Component Manufacturing
MX L Manufacturing Semiconductor and Other Electronic Component Manufacturing
MX L Manufacturing Semiconductor and Other Electronic Component Manufacturing
FND S Wholesale Trade Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
FND S Wholesale Trade Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
FND S Wholesale Trade Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
QTNT L Professional, Scientific, and Technical Services Testing Laboratories
QTNT L Professional, Scientific, and Technical Services Testing Laboratories
QTNT L Professional, Scientific, and Technical Services Testing Laboratories
REI L Mining, Quarrying, and Oil and Gas Extraction
DSX L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
DSX L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation
DSX L Transportation and Warehousing Deep Sea, Coastal, and Great Lakes Water Transportation

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 8 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Strong Stock Pulling Back 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!

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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