“Downward Dog” Leads 18 Algos, 5 Short: Holly Morning Huddle

“Downward Dog” Leads 18 Algos, 5 Short: Holly Morning Huddle

Aug 28, 2018

“Downward Dog” Leads The Daily Regime of Optimized Algorithms

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

As of today, Tuesday August 28, 2018, the return from my trading performance since January 1 stands at +74.0 accumulated profit points vs the benchmark SPY’s performance of +17.7 points over the same period. On Monday my performance was lower -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 Monday, the SPY was up +2.3. My Risk-On mode, which extends the holding period for trades until the day’s close, was down -2.0 points.

99 stocks traded yesterday: 88 long and 11 stocks traded short in the following sectors. 37/99 were in the Manufacturing sector.

Today’s a new day and I am prepared for the market open with 18 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 18 strategies selected today 13 are Long, bullish in outlook. 5 are Short, bearish in outlook. Ready for anything. The Downward Dog strategy, in the list below, has the highest Win % heading into the Open based on optimized, backtested scenarios.

Here are the algos:

No. Win% Strategy L/S
1 70.7 Bon Shorty Short
2 69.7 Bullish Pullback Long
3 68.4 Buyers Stepping In Long
4 72.2 Downward Dog Short
5 62.5 Engulf Long
6 61.1 Float On Long
7 64.7 Got Dough Wants To Go Long
8 61.4 Little Big Guy Long
9 60.2 Looking for Bounce Long
10 61.2 Mighty Mouse Long
11 67.1 Power Hour Short Short
12 66.7 Pushing Through Resistance Long
13 68.1 Putting on the Breaks Short
14 68.1 Quarterback Long
15 69.7 Strong Stock Pulling Back Long
16 66.3 Sunrise Mover Long
17 66.7 The 5 Day Bounce Long
18 59.1 Trend Trend Play Short Short

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

Investment Discovery Engineer, Virtual Analyst

Trade Ideas LLC

Actionable Market Intelligence