Tuesday, March 8, 2011

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short into the Wednesday open.  Keybot is scanning and most fixated on five current areas now; semi's, financials, retail, copper and volatility.  Financials are in the bull camp while retail, copper and volatility are in the bear camp.  Semi's are sitting on the fence tonight.

The broad markets will follow the semi's after the open tomorrow.  If the SOX moves up, so does the SPX, and visa versa.  If the SPX takes out 1325.74 to the upside, then the bulls have regained control of the markets.

Despite the big run up in the broad markets today, the underlying picture remains bearish going into tomorrow. The semi's will lead the overall trading direction.

4/3/11; 7:00 PM EST =
3/31/11; 7:00 PM EST; EOM =
3/29/11; 10:00 AM EST =
3/27/11; 7:00 PM EST =
3/25/11; 10:00 AM EST =
3/20/11; 7:00 PM EST =
3/16/11; 8:30 AM EST =
3/13/11; 7:00 PM EST =
3/11/11; 10:00 AM EST =
3/8/11; 2:43 PM EST = +30; signal line is +35
3/8/11; 2:26 PM EST = +14
3/8/11; 10:01 AM EST = +30; signal line is +39
3/8/11; 9:31 AM EST = +14
3/7/11; 3:54 PM EST = -2
3/7/11; 3:33 PM EST = +14
3/7/11; 11:45 AM EST = -2
3/7/11; 11:32 AM EST = +14; signal line is +47; go short 1313; (Benchmark SPX for 2011=+4.4%)(Keybot this trade=-0.5%; Keybot for 2011=+1.3%)(Actual this trade via MVV=-2.2%; Actual for 2011=+0.4%)
3/7/11; 11:06 AM EST = +14; signal line +48 but algorithm says stay long, reversal appears imminent

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