Friday, March 25, 2011

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long the indexes to start Friday's session.  The algorithm is focused on several sectors recently.  Utilities, copper, retail, volatility and commodities are all keeping indexes buoyant.  Look for weakness in any of these areas to hint at a stall out for the broad markets.  Semi's and financials remain bearish so the bulls will need to bring them on board today or Monday if the broad markets want to head higher.

A pre-schedlued signal clicks off at 10 AM this morning.  Markets are unstable now oscillating between bullish and bearish postures and caution is warranted on both sides.  Use the sectors above as guides for how the indexes will move today. 

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 =
3/24/11; 10:55 AM EST = +44
3/24/11; 10:54 AM EST = +30
3/24/11; 10:46 AM EST = +14; signal line is +12
3/24/11; 10:30 AM EST = +30
3/24/11; 10:10 AM EST = +14; signal line is +11; go long 1299; (Benchmark SPX for 2011=+3.3%)(Keybot this trade=+1.1%; Keybot for 2011=+2.4%)(Actual this trade via SDS=+1.6%; Actual for 2011=+2.0%)
3/23/11; 9:30 AM EST = +14; signal line is +12 but algorithm says stay short
 

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