Tuesday, September 27, 2011


Keybot the Quant remains long kicking off two numbers this morning thus far.  The 10 AM number was pre-scheduled. The market bulls are in control today. Retail is riding strong and the semiconductors joined the bull party providing additional upthrust. Interestingly, however, the SPX:VIX ratio remains under 35, now at 32.56 last print, which dampens bullish spirits. Confirmation of a firm bull recovery rally will not occur until the ratio moves above 35.

The algo is currently tracking the RTH 104.30 level and last print shows 106.14, handily above favoring market bulls.  Keybot is also tracking the semi's, SOX, at the 365.50 level. SOX last print is 366.40 so the bulls are having a party currently.  Financial participation is needed for the bulls to continue the fun. The quant is now monitoring XLF 12.85. XLF last print is 12.53 so it has a lot of work to do to help boost the broad markets; financials continue to favor the market bears. The current strength in the markets is due to retail and semi's, so continue to watch the RTH and SOX levels above since they will tell you broad market direction today.

10/9/11; 7:00 PM EST =
10/7/11; 10:00 AM EST =
10/2/11; 7:00 PM EST EOM =
9/30/11; 10:00 AM EST =
9/27/11; 10:00 AM EST = -24
9/27/11; 9:51 AM EST = -24
9/26/11; 11:41 AM EST = -40; signal line is -50; go long 1148; (Benchmark SPX for 2011=-8.7%)(Keybot this trade=+0.2%; Keybot for 2011=+24.1%)(Actual this trade via SH=-1.3%; Actual for 2011=+34.1%)

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