Friday, October 7, 2011


Keybot the Quant remains long as the pre-scheduled number prints for this morning. Utes and retail pushed the markets higher over the last three days. UTIL is at 430 now six points above the critical 424 for today so that should hold for now.  RTH is now at 104.59, above its critical level of 103.75. Market bulls will remain happy if this holds, if RTH loses 103.75, the markets will be weakening. The jobs report data was well received by the futures markets over the last few minutes, thus a strong green start appears on tap for the indexes.

For the market bulls to show they have further game, they now need cooperation by the semiconductors. Watch the socks, SOX, now at 355.17. If the market launch this morning puts the SOX above 359.50, then the market bulls got game. If the markets pop at the open but the SOX cannot achieve 359.50, then the market pop would be suspect and the upside would be limited.

10/31/11; 7:00 PM EST EOM =
10/30/11; 7:00 PM EST =
10/28/11; 10:00 AM EST =
10/25/11; 10:00 AM EST =
10/23/11; 7:00 PM EST =
10/19/11; 9:00 AM EST =
10/16/11; 7:00 PM EST =
10/14/11; 10:00 AM EST =
10/9/11; 7:00 PM EST =
10/7/11; 9:00 AM EST = -40; signal line is -52
10/6/11; 10:21 AM EST = -40; signal line is -53; go long 1146; (Benchmark SPX for 2011=-8.9%)(Keybot this trade=+0.0%; Keybot for 2011=+23.9%)(Actual this trade via DOG=+0.3%; Actual for 2011=+35.5%)

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