Wednesday, November 30, 2011

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long.  The algo was active today printing six numbers as bullish triggers were hit one after another.The financials and semiconductors joined the bull camp in the final hour and caused a massive bull orgy melt-up for the broad markets into the close. The bulls could do no wrong today, everything went the bull's way.  The bulls are now fueled by six sectors; utes, retail, volatility, copper, semi's and financials. Watch the commodities, CRB 322 level and SPX 1281 for further bull fuel. Otherwise, time will be required to digest such a huge bull move today. The algo is now 59 points above the signal line, uber bullish.

12/4/11; 7:00 PM EST =
12/2/11; 9:00 AM EST =
11/30/11; 7:00 PM EST EOM = +22; signal line is -37
11/30/11; 3:36 PM EST = +22; signal line is -40
11/30/11; 3:11 PM EST = +6; signal line is -42
11/30/11; 1:14 PM EST = -10; signal line is -44
11/30/11; 12:54 PM EST = +6; signal line is -44
11/30/11; 9:30 AM EST = -10; signal line is -45
11/29/11; 10:00 AM EST = -26; signal line is -45

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.