Tuesday, December 27, 2011


Keybot the Quant remains long. SOX provides the drama as expected.  SOX collapsed from the algo's key 368.60 level at the open ushering in broad market weakness. Fifteen minutes after the open the bear party was over as the SOX went above 368.60 so the bulls threw confetti.  Broad markets will remain elevated today as long as the SOX remains above 368.60.  The SPX punched up and over the 50-week MA at 1267.81 so see if this can hold as support or if price simply falls back thru. Today is very simple, watch SOX 368.60.  SOX is now 369.17, bullish, thus the markets will remain buoyant.  Market bears have no hope unless the SOX prints sub 368.60.  If the bullishness continues and the semi's remain bullish, copper will be the next sector to monitor. The bulls are in control but it remains prudent to leave the caution flag out.

1/1/12; 7:00 PM EST EOM EOQ4 EOY2011 =
12/27/11; 10:00 AM EST = +6; signal line is -21
12/27/11; 9:47 AM EST = +6; signal line is -20
12/25/11; 7:00 PM EST = -10; signal line is -20
12/22/11; 10:00 AM EST = -10; signal line is -20
12/21/11; 2:36 PM EST = -10; signal line is -20
12/21/11; 9:35 AM EST = -26; signal line is -19 but algorithm says stay long
12/20/11; 2:49 PM EST = -10; signal line is -17; go long 1240; (Benchmark SPX for 2011=-1.4%)(Keybot this trade=-0.5%; Keybot for 2011=+31.2%)(Actual this trade via RWM=-1.5%; Actual for 2011=+35.5%)

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