Tuesday, February 21, 2012


Keybot the Quant is long and coming to life this week printing another number a couple hours ago.  Note the roll over in the utilities sector and this is dragging the markets down.  The market bulls got nothing unless they can move UTIL above 452.91 and now it sits a point under.  Copper, JJC, however, continues to hold up well, thus, the weaker dollar keeps JJC and CRB elevated and thus prevents the markets from making any headway to the downside.

The algo number is now only three points away from the signal line so Keybot is coming close to switching to the short side.  Most sectors, however, remain elevated and supportive of the bulls. The market bears need to see a stronger dollar that will slap copper and commodities lower and cause the broad markets to roll over.  Otherwise, the quant idles along on the long side for now. Caution is warranted.

2/26/12; 7:00 PM EST =
2/24/12; 10:00 AM EST =
2/21/12; 1:18 PM EST = +60; signal line is +57
2/21/12; 10:42 AM EST = +76; signal line is +57
2/21/12; 9:48 AM EST = +60; signal line is +55
2/19/12; 7:00 PM EST = +76; signal line is +55
2/16/12; 1:10 PM EST = +76; signal line is +54; go long 1356; (Benchmark SPX for 2012  = +7.8%)(Keybot this trade = -1.0%; Keybot for 2012 = +5.7%)(Actual this trade = -2.0%; Actual for 2012 = +8.2%)

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