Monday, July 2, 2012

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long as a very active day continues for the algorithm, printing seven numbers thus far. The semi's, copper and commodities, as mentioned this morning, all faded in the early going today.  Keybot is no longer tracking the CRB, consider that to be in the bear camp under 298 (remember, Keybot is constantly recalculating levels of interest in real-time). JJC dropped lower at the open, under 44.35, and remains in the bear camp ever since. Weaker copper is placing a ceiling on the market upside.  Of greatest interest to the quant currently are semi's which are driving the broad indexes. Very simply, markets will move lower if SOX is under 383.50 and markets will move higher if SOX is above 383.50. Focus on the semi's into the close.

7/8/12; 7:00 PM EST =
7/6/12; 9:00 AM EST =
7/2/12; 2:47 PM EST = +30; signal line is +17
7/2/12; 2:10 PM EST = +46; signal line is +15
7/2/12; 1:41 PM EST = +60; signal line is +13
7/2/12; 10:13 AM EST = +46; signal line is +12
7/2/12; 10:01 AM EST = +30; signal line is +10
7/2/12; 9:30 AM EST = +46; signal line is +9
7/2/12; 8:00 AM EST = +62; signal line is +7
7/1/12; 7:00 PM EST EOM EOQ2 EOH1 = +76; signal line +4

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