Sunday, December 30, 2012


Keybot the Quant remains short heading into the Monday session, the last trading day of 2012 and the last trading day until Wednesday morning. The algo is most interested in the semiconductors, SOX 377.15, and also copper and financials, JJC 45.36 and XLF 15.85, respectively.  SOX and JJC are contributing negatively to markets while the XLF is contributing bullishly.  Any change to these three parameters will move the markets in that respective direction. RTH 43.65 is also important.

For the SPX starting at 1402, the bulls need to come with some fire power, to punch up thru 1418 to launch an upside acceleration. This will probably only occur if the fiscal cliff resolution is a very positive event this evening and overnight into tomorrow. The bears only need to see a smidge of red in the futures to create a downside acceleration. This will occur if the fiscal cliff talks hit a snag or if a weak package is delivered this evening. A move thru 1403-1417 is sideways action. Keybot the Quant program has to be closed out for 2012 after trading ends tomorrow and then the new 2013 trading year begins on Wednesday. Two pre-scheduled numbers print this week. Markets are closed on Tuesday, 1/1/13, for the New Year's Day holiday.

1/6/13; 7:00 PM EST =
1/4/13; 9:00 AM EST =
12/31/12; 7:00 PM EST EOM EOQ4 EOH2 EOY2012 =
12/30/12; 7:00 PM EST = -31; signal line is -2
12/28/12; 3:59 PM EST = -31; signal line is +0

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