Thursday, February 7, 2013


Keybot the Quant remains long.  It took four days for the algo to print numbers this week.  The utilities moved into the bull camp but quickly retreated back to the bears and now drops lower with UTIL printing 472.72. The signal line is ratcheting higher and causing the caution flag to return. If UTIL drops under 467.67, or, if VIX moves above 16, Keybot will likely flip short. The SPX dropped under 1505 highlighted last evening so the LOD at 1499.65 came quickly.  Watch the utes.

2/10/13; 7:00 PM EST =
2/7/13; 10:10 AM EST = +63; signal line is +47
2/7/13; 9:36 AM EST = +79; signal line is +46
2/3/13; 7:00 PM EST = +63; signal line is +44


  1. tap tap this thing working? tap...tap...tap.

    1. Bobby, tap tap is for rookies, you have to say 'check, check, 1, 2, 3, check'. But yes, the algo is simply idling along since the end of last year, the bulls keep driving the bus. Perhaps today there will be some excitement. Utes remain important.

  2. Is the UTIl based on the closing number or intraday?

  3. Chris, the real-time numbers for UTIL. You can monitor $UTIL on during the session. The 475.49 is important only until 4 PM EST today, Friday, 2/8/13. The number for next week is 469.78 so it gets easier for the bulls next week. The 469.78 will be in play for every day next week. The bears need to push the markets lower today, and move UTIL under 470, if UTIL remains above 470 at the close, this will hint that the bulls will be in good shape for next week. So UTIL 470 will tell you a lot at the closing bell.


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