Saturday, February 16, 2013


Keybot the Quant is long through the holiday weekend. Markets are closed on Monday in Observance of President's  Day. The algo idled along in the Friday session without printing any numbers after the pre-scheduled number. The utilities sector remains important but only one number next week, the UTIL 50-week MA at 468.08. Retail, volatility, copper and commodities all are receiving attention by the quant as well. The dollar direction will be very important next week since a stronger dollar means a weaker euro and weaker copper and commodities (bear-friendly), or, a weaker dollar will mean a stronger euro and stronger copper and commodities (bull-friendly). The sectors and levels of interest for the shorter trading week next week can be identified once the Sunday number prints tomorrow. The bulls continue to drive the bus but the +79 number tells you a trend change to the downside can occur at anytime, any day forward.

2/17/13; 7:00 PM EST =
2/15/13; 10:00 AM EST = +79; signal line is +53
2/14/13; 1:17 PM EST = +79; signal line is +51

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