Wednesday, May 8, 2013

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the algo prints another number today. Copper retreats from the earlier highs with JJC dropping under 41.93 helping the bears, however, it is not reflected in the SPX with another new all-time high printing at 1630.34. Bears need VIX 13.75. Bulls are fine with VIX under 13.75.

5/12/13; 7:00 PM EST =
5/8/13; 11:04 AM EST = +46; signal line is +33
5/8/13; 9:32 AM EST = +62; signal line is +32

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