Monday, February 3, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips back to the short side this morning at SPX 1768. Equities take a strong leg lower as semiconductors and utilities weaken. Bulls need UTIL 506.57 and/or SOX 523.89 to stop the market selling and stabilize the indexes. Bears need NYA under 9750 and another market down leg will occur. Use these three parameters as a guide forward. Keybot cycled out of DDM and entered SDS. The algo program is dead flat on the year so far and the actual trading is down -1% after losing -3% on the last trade. The benchmark SPX is off over -4%. Watch utilities, semi's and the NYA (NYSE Composite). Markets remain erratic and unstable.

2/9/14; 7:00 PM EST =
2/7/14; 9:00 AM EST = 
2/3/14; 11:49 AM EST = -30; signal line is -1
2/3/14; 10:48 AM EST = -14; signal line is +1
2/3/14; 10:16 AM EST = +2; signal line is +3; go short 1768; (Benchmark SPX for 2014 = -4.3%)(Keybot this trade = -1.3%; Keybot for 2014 = +0%)(Actual this trade = -3.2%; Actual for 2014 = -1.2%)
2/2/14; 7:00 PM EST EOM = +2; signal line is +5 but algorithm remains long
1/31/14; 10:00 AM EST = +2; signal line is +6 but algorithm remains long
1/31/14; 9:36 AM EST = +2; signal line is +8 but algorithm remains long
1/30/14; 11:23 AM EST = +16; signal line is +10; go long 1791; (Benchmark SPX for 2014 = -3.1%)(Keybot this trade = +2.0%; Keybot for 2014 = +1.3%)(Actual this trade = +3.7%; Actual for 2014 = +2.0%)

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