Friday, June 12, 2015


Keybot the Quant remains long but is champing at the bit to go short with the algo number under the signal line. The internal programming rules have not all latched so the move to the short side is not yet permitted. Weakness in commodities and semiconductors creates today's market downside. If the SPX drops under 2093, less than one point away, and remains under for several minutes, Keybot will likely flip short. If the VIX pops above 14.28, then Keybot will likely automatically flip short. If the SOX moves above 715.08, now at 714.42 in the bear camp, then the bulls will recover and stocks will float higher. The bulls are driving the bus but the bears also have their hands on the wheel trying to wrestle back control. The drama continues.

Pay attention to UTIL 570.03 which is a key bull-bear line in the sand for all of next week. Thus, at 4 PM today, this will give you a heads up for next week. If UTIL closes above 570 the bulls are in great shape to begin Monday trading. If UTIL remains under 570, the bears receive a feather in their caps. Pay attention to GTX 3232 since bulls will rally stocks if this level is taken out to the upside.

6/14/15; 7:00 PM EST =
6/12/15; 10:40 AM EST = +1; signal line is +7 but algorithm remains long
6/12/15; 10:00 AM EST = +14; signal line is +8
6/12/15; 9:36 AM EST = +14; signal line is +8
6/10/15; 9:47 AM EST = +28; signal line is +9; go long 2094; (Benchmark SPX for 2015 = +1.7%)(Keybot algo this trade = +1.2%; Keybot algo for 2015 = +0.1%)(Actual results this trade = +2.2%; Actual results for 2015 = -1.3%)

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