Thursday, September 17, 2015


Keybot the Quant is on the long side but markets are a coin flip ahead of the Fed rate decision about 90 minutes away. The pre-scheduled number for this week prints this morning and the algo also prints another number about one-half hour after the opening bell when UTIL moved above 563. Watch 563 closely. Price is at 563.25 and leaking lower so a move under 563 will usher in stock market negativity.

The fate of the markets are in the hands of Fed Chair Yellen. Markets will react at 2 PM EST then also in the 2:30 PM to 3 PM time frame in the meat of her press conference Q&A where she provides details for the path ahead. The algo number is 30 points above the signal line keeping the bulls in control but all bets are off until Yellen tells the markets how to trade.

9/20/15; 7:00 PM EST =
9/17/15; 10:08 AM EST = -10; signal line is -40
9/17/15; 9:00 AM EST = -26; signal line is -40
9/16/15; 3:23 PM EST = -26; signal line is -39; go long 1995; (Benchmark SPX for 2015 = -3.1%)(Keybot algo this trade = +3.9%; Keybot algo for 2015 = +5.6%)(Actual results this trade = +3.1%; Actual results for 2015 = +4.8%)

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