Saturday, May 21, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side after Friday's opening bell at SPX 2054. Semiconductors catapulted higher so you knew the fix was in for the bulls. The choppy sideways behavior continues. Next week will start out with retail stocks, financials and semiconductors key. As always, remain alert for a potential whipsaw move back to the short side early next week. Bulls will need higher retail stocks to send the stock market higher. Bears need weaker chips and financials.

On the last trade, the algorithm program is dead flat entering and exiting at SPX 2053-2054. For the actual trading dictated by the program, Keybot exited SDS and entered SSO remaining in the 2x ETF's. The actual trading takes a -1% loss for the last trade. The SPX benchmark index is up one-half percent this year. Keybot's acrtual return remains robust thus far this year up +12% in 4-1/2 months. A look at next week's key parameters and levels can be determined after tomorrow's pre-scheduled Sunday print occurs.

5/22/16; 7:00 PM EST =
5/20/16; 9:52 AM EST = +63; signal line is +57; go long 2054; (Benchmark SPX for 2016 = +0.5%)(Keybot algo this trade = -0.0%; Keybot algo for 2016 = +6.9%)(Actual results this trade = -0.9%; Actual results for 2016 = +12.3%)
5/20/16; 9:36 AM EST = +63; signal line is +57 but algorithm remains short
5/19/16; 9:52 AM EST = +47; signal line is +57
5/19/16; 9:44 AM EST = +63; signal line is +58 but algorithm remains short
5/19/16; 9:36 AM EST = +47; signal line is +58
5/18/16; 3:59 PM EST = +63; signal line is +60 but algorithm remains short
5/18/16; 3:18 PM EST = +47; signal line is +61
5/18/16; 3:07 PM EST = +63; signal line is +62 but algorithm remains short
5/18/16; 2:32 PM EST = +47; signal line is +63
5/18/16; 10:16 AM EST = +63; signal line is +65
5/17/16; 9:49 AM EST = +47; signal line is +66
5/17/16; 9:00 AM EST = +63; signal line is +67
5/16/16; 1:03 PM EST = +63; signal line is +67
5/15/16; 7:00 PM EST = +47; signal line is +68
5/13/16; 10:00 AM EST = +47; signal line is +69
5/12/16; 3:02 PM EST = +44; signal line is +70
5/12/16; 2:52 PM EST = +60; signal line is +72
5/11/16; 2:49 PM EST = +44; signal line is +72
5/11/16; 12:00 PM EST = +60; signal line is +73
5/11/16; 11:42 AM EST = +44; signal line is +74
5/8/16; 7:00 PM EST = +60; signal line is +74
5/6/16; 2:04 PM EST = +60; signal line is +74
5/6/16; 9:36 AM EST = +44; signal line is +73
5/6/16; 9:00 AM EST = +60; signal line is +73
5/4/16; 9:36 AM EST = +60; signal line is +72; go short 2053; (Benchmark SPX for 2016 = +0.4%)(Keybot algo this trade = -0.2%; Keybot algo for 2016 = +6.9%)(Actual results this trade = +0.4%; Actual results for 2016 = +13.2%)

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