Sunday, May 21, 2017


Keybot the Quant remains bearish which is surprising considering the market joy late last week. To prove that up is the direction for the stock market one of these four things need to happen; either GTX above 2290 (now only 1 point away at 2289), VIX above 11.77 (now at 12.04), JJC above 29.51 (now at 29.33) or XLF above 23.59 (now at 23.35). Commodities are important along with volatility, copper and financials, respectively.

If either JJC moves above 29.51 and/or XLF above 23.59, either one would do, and the SPX moves above 2389, Keybot will likely flip long hence the imminent turn notation in the title line. if either commodities or volatility turn bullish, this may not be enough to cause the algo to go long unless both turn bullish.

Market bears will benefit from weaker retail stocks and the equity market will collapse if RTH loses 80.33 (now at 81.94). Keybot prints one pre-scheduled number this week on Friday morning. The beat goes on.

5/28/17; 7:00 PM EST =
5/26/17; 10:00 AM EST =
5/21/17; 7:00 PM EST = +40; signal line is +55
5/17/17; 9:57 AM EST = +40; signal line is +56; go short 2376; (Benchmark SPX for 2017 = +6.1%)(Keybot algo this trade = +0.0%; Keybot algo for 2017 = -0.1%)(Actual results this trade = +0.2%; Actual results for 2017 = -4.3%)

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