Keybot the Quant flips ot the long side after Monday's opening bell at SPX 2425. Higher utilities, copper and chips and lower volatility drive the stock market higher. As always, watch out for a potential whipsaw move back to the short side. For now, the bulls are in full control with the algo number 22 points above the signal line.
Market bears need UTIL under 697.28, JJC under 29.78 or VIX above 11.57 to prevent the stock market from moving higher. If one parameter flips bearish consider the caution flag out. If 2 of the 3 parameters turn bearish consider the imminent turn to be in play. The algo likely wants to see 2 of the 3 turn bearish before flipping the model short. Bears also benefit from lower semiconductors. Bulls benefit from higher retail stocks and commodities.
For the SPX starting Tuesday at 2427, price will accelerate higher if 2432 is hit. The bears will accelerate the downside if 2422 prints. A move through 2423-2431 is sideways action for Tuesday.
On the last trade, the Keybot computer model gains +0.7% now up +2.2% on the year. The actual trading by the algorithm gains +1.3% and is now positive on the year up +0.7%. It took over one-half year but the algo finally provides a positive return on the year. The benchmark SPX is up +8.3% on the year. Keybot exited SDS and entered SSO.
7/16/17;
7:00 PM EST =
7/14/17;
10:00 AM EST =
7/10/17;
9:36 AM EST = +70; signal line is +48; go long 2425; (Benchmark SPX for
2017 = +8.3%)(Keybot algo this trade = +0.7%; Keybot algo for 2017 = +2.2%)(Actual
results this trade = +1.3%; Actual results for 2017 = +0.7%)
7/9/17;
7:00 PM EST = +54; signal line is +48 but algorithm remains short
7/7/17;
3:51 PM EST = +54; signal line is +48 but algorithm remains short
7/7/17;
2:24 PM EST = +38; signal line is +49
7/7/17;
1:04 PM EST = +54; signal line is +49 but algorithm remains short
7/7/17;
12:58 PM EST = +38; signal line is +49
7/7/17;
12:52 PM EST = +24; signal line is +50
7/7/17;
12:46 PM EST = +40; signal line is +53
7/7/17;
12:20 PM EST = +54; signal line is +54 but algorithm remains short
7/7/17;
12:00 PM EST = +38; signal line is +54
7/7/17;
11:44 AM EST = +54; signal line is +55
7/7/17;
11:42 AM EST = +38; signal line is +55
7/7/17;
9:00 AM EST = +24; signal line is +55
7/6/17;
9:36 AM EST = +24; signal line is +57
7/5/17;
10:57 AM EST = +38; signal line is +58
7/5/17;
9:51 AM EST = +24; signal line is +59
7/3/17;
11:31 AM EST = +38; signal line is +60
7/2/17;
7:00 PM EST EOM EOQ2 EOH1 = +54; signal line is +61
6/30/17;
10:00 AM EST = +54; signal line is +62
6/29/17;
3:43 PM EST = +54; signal line is +63
6/29/17;
12:00 PM EST = +40; signal line is +64
6/29/17;
9:47 AM EST = +54; signal line is +65
6/28/17;
10:42 AM EST = +70; signal line is +66 but algorithm remains short
6/27/17;
3:02 PM EST = +54; signal line is +66
6/27/17;
2:33 PM EST = +70; signal line is +67 but algorithm remains short
6/27/17;
1:50 PM EST = +54; signal line is +68
6/27/17;
10:00 AM EST = +70; signal line is +68 but algorithm remains short
6/25/17;
7:00 PM EST = +70; signal line is +68 but algorithm remains short
6/21/17;
2:41 PM EST = +70; signal line is +68 but algorithm remains short
6/21/17;
2:03 PM EST = +54; signal line is +67
6/21/17;
9:41 AM EST = +70; signal line is +68 but algorithm remains short
6/20/17; 12:28 PM EST = +54; signal line is +67; go short 2442;
(Benchmark SPX for 2017 = +9.1%)(Keybot algo this trade = +2.2%; Keybot algo
for 2017 = +1.5%)(Actual results this trade = +4.6%; Actual results for 2017 =
-0.6%)
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