Saturday, April 7, 2018

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips back to the short side during the Friday selloff. You saw the NYA lose the critical 12437 level so you knew stocks were in trouble and falling down the rabbit hole. Stocks may go into a crash if SPX 2581 is lost. Before that, the commodities would likely fail first so watch GTX 2550. Bulls must move NYA above 12437 as quick as possible, otherwise, the stock market will deteriorate. Thus, GTX 2550, SPX 2581 and NYA 12437 dictate stock market direction forward.

On the last trade, a whipsaw occurs so Keybot drops into single ETF mode for at least the next 35 days. Single ETF's reduce risk as compared to 2x ETF's. Sideways whipsaw markets chew up both bulls and bears. The algo loses a half percent on the last trade and the actual trading loss is -1%. The benchmark S&P 500 is down nearly -2% this year. The Keybot algo computer program is up almost +5% and the actual trading is up +10%. It has been an odd year thus far. The beat goes on.

4/8/18; 7:00 PM EST =
4/6/18; 1:44 PM EST = -24; signal line is -19
4/6/18; 12:43 PM EST = -10; signal line is -18 but algorithm remains short
4/6/18; 12:25 PM EST = -24; signal line is -18; go short 2625; (Benchmark SPX for 2018 = -1.8%)(Keybot algo this trade = -0.5%; Keybot algo for 2018 = +4.6%)(Actual results this trade = -1.0%; Actual results for 2018 = +9.9%)
4/6/18; 9:00 AM EST = -10; signal line is -18
4/4/18; 3:27 PM EST = -10; signal line is -18
4/4/18; 3:20 PM EST = -24; signal line is -18 but algorithm remains long
4/4/18; 3:09 PM EST = -10; signal line is -18; go long 2638; (Benchmark SPX for 2018 = -1.4%)(Keybot algo this trade = +3.4%; Keybot algo for 2018 = +5.1%)(Actual results this trade = +6.0%; Actual results for 2018 = +10.9%)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.