Saturday, November 21, 2020

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The quant is sleepy last week only printing the pre-scheduled number on Wednesday morning. The stock market is in suspended animation. If stocks begin selling off, it will likely occur with higher volatility (VIX) and weaker retail stocks (think AMZN, HD, LOW, WMT, TGT, COST, JD, DG, CVS, etc.) leading the way down. For now, the bulls are happy with the algo number 35 points above the signal line.

11/22/20; 7:00 PM EST =
11/18/20; 9:00 AM EST = +73; signal line is +38

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