STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long; pre-scheduled number clicked off without any change; algorithm is scanning financials with great interest, XLF sits directly on the bull-bear line, whichever way it goes from 16.33, the broad markets will follow.  Doctor Copper is very ill, stay on guard, markets remain unstable.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST = +60

4/28/11; 10:45 AM EST = +60

4/26/11; 10:00 AM EST = +44; signal line is +40

4/25/11; 9:30 AM EST = +44

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot remains long. Financials jumped into the bull camp after the open this morning, bolstering the bullish case for markets.  All major sectors are bullish now except for copper that remains negative.

The algorithm is sensing high drama, however, since the XLF sits directly on the bull-bear line right now and a gentle wind would be all that is needed to blow it from one camp to the other.  At this time, financials are now happy and this is creating the underlying positive vibe in the markets currently.  If XLF falls under 16.33, then financials will want to go bearish again.  Now at 16.33. Volatility is remarkable, now back under 15, CPC put/call at 0.77, there is no fear in the markets, typically a contrarian indicator.

Markets remain unstable, caution is warranted. Watch XLF for overall market direction today using 16.33 as the bull-bear line.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/28/11; 10:45 AM EST = +60

4/26/11; 10:00 AM EST = +44; signal line is +40

4/25/11; 9:30 AM EST = +44

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long.  Very surprising that the algorithm did not click off any numbers yesterday considering the Fed drama.  The overall posture of the market has not changed from pre-FOMC to post-FOMC; all major sectors remain bullish except for financials and copper that remain bearish.

The quandry continues in that the broad markets will be limited on the upside unless financials jump to the bullish side.  Use XLF as a guide and a 16.32 number.  If XLF moves above 16.32, the broad markets will have more upside ahead.  But, if the XLF remains under 16.32, and copper remains weak, nothing has changed, markets will drift.  Keybot continues to focus on copper, financials, utilities, retail and volatility.

Stay on guard, markets remain unstable. The XLF relation to 16.32 after the open will tell the most about broad market direction today. Pre-market print now streaming along at 16.26 which is six pennies below the critical bull-bear line.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST = +44; signal line is +40

4/25/11; 9:30 AM EST = +44

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long to start the FOMC Superbowl today; rate decision at 12:30 PM EST, no change is expected, and the much-awaited Q&A session by chairman Bernanke at 2:30 PM. All major sectors are bullish except for copper and financials.  The algorithm is most focused on these two as well as retail and volatility.

SPX finally filled the 1340 gap that has remained open for two months.  More than likely, markets should idle in front of the press conference, a move up that touches 1350, however, will immediately jump the SPX a few more handles higher.  Market bears need to see the 1337 lost to accelerate any move lower.

The big deal today is any statement on the dollar or quantitative easing by Chairman Bernanke that will immediately impact markets, one way or the other; dollar up=commodities and equities down, and, visa versa, dollar down=commodities and equities up.  The upside appears limited but the downside is not.  We will see what numbers Keybot clicks off, if any, today.  An active day is expected for the algorithm but no one knows until it plays out.  Markets remain unstable, caution is warranted.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST = +44; signal line is +40

4/25/11; 9:30 AM EST = +44

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot remains long after the pre-scheduled number clicked off with no changes.  The algorithm number only sits four points above the signal line, however, not exactly a ringing endorsement of bullish strength.

All major sectors are bullish except for copper and financials.  SPX price has finally came up to fill that February gap at 1340.  1343 was the previous high close and 1344 was the previous HOD so the importance of these numbers are obvious. The algorithm is more interested in retail currently, watch RTH for hints of overall broad market direction.

Stay on guard, markets remain unstable.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST = +44; signal line is +40

4/25/11; 9:30 AM EST = +44

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant starts the week off with an opening bell print that is lower, but the algorithm remains on the bullish side for now.  Copper decided to flip back to the bear side at the open, so now copper and financials remain the Gloomy Gus's with all other major sectors happy and buoyant.

Stay on guard, caution is warranted, markets are unstable.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/25/11; 9:30 AM EST = +44; signal line is +40

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant starts the new week on the long side.  All major sectors are in the bullish camp except financials.  Copper turned bullish late last week.  Thus, the algorithm has been watcing these two sectors closely since they are key to current broad market direction.

This week is a crapshoot since Chairman Bernnake will have to address the dollar strength versus weakness question on Wednesday afternoon.  The markets will jump in the appropriate direction, up if he continues with his dovish stance, stating the continuation of QE2 until the very end in June, or even hints of QE2.5 or QE3, any of these statements by the Chairman will send the dollar down and stocks soaring.

If, however, the Chairman back pedals, even a tiny bit, from his dovish stance, and says the cliche about a strong dollar policy, or hints that QE2 will end a couple weeks sooner, or that the billions in POMO pumps will be trimmed back, or no QE3, any of this verbage and the dollar will jump big and commodities and equities markets will sell off.  So Keybot is at the mercy of Bernanke this week and will respond quickly once the Chairman speaks.

For tomorrow, since the SPX closed only a few pennies from the HOD Thursday, any positive futures situation will result in a continued gain of a few spoo handles.  That tiny gap at SPX 1340 remains open and needs filled and tests would be in order for the 2/18/11 close at 1343 and the HOD at 1344.

If the bears push the SPX under 1333 at the open (the futures would need to be down 3 or 4 handles), then the markets will give back some points in the indexes, the SPX will move lower to test 1331, 1328 and 1325. The algorithm has a wild ride ahead this week.

Keybot will kick out two pre-scheduled numbers this week; one on Tuesday morning and one on Friday morning. Considering the potential wild volatility ahead this week, and the current unstable markets, the algorithm may be clicking off many numbers during trading hours this week, so stay tuned.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST = +60

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long.  The algorithm is focused on copper and financials and copper joined the bullish camp after this morning's open.  The financial sector is the only negative sector currently.  SPX is getting closer to filling that tiny 1340 gap that was left behind in February.  Momentum remains with the bulls going into the long weekend. Stay on guard since markets remain unstable.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/21/11; 9:35 AM EST = +60

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

SPX with Keybot the Quant Signal Lines thru 4/20/11

Keybot the Quant flipped to the long side at the open today at SPX 1324. This low volatility, low volume behavior, that drives the stat arb algorithm's crazy, continues along. Resolution and a firm trend will surface at some point. Stay on guard for a whipsaw. Markets remain unstable. Do not invest based on anything you read or view here. The charts and information, as well as any links, are for educational and entertainment purposes only.

STOCK MARKET BULLISH -- LONG

Keybot flipped to the long side at the open; the SPX jumping 1.3% in the first few minutes. The algorithm triggered off the strength in technology, the INTC earnings last night has everyone bullish today.  The semi's are up over 3% today and the recent bearish posture is a memory now.

Other major sectors that Keybot is scanning currently show that utilities have jumped towards March high numbers.  Utes, semi's, retail, commodities ex copper and low volatility are the main drivers of the bullish jump.  The bearish side is represented by the weak financials and copper.  Keybot is assigning a high priority to copper movement now and it will have a major impact on whether the rally continues or fizzles.

The SPX is up over 5% on the year now.  With this jump today, a move towards filling that February SPX 1340 gap, and a test of the previous 1343 top, is now back in play.  Keybot the Quant remains up 1% on the year but the actual trading results are now down 2% as a result of this opening gap up. The algorithm has now dropped into the one-for-one index ETF's mode due to the sideways behavior for the indexes this year.

Caution is warranted moving forward and a whipsaw back down for the indexes would not be surprising.  Use copper as a key guide over the next couple days. 

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/20/11; 9:30 AM EST = +44; signal line is +42; go long 1324; (Benchmark SPX for 2011=+5.3%)(Keybot this trade=-0.7%; Keybot for 2011=+1.0%)(Actual this trade via DXD=-1.9%; Actual for 2011=-2.0%)

4/19/11; 9:00 AM EST = +28

4/18/11; 1:45 PM EST = +28; signal line is +43

4/18/11; 12:21 PM EST = +14

4/18/11; 12:08 PM EST = +28; signal line is +44

4/18/11; 9:30 AM EST = +14

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short to start the Tuesday session.  The pre-scheduled number had no impact on the algorithm.  Keybot continues to scan several major sectors with interest, none of which want to jump ship from bull to bear or bear to bull.  The algorithm focused on volatility yesterday so time will tell if that behavior continues today.

The SPX may be rangebound today, starting at 1305, bracketed by yesterday's LOD and HOD, for a range of 1295 to 1313.  A break out of either side of this range will experience an acceleration in that particular direction, otherwise, the indexes continue sideways. 

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST = +28

4/18/11; 1:45 PM EST = +28; signal line is +43

4/18/11; 12:21 PM EST = +14

4/18/11; 12:08 PM EST = +28; signal line is +44

4/18/11; 9:30 AM EST = +14

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot remains short.  Despite the pull back earlier in the day, the only area of interest to the algorithm during this session was volatility.  Utilities buoyancy, SPX:VIX ratio and other factors prohibited the markets from experiencing extended selling, at least for now.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/18/11; 1:45 PM EST = +28; signal line is +43

4/18/11; 12:21 PM EST = +14

4/18/11; 12:08 PM EST = +28; signal line is +44

4/18/11; 9:30 AM EST = +14

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. Volatility continues oscillating between the algorithm's bullish and bearish line in the sand.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/18/11; 12:21 PM EST = +14

4/18/11; 12:08 PM EST = +28; signal line is +44

4/18/11; 9:30 AM EST = +14

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot remains short.  Major sectors such as utilities, commodites ex copper and retail continue to remain stubbornly bullish while semi's, financials and copper remain stubbornly bearish.  Volatility is the indecisive area that the algorithm is keying in on today.  The VIX jumped at the open but is now trying to settle down and level off as the session moves along.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/18/11; 12:08 PM EST = +28; signal line is +44

4/18/11; 9:30 AM EST = +14

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot remains short. Volatility takes a big jump upwards joining the bear camp.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/18/11; 9:30 AM EST = +14

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short to start the new week.  Friday buoyancy in the indexes did nothing to change the bullish or bearish position of key sectors.  Defensive sectors such as consumer staples and healthcare bounced.  Utilities, retail, commodities ex copper and volatility remain in the bull camp while semi's, financials and copper remain bearish.  None of the sectors want to change their posture so the indexes moved in a sideways funk as last week progressed. This week is a big tech earnings week so watch the semi's and XLK react.

The VIX is testing levels from July 2007; three months before the top in the indexes in October 2007.  The VIX 15.0-15.5 area corresponds to the October 2007 high, Summer 2008 high, April 2010 high, February 2011 high and now, perhaps, the April-May 2011 high in the indexes.  If VIX should venture under 15, the 14 handle was touched last Friday, then the market bulls will be in firm control as complacency would reign thru summer.  Considering the instability currently in the markets, this outcome is less likely than the VIX actually spiking back up in concert with the indexes selling off.

With the holiday shortened week ahead, volume should be light, and considering the POMO pumps, the bulls would have an advantage.  Dicey trading should be expected over the next three weeks.  Watch UTIL 408 level; below and the indexes will be selling off, above and the markets will remain buoyant.

If the SPX hits 1323 and moves slightly above after the open, the buying should again accelerate to the upside.  If SPX dips under a 1315 handle, which was key support last week, and then moves down to print a 1313 handle, then the selling will increase for the downside.

Keybot triggers a pre-scheduled number on Tuesday morning.

5/8/11; 7:00 PM EST =

5/7/11; 9:00 AM EST =

5/1/11; 7:00 PM EST; EOM (April) =

4/29/11; 10:00 AM EST =

4/26/11; 10:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/17/11; 7:00 PM EST = +28

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot remains short after the pre-scheduled number.  The standoff continues.  To highlight some key sectors that the algorithm is currently scanning; utilities, retail, commodities and volatility are bullish while semi's, copper and financials are bearish.  The VIX hit a 14 handle minutes ago, which is obscenely complacent.  There is no fear in these markets whatsoever, traders expect the indexes to continue up with no worries which typically is a contrarian indicator.

SPX hit 1317 so the bulls are taking the index a few ticks higher.  Keybot continues scanning.  Stay on guard.  Markets are unstable.

5/1/11; 7:00 PM EST; EOM =

4/29/11; 10:00 AM EST =

4/26/11; 9:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/17/11; 7:00 PM EST =

4/15/11; 10:00 AM EST = +28

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. Despite the big drop in the indexes this morning, the algorithm idled along and did not click off any numbers today.  Keybot clicks off a pre-sheduled number tomorrow at 10 AM.

Keybot's scans continue to focus on the standoff between bullish utilities, retail, commodities and volatility versus bearish semi's, copper and financials. Interestingly, the SPX sits at 1315 exactly where the algorithm flipped short on Tuesday.  Watch the behavior of the sectors mentioned for hints on market direction.

Also, if the SPX hits a 1317 handle the market bulls will accelerate the buying and Keybot may move to the long side.  If the SPX touches a 1302 handle then the bears will accelerate the selling.  Obviously, the bulls are in a better position to wrestle back control of the markets going into tomorrow but several economic data points and China overnight may affect the outcome.  Stay on guard.  Markets remain unstable.

5/1/11; 7:00 PM EST; EOM =

4/29/11; 10:00 AM EST =

4/26/11; 9:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/17/11; 7:00 PM EST =

4/15/11; 10:00 AM EST =

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long

STOCK MARKET BEARISH -- SHORT

Keybot remains short.  Financials jumped at the open and then petered out.  Copper is weak which is helping to keep the up move in the indexes in check.

5/1/11; 7:00 PM EST; EOM =

4/29/11; 10:00 AM EST =

4/26/11; 9:00 AM EST =

4/24/11; 7:00 PM EST =

4/19/11; 9:00 AM EST =

4/17/11; 7:00 PM EST =

4/15/11; 10:00 AM EST =

4/13/11; 9:42 AM EST = +28

4/13/11; 9:30 AM EST = +44; signal line is +46

4/12/11; 3:18 PM EST = +28

4/12/11; 2:06 PM EST = +44; signal line is +47

4/12/11; 11:49 AM EST = +28

4/12/11; 10:44 AM EST = +14

4/12/11; 10:26 AM EST = +30

4/12/11; 10:19 AM EST = +14

4/12/11; 10:06 AM EST = +28; signal line is +49

4/12/11; 9:56 AM EST = +44; signal line is +48; go short 1315; (Benchmark SPX for 2011=+4.5%)(Keybot this trade=-0.5%; Keybot for 2011=+1.7%)(Actual this trade via SSO=-1.4%; Actual for 2011=-0.1%)

4/12/11; 9:35 AM EST = +44; signal line is +47 but algorithm says stay long