Tuesday, May 3, 2011

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. Flighty financials jumped back to the bull side, running up over a half percent in only ten minutes time. Copper remains the only bearish sector. The algorithm shows a dicey situation now forming in semi's.  If SOX loses a couple more points, that will create negativity in the broad markets.

Surprising to not see more of a push down since the SPX hit a 1355 handle.  SPX is a long ways away from any bullish fun at 1371 and above.  Thus, market bears are favored for now.  Watch XLF, now at 16.38, it must stay above 16.34 or the broad markets will sell off.

6/5/11; 7:00 PM EST =
6/3/11; 9:00 AM EST =
5/31/11; 7:00 PM EST EOM =
5/31/11; 10:00 AM EST =
5/29/11; 7:00 PM EST =
5/27/11; 10:00 AM EST =
5/22/11; 7:00 PM EST =
5/17/11; 9:00 AM EST =
5/15/11; 7:00 PM EST =
5/13/11; 10:00 AM EST =
5/8/11; 7:00 PM EST =
5/6/11; 9:00 AM EST =
5/3/11; 9:54 AM EST = +60
5/2/11; 12:21 PM EST = +44; signal line is +38
5/1/11; 7:00 PM EST; EOM (April) = +60
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

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