Monday, September 19, 2011

STOCK MARKET BULLISH -- LONG

Keybot the Quant motors along on the long side today without printing any numbers. The three key sectors that caused the market buoyancy last week were the utilities, retail and semiconductors. Therefore, they are under close scrutiny by the algo to note any reversal for the indexes but nothing occurred today; status quo despite the heavy selling, especially at the open.

Keybot prints a pre-scheduled number at 9 AM so we can pick it up there to map out tomorrow's action. The algo remains long. Copper is extremely sick foretelling the intermediate term ahead. Retail and semiconductors should tell the tale for the short term trading over the next couple days, for now the bulls remain in control.

10/7/11; 10:00 AM EST =
10/2/11; 7:00 PM EST EOM =
9/30/11; 10:00 AM EST =
9/27/11; 10:00 AM EST =
9/25/11; 7:00 PM EST =
9/20/11; 9:00 AM EST =
9/18/11; 7:00 PM EST = -24
9/16/11; 10:00 AM EST = -24
9/14/11; 12:43 PM EST = -24
9/14/11; 12:39 PM EST = -40; signal line is -58; go long 1180; (Benchmark SPX for 2011=-6.2%)(Keybot this trade=+0.5%; Keybot for 2011=+26.4%)(Actual this trade via SH=+0.4%; Actual for 2011=+39.7%)

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