Keybot the Quant remains long as the pre-scheduled number prints, only bumping up the signal line by one tick. Bulls are in control, keeping copper and commodities elevated in the early going. The dollar is flat to a few pennies positive so that will help contain further market upside. The Nasdaq is not leading the upside like it did yesterday so that should also mute any broad market move higher, but watch AAPL closely. Slight market weakness appears after the Consumer Confidence data with volatility up. SPX jumped three handles at the open but the 1419 resistance ceiling is holding it in check for now. Markets remain highly unstable. Stay cautious.
4/1/12; 7:00 PM EST EOM EOQ1 =
3/30/12; 10:00 AM EST =
3/27/12; 10:00 AM EST = +76; signal line is +66
3/26/12; 2:18 PM EST = +76; signal line is +65; go long 1412; (Benchmark SPX for 2012 = +12.2%)(Keybot this trade = -1.4%; Keybot for 2012 = +3.8%)(Actual this trade = -1.3%; Actual for 2012 = +5.5%)
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