Thursday, April 5, 2012

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short over the three-day holiday weekend. Tomorrow and Sunday are pre-scheduled prints for the algorithm.  The algo had an active day today printing seven numbers. After all the dust cleared, the quant identifies four broken sectors; CRB 312, JJC 48.87, UTIL 463 and SOX 423.50. Today saw a lot of activity early on with JJC which the bulls managed to push higher, but only for a short while before falling back into the bear camp. The bulls then boosted SOX to provide market buoyancy but that failed during the last one-half hour of trading.  The drop in the broad indexes since Tuesday afternoon is mild compared to the bearishness the quant is experiencing. With four sectors failing in the last few days the selloff should be much greater.  Markets remain unstable. The bears are in control of the markets.

4/8/12; 7:00 PM EST =
4/6/12; 9:00 AM EST =
4/5/12; 3:37 PM EST = +14; signal line is +45
4/5/12; 2:18 PM EST = +30; signal line is +47
4/5/12; 1:46 PM EST = +14; signal line is +48
4/5/12; 1:34 PM EST = +30; signal line is +49
4/5/12; 12:38 PM EST = +14; signal line is +50
4/5/12; 11:58 AM EST = +30; signal line is +53
4/5/12; 9:46 AM EST = +30; signal line is +54
4/4/12; 11:44 AM EST = +14; signal line is +56

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