Friday, April 27, 2012

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the pre-scheduled number clicks off minutes ago resulting in a one point change to the signal line.  Copper, JJC, remains elevated helping the bulls.  But note that the semiconductors, SOX, were negative from the open and this is the sector the market bulls need to send markets higher.  Thus, the markets are at a standoff and either higher semi's will take the markets higher, or, lower copper will take the markets lower. Without either one flipping sides, the markets will stumble along sideways. The dollar is weaker this morning helping copper remain buoyant. Markets are very unstable currently. Also note how the VIX, volatility, is up today.

4/29/12; 7:00 PM EST =
4/27/12; 10:00 AM EST = +46; signal line 22
4/26/12; 10:33 AM EST = +46; signal line 21
4/25/12; 11:59 AM EST = +30; signal line is +21; go long 1387; (Benchmark SPX for 2012  = +10.3%)(Keybot this trade = -1.8%; Keybot for 2012 = +2.0%)(Actual this trade = -2.1%; Actual for 2012 = +3.0%)

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