Keybot the Quant is long as the new year of trading is underway. The algo prints three numbers thus far in 2013. The bulls explode to the upside to SPX 1457. The algo is now tracking three sectors and levels which are most greatly impacting market direction; UTIL 466, VIX 16.50 and GTX 4958, utilities, volatility and commodities, respectively. UTIL remains under 466 which helps the bears create market negativity. The VIX fell like a rock the last two days and is now under 16.50 so this creates market bullishness. GTX has maintained a bearish stance the last few weeks but it popped above 4958 this morning to signal extended and sustainable upside for the broad indexes, but, alas, GTX fell on its sword and is now printing 4925, back in the bear camp. GTX 4958 and VIX 16.50 are key today. Markets remain unstable. In a robotic tone, Keybot wishes all a Happy New Year.
1/6/13;
7:00 PM EST =
1/4/13;
9:00 AM EST =
1/2/13; 10:45 AM EST =
+33; signal line is +0
1/2/13; 10:26 AM EST =
+47; signal line is -1
1/2/13; 9:30 AM EST =
+33; signal line is -3
1/1/13; Begin 2013 Data Set = +17; signal line is -4; go
long 1426; (Benchmark SPX for 2013 =
0%)(Keybot this trade = 0%; Keybot for 2013 = 0%)(Actual this trade = 0%;
Actual for 2013 = 0%)
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