Saturday, March 30, 2013

STOCK MARKET BULLISH - -LONG -- CAUTION

Keybot the Quant remains long through the Easter weekend. The pre-scheduled number yesterday results in another up tick in the signal line, now only three points from the algo  number. The significant weakness in copper and commodities is not dragging equity markets lower as would be expected showing the power of the Fed's easy money. The SPX closes at a new all-time closing high at 1569.19 and now sets its sights on the all-time high at 1576.09 from October 2007. Volatility  VIX, and commodities, GTX, are key for next week. The areas and levels of interest can be identified once the Sunday pre-scheduled number prints. Happy Easter.

3/31/13; 7:00 PM EST EOM =
3/29/13; 10:00 AM EST = +49; signal line is +46
3/28/13; 12:00 PM EST = +49; signal line is +45

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