Thursday, April 4, 2013

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the Thursday session motors along.  VIX moves above 14.47 which is another feather in the bear's cap. It is surprising to see the broad indexes remain sideways with the now elevated volatility. Watch VIX 14.47 as the day plays out. SOX is 419 firmly bearish. XLF is 18 remaining bullish. SPX is printing 1555. The caution flag was removed but if VIX drops back under 14.47 the caution will have to be displayed. The bears are driving the bus despite the buoyancy occurring in the markets today.

4/5/13; 9:00 AM EST =
4/4/13; 12:00 PM EST = +17; signal line is +45
4/3/13; 11:02 AM EST = +33; signal line is +45; go short 1562; (Benchmark SPX for 2013  = +8.7%)(Keybot this trade = +0.3%; Keybot for 2013 = +1.5%)(Actual this trade = +0.6%; Actual for 2013 = +1.6%)

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