Saturday, November 30, 2013


Keybot the Quant remains short through the weekend. The algo idles along in Friday's shortened session without printing any numbers. The odd market action continues with the SPX over 50 handles away from where the algo entered short. Keybot never hesitates to flip sides and register a loss, all it sees are 1's and 0's, but the model still will not trigger the move to the long side as yet. Utilities, copper and volatility appear to be the priority currently. UTIL closed at 487.13 below 490.63 helping bears but above 482.94 helping bulls. Interesting how the 487 is in the middle of the 483 and 491. The direction the utilities move should dictate market direction. Note the big spike in volatility in the final minutes of trading. Markets are sneaky. VIX is 13.70. Bears can pop the champagne corks if VIX gains only 19 more pennies to VIX 13.89 and higher. Next week's areas and levels of interest can be identified once the pre-scheduled Sunday number prints tomorrow. November was another up month for markets. 

12/1/13; 7:00 PM EST EOM =
11/27/13; 10:00 AM EST = +30; signal line is +36

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