Wednesday, April 9, 2014

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the bull side in these erratic and unstable markets. Financials and volatility are in the bull camp creating market lift so the SPX floats higher. The algorithm program gains +0.9% on the last trade and the actual trade gains +0.6%. Keybot cycles out of TWM and into QLD. Stay alert for a whipsaw especially with today's action.

The XLF 21.87 and VIX 14.59 (both creating market bullishness) continue to dictate market direction moving forward. The bulls grab control of the steering wheel. Watch at 2 PM to see if any wild pivot occurs which may change the picture again. For now, the caution flag remain in place. The bears likely need the SPX under 1838 to whipsaw back to the short side today so the bulls may be able to stay in control through the closing bell.

4/11/14; 10:00 AM EST =
4/9/14; 12:22 PM EST = +47; signal line is +41; go long 1859; (Benchmark SPX for 2014 = +0.6%)(Keybot this trade = +0.9%; Keybot for 2014 = +4.6%)(Actual this trade = +0.6%; Actual for 2014 = +4.1%)
4/9/14; 11:51 AM EST = +47; signal line is +41 but algorithm remains short
4/9/14; 11:45 AM EST = +33; signal line is +41
4/9/14; 10:49 AM EST = +17; signal line is +41
4/9/14; 10:29 AM EST = +33; signal line is +42
4/9/14; 9:52 AM EST = +17; signal line is +43
4/9/14; 9:47 AM EST = +33; signal line is +43
4/9/14; 9:37 AM EST = +47; signal line is +43 but algorithm remains short
4/8/14; 2:11 PM EST = +17; signal line is +44
4/8/14; 1:23 PM EST = +33; signal line is +45
4/7/14; 3:57 PM EST = +17; signal line is +45
4/7/14; 2:53 PM EST = +33; signal line is +46
4/7/14; 1:12 PM EST = +17; signal line is +47
4/7/14; 9:36 AM EST = +33; signal line is +49
4/6/14; 7:00 PM EST = +47; signal line is +48
4/4/14; 12:53 PM EST = +47; signal line is +48; go short 1875; (Benchmark SPX for 2014 = +1.4%)(Keybot this trade = -0.1%; Keybot for 2014 = +3.7%)(Actual this trade = -0.2%; Actual for 2014 = +3.5%)

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