Friday, April 18, 2014

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the Easter holiday weekend. US markets will reopen for trading on Monday. Financials, XLF, remain buoyant in the Thursday session providing an easy day for bulls. Semi's catapult higher creating bull juice. Volatility drops popping equities higher. In addition, the bulls are boosting copper so they can receive more upside market juice next week. Bears will focus on pounding financials lower to stop the market upside. Bulls will focus on sending copper higher. Keybot did not print any numbers on Thursday. The bulls are cruising with the algo number 25 points above the signal line.

4/20/14; 7:00 PM EST =
4/16/14; 2:54 PM EST = +47; signal line is +22; go long 1859; (Benchmark SPX for 2014 = +0.6%)(Keybot this trade = -0.6%; Keybot for 2014 = +3.4%)(Actual this trade = -0.6%; Actual for 2014 = +0.9%)

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