Friday, May 16, 2014

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. Financials and retail remain weak. Semiconductors remain buoyant with SOX staggering sideways. Keep an eye on the SOX 569.90 bull-bear line in the sand. Equities will float out sideways into the weekend if semi's remain buoyant. If SOX fails 569.90, the markets will get ugly into the closing bell. SOX is currently printing 572-573 with three hours remaining in today's trade.

5/18/14; 7:00 PM EST =
5/16/14; 10:00 AM EST = +48; signal line is +52
5/16/14; 9:00 AM EST = +49; signal line is +53
5/15/14; 3:41 PM EST = +49; signal line is +53

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