Thursday, January 8, 2015

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side today at SPX 2059. NYA is above 10790 in the bull camp creating market positivity and the drama will likely continue tomorrow. The algo was very active today printing eight numbers. NYA begins at 10801 on Friday 11 points above the 10790 bull-bear line in the sand. If NYA stays above 10790 the bulls will be running stocks higher. Bears will growl again if NYA drops under 10790.

For the SPX starting at 2062, the bulls need two points, to push up through 2064, and the upside will accelerate towards 2070. The bears need to retrace today's upside orgy, a formidable task, so instead bears will focus on pulling NYA back into the bear camp. Bears got nothing unless they push NYA under 10790.

The benchmark SPX is dead flat on year. The Keybot program is down -1.2% and the actual trading is off to a -3% start in the choppy new year. Keybot prints a pre-scheduled number before the opening bell tomorrow. The bulls took the steering wheel with a historic 70 SPX handle upside move in only two days time. Markets remain erratic and unstable. 

1/11/15; 7:00 PM EST =
1/9/15; 9:00 AM EST =
1/8/15; 3:59 PM EST = +49; signal line is +45
1/8/15; 3:49 PM EST = +35; signal line is +44 but algorithm remains long
1/8/15; 2:34 PM EST = +49; signal line is +44
1/8/15; 2:01 PM EST = +35; signal line is +44 but algorithm remains long
1/8/15; 1:13 PM EST = +49; signal line is +44
1/8/15; 11:44 AM EST = +35; signal line is +44 but algorithm remains long
1/8/15; 11:05 AM EST = +49; signal line is +44; go long 2059; (Benchmark SPX for 2015 = +0.0%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = -1.2%)(Actual results this trade = -1.7%; Actual results for 2015 = -3.0%)
1/8/15; 9:36 AM EST = +35; signal line is +43
1/6/15; 9:42 AM EST = +3; signal line is +43
1/5/15; 12:36 PM EST = +19; signal line is +43
1/5/15; 9:36 AM EST = +35; signal line is +44; go short 2046; (Benchmark SPX for 2015 = -0.6%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = -0.6%)(Actual results this trade = -1.3%; Actual results for 2015 = -1.3%)

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