Saturday, February 7, 2015

STOCK MARKET BULLISH -- LONG -- CAUTON

Keybot the Quant remains long through the weekend as another whipsaw week in 2015 comes to an end. The VIX jumps above 16.48 after lunchtime ushering in market negativity, however, the bears could not provide any further downside juice. Semiconductors drop with the SOX down to a low at 670.02, at the level called out by the algo ahead of time, and bounces so you knew the bears could not create further selling. Isn't it remarkable that Keybot can identify these important sectors and price levels before they occur? If SOX would have failed, stocks would have went into freefall into the closing bell. But SOX bounced and stocks finish somewhat flat the SPX exactly at the 2055 where Keybot exited/entered the last trade.

Semiconductors, finanicals, volatility and utilities will be important next week. Levels can be identifed once the pre-scheduled number prints tomorrow.



2/8/15; 7:00 PM EST =
2/6/15; 12:15 PM EST = +56; signal line is +28
2/6/15; 10:03 AM EST = +70; signal line is +27

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