Keybot the Quant remains long through the weekend. The algo prints four numbers today including the pre-scheduled number. The bears took it on the chin this week as semiconductors and financials rocket higher and volatility drops like a stone. The bulls are in control but note the algo number is only 13 points above the signal line. UTIL drops to 593 well under the 603 bull-bear level applicable for all of next week. This is a feather in the bears caps for Tuesday morning (markets are closed on Monday for President's Day) and if UTIL remains under 603, the upside in stocks should stall.
2/15/15;
7:00 PM EST =
2/13/15; 12:14 PM EST
= +54; signal line is +41
2/13/15; 10:32 AM EST
= +70; signal line is +40
2/13/15; 10:00 AM EST
= +54; signal line is +37
2/13/15; 9:40 AM EST
= +54; signal line is +36
2/12/15;
9:36 AM EST = +70; signal line is +35
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.