Sunday, April 12, 2015

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The erratic choppy sideways move in markets continues in 2015. The bulls are cruising. Bears need weaker financials and copper to create selling pressure, XLF under 24.16 and JJC under 32.36, respectively. Otherwise, bulls will keep floating the indexes higher. If either parameter turns bearish, the caution flag will be out. The banks begin reporting earnings this week directly impacting XLF.

For the SPX starting at 2102, the bulls need to touch the 2103 handle and an upside acceleration of several points will occur. Thus, watch the S&P futures to see if there is any positivity overnight. The bears need to push under 2092 to create a downside acceleration. A move through 2093-2102 is sideways action to begin the new week of trading. Keybot prints two prescheduled numbers this week one on Thursday morning and one on Friday morning.

4/19/15; 7:00 PM EST =
4/17/15; 10:00 AM EST =
4/16/15; 9:00 AM EST =
4/12/15; 7:00 PM EST = +68; signal line is +43
4/9/15; 12:52 PM EST = +68; signal line is +43
4/9/15; 10:43 AM EST = +52; signal line is +43
4/9/15; 10:28 AM EST = +68; signal line is +43
4/8/15; 9:38 AM EST = +52; signal line is +43
4/7/15; 3:56 PM EST = +36; signal line is +42 but algorithm remains long
4/6/15; 10:21 AM EST = +52; signal line is +42; go long 2074; (Benchmark SPX for 2015 = +0.7%)(Keybot algo this trade = -0.5%; Keybot algo for 2015 = -1.8%)(Actual results this trade = +0.1%; Actual results for 2015 = -4.0%)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.