Saturday, May 2, 2015

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant performs another about-face on Friday flipping back to the bull side at SPX 2106 just when it looked like the bears may have legs. Financials and semiconductors push the stock market higher. Bulls will need higher retail stocks to continue the path higher for equities. Bears need lower financials and semiconductors. Potential key areas and levels for next week can be identified once the Sunday pre-scheduled number prints.

The Benchmark S&P 500 is up +2.3% this year. The Keybot algorithm program gains a fraction on the last trade. The algo exits RWM and enters SPY. The underperformance in small caps was a big benefit for the small cap ETF. As always, stay alert for a whipsaw back to the short side especially in these erratic, unstable, choppy markets.

5/3/15; 7:00 PM EST =
5/1/15; 2:11 PM EST = +65; signal line is +55; go long 2106; (Benchmark SPX for 2015 = +2.3%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = -1.0%)(Actual results this trade = +2.0%; Actual results for 2015 = -1.3%)
5/1/15; 10:05 AM EST = +65; signal line is +55 but algorithm remains short
5/1/15; 10:00 AM EST = +49; signal line is +55
5/1/15; 9:36 AM EST = +49; signal line is +56
4/30/15; 7:00 PM EST EOM = +33; signal line is +57
4/30/15; 2:31 PM EST = +33; signal line is +58
4/30/15; 11:05 AM EST = +49; signal line is +59
4/30/15; 10:06 AM EST = +33; signal line is +58
4/29/15; 10:04 AM EST = +49; signal line is +59
4/29/15; 9:57 AM EST = +65; signal line is +60 but algorithm remains short
4/29/15; 9:36 AM EST = +49; signal line is +60
4/28/15; 3:38 PM EST = +65; signal line is +60 but algorithm remains short
4/28/15; 2:44 PM EST = +51; signal line is +60
4/28/15; 11:06 AM EST = +65; signal line is +61 but algorithm remains short
4/28/15; 10:31 AM EST = +49; signal line is +60
4/28/15; 10:15 AM EST = +33; signal line is +59
4/28/15; 10:00 AM EST = +49; signal line is +59
4/28/15; 9:56 AM EST = +52; signal line is +58
4/27/15; 3:52 PM EST = +38; signal line is +58
4/27/15; 3:20 PM EST = +54; signal line is +58; go short 2109; (Benchmark SPX for 2015 = +2.4%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = -1.1%)(Actual results this trade = -0.7%; Actual results for 2015 = -3.3%)

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