Friday, September 18, 2015

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the bear side today at SPX 1964 due to weak retail stocks and copper. The algo was very active to end the week. The algo number is only 6 points below the signal line so caution is needed and it would not be surprising to see the markets whipsaw higher again early next week.

Retail stocks, copper, volatility and utilities appear important for market direction for next week; levels can be identified once the Sunday pre-scheduled number prints.

On the last trade, only a two-day move, the algo computer program  loses -1.6% and the actual trading loses -0.6%. The Russell 2000 small caps dropped less than the S&P 500 over that two days. The Benchmark SPX index is down -5% this year. Keybot exited IWM and entered SDS. The 35-day timer expired from the last whipsaw (a reversal move within a day's time) so Keybot is using double ETF's again beginning with SDS on the short side. Markets remain a coin flip.

9/20/15; 7:00 PM EST =
9/18/15; 12:04 PM EST = -42; signal line is -36
9/18/15; 11:46 AM EST = -26; signal line is -37 but algorithm remains short
9/18/15; 11:34 AM EST = -42; signal line is -38
9/18/15; 11:09 AM EST = -26; signal line is -38 but algorithm remains short
9/18/15; 10:38 AM EST = -42; signal line is -39
9/18/15; 10:24 AM EST = -26; signal line is -40 but algorithm remains short
9/18/15; 9:53 AM EST = -42; signal line is -40; go short 1964; (Benchmark SPX for 2015 = -4.6%)(Keybot algo this trade = -1.6%; Keybot algo for 2015 = +4.0%)(Actual results this trade = -0.6%; Actual results for 2015 = +4.2%)
9/18/15; 9:37 AM EST = -42; signal line is -40 but algorithm remains long
9/18/15; 9:36 AM EST = -26; signal line is -40
9/17/15; 10:08 AM EST = -10; signal line is -40
9/17/15; 9:00 AM EST = -26; signal line is -40
9/16/15; 3:23 PM EST = -26; signal line is -39; go long 1995; (Benchmark SPX for 2015 = -3.1%)(Keybot algo this trade = +3.9%; Keybot algo for 2015 = +5.6%)(Actual results this trade = +3.1%; Actual results for 2015 = +4.8%)

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