Sunday, November 8, 2015


Keybot the Quant remains short heading into the new week of trading. The algo prioritizes parameters that are most impacting stock market direction but currently about one-half of the key parameters are firmly in the bear camp and the other half firmly in the bull camp. Therefore, stocks would be expected to move sideways with a lower bias. The bears need weaker financials, higher volatility and the SPX under 2050 to lock in sustainable downside. The bulls need higher utility stocks, higher copper and commodities and a higher NYA Index to reestablish the upside rally.

For Monday with the SPX starting at 2099, the bulls need to push above 2102 and bingo, the upside will immediately accelerate to 2110. The bears need to push below 2084 to create a downside acceleration into the 2070's. A move through 2085-2101 is sideways action to begin the week. The bears are driving the bus; how far will they make it down the road? Keybot prints one pre-scheduled number this week on Friday morning.

11/15/15; 7:00 PM EST =
11/13/15; 10:00 AM EST =
11/8/15; 7:00 PM EST = +19; signal line is +38
11/6/15; 9:53 AM EST = +19; signal line is +38

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