Monday, April 11, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips long this morning at SPX 2056 after the three key parameters previously highlighted all jump into the bull camp creating today's rally. Watch GTX 2146, NYA 10120 and XLF 22.14 as the three key bull-bear parameters controlling broad market direction. Market bears can stop the rally only by turning one of the three bearish. Bulls will receive further fuel with higher copper. As always, stay alert for a whipsaw back to the short side in these choppy sideways markets.

The SPX benchmark index is up marginally this year +0.6% after over three months of drama. For the last trade, the Keybot algo program loses -0.5% and the actual trading is dead flat. Stocks move choppy sideways chewing up bulls and bears alike. Keybot exited RWM and entered IWM. With a couple hours remaining in the Monday trading session, GTX is 2150, NYA is 10160 and XLF is at 22.24. Commodities, GTX, are only 4 ticks away from flipping back into the bear camp. Looks like the sideways drama continues.

4/17/16; 7:00 PM EST =
4/15/16; 10:00 AM EST =
4/11/16; 9:42 AM EST = +78; signal line is +58; go long 2056; (Benchmark SPX for 2016 = +0.6%)(Keybot algo this trade = -0.5%; Keybot algo for 2016 = +7.1%)(Actual results this trade = -0.0%; Actual results for 2016 = +12.8%)
4/11/16; 9:36 AM EST = +62; signal line is +58
4/10/16; 7:00 PM EST = +34; signal line is +59
4/8/16; 2:28 PM EST = +34; signal line is +61
4/8/16; 2:17 PM EST = +48; signal line is +62
4/8/16; 12:25 PM EST = +34; signal line is +64
4/8/16; 12:11 PM EST = +50; signal line is +65
4/8/16; 11:39 AM EST = +34; signal line is +67
4/8/16; 9:52 AM EST = +64; signal line is +68
4/7/16; 10:22 AM EST = +34; signal line is +69
4/7/16; 9:36 AM EST = +50; signal line is +71
4/6/16; 3:11 PM EST = +64; signal line is +72
4/5/16; 9:36 AM EST = +50; signal line is +73
4/3/16; 7:00 PM EST = +64; signal line is +75
4/1/16; 11:06 AM EST = +64; signal line is +76
4/1/16; 10:58 AM EST = +50; signal line is +77
4/1/16; 10:44 AM EST = +64; signal line is +78
4/1/16; 10:00 AM EST = +50; signal line is +79
4/1/16; 9:36 AM EST = +50; signal line is +80; go short 2046; (Benchmark SPX for 2016 = +0.1%)(Keybot algo this trade = -0.2%; Keybot algo for 2016 = +7.6%)(Actual results this trade = -0.2%; Actual results for 2016 = +12.8%)

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