Friday, July 8, 2016

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The pre-scheduled number prints before the opening bell and one number prints after the bell. Yesterday was active with the algo printing five numbers. Note that the algo number is only one measly point above the signal line. This verifies the continued bull-bear fight and battle is ongoing.

Financials and copper are currently controlling broad market direction. Bulls win big with new record highs on the way if JJC moves above 24.38. Market bears will stop the rally in its track if they push XLF below 22.77. If XLF 22.77 fails, consider the imminent turn in play but Keybot may not flip short until SPX 2089 occurs, if it does. For now, the bulls rule.

7/10/16; 7:00 PM EST =
7/8/16; 9:36 AM EST = +68; signal line is +67
7/8/16; 9:00 AM EST = +52; signal line is +65 but algorithm remains long
7/7/16; 11:26 AM EST = +52; signal line is +63 but algorithm remains long
7/7/16; 10:54 AM EST = +66; signal line is +62
7/7/16; 10:39 AM EST = +82; signal line is +61
7/7/16; 9:56 AM EST = +66; signal line is +59
7/7/16; 9:36 AM EST = +82; signal line is +58
7/6/16; 1:01 PM EST = +66; signal line is +57; go long 2097; (Benchmark SPX for 2016 = +2.6%)(Keybot algo this trade = -0.3%; Keybot algo for 2016 = +7.2%)(Actual results this trade = -0.6%; Actual results for 2016 = +14.1%)

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