Thursday, May 18, 2017

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side on Wednesday morning at SPX 2376 the market is dragged lower by weak banks and higher volatility. The algo number is 16 points under the signal line with the bears in control. Bears will receive further downside strength if retail stocks weaken with RTH under 80.15 (now causing lift in the stock market at 80.69).

The bulls will signal an end to the stock market selling if either XLF moves above 23.59 (now at 23.06) or VIX under 11.95 (now at 15.59).

Keybot flips short at the same exact SPX 2376 level that it went long at on the way up resulting in zero percent change for the algo program. The actual trading is also flat on the last trade. The benchmark S&P 500 Index remains up +6.1% so far this year. Keybot exited DIA and entered SDS. The 35 day timer has expired from the whipsaw moves in early April so the algo is now using 2x ETF's again.

Bears need weaker retail stocks and weaker semiconductors. Bulls need stronger banks and lower volatility. The beat goes on.

5/21/17; 7:00 PM EST =
5/17/17; 9:57 AM EST = +40; signal line is +56; go short 2376; (Benchmark SPX for 2017 = +6.1%)(Keybot algo this trade = +0.0%; Keybot algo for 2017 = -0.1%)(Actual results this trade = +0.2%; Actual results for 2017 = -4.3%)
5/17/17; 9:36 AM EST = +40; signal line is +55 but algorithm remains long
5/16/17; 9:00 AM EST = +70; signal line is +56
5/15/17; 9:36 AM EST = +70; signal line is +55
5/14/17; 7:00 PM EST = +54; signal line is +54 but algorithm remains long
5/12/17; 10:00 AM EST = +54; signal line is +54 but algorithm remains long
5/12/17; 9:36 AM EST = +54; signal line is +54 but algorithm remains long
5/11/17; 11:13 AM EST = +70; signal line is +54
5/11/17; 10:23 AM EST = +54; signal line is +53
5/7/17; 7:00 PM EST = +70; signal line is +53
5/5/17; 9:00 AM EST = +70; signal line is +52
5/2/17; 9:36 AM EST = +70; signal line is +52
5/1/17; 9:36 AM EST = +86; signal line is +52
4/30/17; 7:00 PM EST EOM = +54; signal line is +50
4/28/17; 3:53 AM EST = +54; signal line is +50
4/28/17; 10:00 AM EST = +70; signal line is +50
4/25/17; 10:00 AM EST = +70; signal line is +49
4/24/17; 3:07 PM EST = +70; signal line is +48; go long 2376; (Benchmark SPX for 2017 = +6.1%)(Keybot algo this trade = -0.8%; Keybot algo for 2017 = -0.1%)(Actual results this trade = -1.6%; Actual results for 2017 = -4.5%)

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.