Sunday, August 11, 2019


Keybot the Quant remains long but is champing at the bit to go short with the algo number 12 points below the signal line. The internal parameters will not fully latch as yet to permit the move. The semiconductors stumble out of the gate on Friday creating stock market negativity. The imminent turn is in play and the quant will likely flip short if the SPX loses the 2900 level.

The battle for market direction is between chips and the NYA index. Bulls need the SOX back above 1478.20 to prove that up is the direction ahead. Bears need the NYA Index to drop below 12531 to prove that down is the direction ahead. One of them will flinch. If chips remain bearish and the NYA bullish, stocks will chop along sideways with a slight downward bias.

Keybot prints two pre-scheduled numbers this week both on Friday morning. You can use VIX 17.17 as a market rudder. VIX above 17.17 creates market mayhem while VIX below 17.17 stops the selling and creates market stability for the bulls.

8/18/19; 7:00 PM EST =
8/16/19; 10:00 AM EST =
8/16/19; 9:00 AM EST =
8/11/19; 7:00 PM EST = -4; signal line is +8 but algorithm remains long
8/9/19; 9:47 AM EST = -4; signal line is +9 but algorithm remains long
8/8/19; 11:40 AM EST = +12; signal line is +11; go long 2924; (Benchmark SPX for 2019 = +16.6%)(Keybot algorithm program this trade = +1.8%; Keybot algo for 2019 = +16.6%)(Actual results this trade = +3.4%; Actual trading results for 2019 = +30.8%)

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