Keybot the Quant

Keybot the Quant is long, but tentatively. The algo number is only three points above the signal line ready to go short upon further market weakness. The week is off to an active start with Keybot printing three numbers today. If UTIL stays under 452.91 the market bears are favored. If JJC stays above 48.00 the market bulls are favored. One of these should give way with the broad markets following along. The weak dollar is keeping copper and commodities elevated. Thu

STOCK MARKET BULLISH -- LONG -- CAUTION

Published on 2012-02-21 14:15:00

Keybot the Quant is long and coming to life this week printing another number a couple hours ago. Note the roll over in the utilities sector and this is dragging the markets down. The market bulls got nothing unless they can move UTIL above 452.91 and now it sits a point under. Copper, JJC, however, continues to hold up well, thus, the weaker dollar keeps JJC and CRB elevated and thus prevents the markets from making any headway to the downside. The algo number is now only thre

STOCK MARKET BULLISH -- LONG -- CAUTION

Published on 2012-02-21 09:51:00

Keybot the Quant is long to start the new week of trading and active printing out two numbers for the week thus far. The utilities sector is dancing above and below the critical 492.91 level for this week. In a nutshell, if you are bullish, you want UTIL to get above 452.91 and stay there all week, this will provide broad market buoyancy. If you are bearish, you want UTIL to stay under 452.91 all week long and in addition, JJC to drop under 46.90 (remember the algo is constantly cal

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