Keybot the Quant Turns Bullish

Keystone's algorithm flipped to the long side. The move, however, is not a ringing endorsement of the upside and in fact, caution is warranted and traders have to stay on guard for a whipsaw back down. The move to the bull side equates to the old Wall Street adage, "hold your nose and buy." Most major sectors are in the bull camp.  Copper and commodities, however, remain bearish, as does the secular movement of the indexes going forward. JJC 46.65 will cause a big upside run. VIX back above 30.50 will enable the market bears to fight back again.  A whipsaw is definitely in play within the next couple days.

11/8/11: Keybot the Quant flipped to the long side at 9:30 AM at SPX 1261; for the year thus far SPX Benchmark is up 0.2%; Keybot algo is up 23.7%; Keybot actual trading is up 32.0%. The algorithm has been giving up some ground lately in these jumpy markets but it has a nice nest egg buillt up for the year. Watch for a whipsaw today or tomorrow.
11/1/11: Keybot the Quant flipped to the short side at 9:30 AM at SPX 1233; for the year thus far SPX Benchmark is down 2.0%; Keybot algo is up 26.0%; Keybot actual trading is up 35.6%. Watch for a whipsaw today or tomorrow.
10/24/11: Keybot the Quant flipped to the long side at 9:30 AM at SPX 1238; for the year thus far SPX Benchnmark is down 1.6%; Keybot algo is up 26.4%; Keybot actual trading is up 36.5%. The Fed's quantitative easing talk on 10/21 and 10/22 bounced markets. Watch for a whipsaw today or tomorrow.
10/20/11: Keybot the Quant flipped to the short side at 10:59 AM at SPX 1206; for the year thus far SPX Benchmark is down 4.1%; Keybot algo is up 29.1%; Keybot actual trading is up 40.3%. Watch for potential whipsaw. SPX 1220 is important, also SOX 363.65 and XLF 12.62.

Further information at Keybot's site:

http://www.keybotthequant.blogspot.com/