Tuesday, February 23, 2021

Keybot the Quant Turns Bearish

Keystone's proprietary trading algorithm, Keybot the Quant, flips to the bear side at SPX 3849 this morning. Volatility spiked and retail stocks drops creating the softness in stocks but by the end of the day the Fed jammed volatility lower to help equities recover.

Watch volatility and retail stocks, VIX 24.17 and RTH 159.77, respectively. They are the bull/bear lines in the sand. Bears win big if VIX spikes above 24.17 and it begins trading at 3 AM EST.

RTH is mainly made up of King Bezos's Scamazon stock so watch AMZN in the pre-market. Bulls win big if RTH moves above 159.77 and that will likely happen if AMZN moves higher. 

As always, Keybot's site has more information.

Keybot the Quant

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