Keybot the Quant, Keystone's proprietary trading algorithm, went short at 10:34 AM EST today at SPX 1324. The upside rally profits were locked in. Financials, semiconductors, commodities, and now, higher volatility, have changed the mood of the markets quickly today.
This move has whipsaw potential so caution is warranted for the next couple days. Markets remain unstable.
More information on the algorithm is found at,
http://www.keybotthequant.blogspot.com/
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