Keystone's proprietary trading algorithm, Keybot the Quant, flips to the long side yesterday at SPX 2878 but interestingly is already champing at the bit to flip back to the short side. This behavior is atypical for the quant and verifies the erratic and unstable nature of the stock market. Bears need weaker banks and retail stocks and higher volatility. Bulls need stronger banks and retail stocks and lower volatility. XLF is down -0.666% in the pre-makret. The VIX is rallying higher to 16.66. More information is found at Keybot's site;
Keybot the Quant
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