Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Wednesday, January 1, 2020
SPX S&P 500 Daily Chart Displaying Keybot the Quant Algorithm Turns in 2019
Keystone's proprietary trading algorithm, Keybot the Quant, logs a stellar year. The algorithm program gains +23% in 2019 and the actual trading generated by the quant program gains an astounding and jaw-dropping +54%. Obviously, Keybot is the best performing stock market trading and timing model on Wall Street. The S&P 500 benchmark index is up a huge +29% in 2019.
There was a big selloff in May but the whipsaw action of markets screwed the bears out of making money during that period. There were only three (red arrows) selloff periods that lasted a couple weeks or more during 2019. The rally periods (green arrows) are overpowering sending stocks to the moon. The quant remains long as 2020, a new decade, begins. The algo is rezeroed and ready to rock and roll in the new year. Keybot remains long QLD.
The non-stop upside is generated by the ongoing global central banker collusion and intervention in markets. The Fed panicked in early January and greased the stock market skids all year long. The Federal Reserve then hit the afterburners in Q4 2019 implementing QE (quantitative easing; buying assets) even though Chairman Powell says it is not QE. Stocks catapult to the sky over the last three months on the central banker easy money. The central bankers are the market.
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