The Keystone Speculator's proprietary trading algorithm, Keybot the Quant, flips to the bull side yesterday, 6/15/20, at SPX 3041 at 1 PM EST. The Federal Reserve stepped in to save the day as usual promising to buy individual corporate bonds in addition to the ongoing ETF purchases. What sicko's. In addition, King Trump promises a $1 trillion infrastructure bill (humorously, does everyone remember Emperor Obama's "shovel-ready" jobs?).
Stocks rocket launch intraday on the easy money promises. Watch VIX 36.42 (now at 34.30). Bulls are in charge of stock market direction if the VIX is below 36.42. Bears rule the stock market if the VIX pops above 36.42 heading higher. As always, more information is found at Keybot's site;
Keybot the Quant
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