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Saturday, January 1, 2022

SPX S&P 500 Daily Chart; Another Banner Year for the Keybot the Quant Algorithm



The Keystone Speculator's proprietary trading algorithm, Keybot the Quant, logs another banner year gaining +59% in 2021. The Federal Reserve keeps printing money making the rich richer. The benchmark SPX, the S&P 500 which is the United States stock market, gains a historic +27% in 2021 as the easy money falls from the sky.

Reference Keybot's site for the parameters impacting stock market direction currently but suffice it to say; watch the banks. If XLF remains above 38.77, the bulls continue the Magic Carpet Ride to the financial heavens. If stocks sell off, however, and XLF loses 38.77, the downside in stocks would have legs. The bulls are in charge to begin 2022.

Keybot the Quant

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