Keystone's trading robot, Keybot the Quant flips back to the long side at SPX 4197 on Friday. It is more choppy slop as the debt talks continue. The thieves on Wall Street knew ahead of time that Treasury Secretary Yellen was changing the drop-dead date for the debt crisis from June 1 to June 5, extending the deadline, so they were already on board as Joe Retail jumped in to chase the AI orgy rally higher. Such is America's corrupt crony capitalism system in its last throes.
Watch NYA, VIX and RTH. One of them will flinch and tell you the path forward for the stock market.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.