Thursday, September 7, 2023

Keybot the Quant Turns Bearish

The Keystone Speculator's proprietary trading robot, Keybot the Quant, flips to the short side yesterday at SPX 4464. Banks and volatility tell the story forward; XLF 34.24 and VIX 15.10 are the key bull/bear lines in the sand, respectively. XLF is at 34.22 in the pre-market and the VIX is jumping higher at 15.38 over the last hour creating this morning's angst. S&P futures are down -30 points. If bullish, you need VIX below 15.10 immediately and XLF above 34.24.

Keybot the Quant

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