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Friday, May 31, 2024

Keybot the Quant Turns Bullish in Final Minutes of Trading

Keystone's trading robot, Keybot the Quant flips to the bull side at SPX 5266 with only a couple minutes remaining in the trading week. The bulls pumped the banks and the Fed held its jackboot on Uncle Vix's neck to send stocks to the moon.

Stocks are going up, going down, going up, down, down, up, just like a Jimmy Reed tune. Hand me that harmonica, Sonny. Bulls will need stronger retail stocks so Amazon is key next week. Of course banks and volatility remains key. Bears need weaker copper and commodities.

Keybot the Quant

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