Wednesday, June 5, 2024

Keybot the Quant Turns Bullish

Keystone's proprietary trading robot, Keybot the Quant, flips back to the long side at SPX 5339 as the choppy slop continues. The bulls goosed copper to provide initial lift in stocks, then pumped the retail stocks higher, then the coup de grace was the hoisting of the banksters which created the late-day orgy.

Bulls need stronger commodities to continue the stock market rally. Bears need weaker banks, retail stocks (AMZN) and/or copper to stop the bulls and reverse stocks for a switcheroo to the downside.

Keybot the Quant

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.