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Sunday, November 3, 2024

Keybot the Quant Turns Bullish but Stock Market Remains a Coin-Flip

Keystone's proprietary trading robot, Keybot the Quant, flips to the long side on Friday at SPX 5736. Copper and commodities goosed the stock market early Friday but both lost their gains turning bearish as the session played out and the quant already wants to flip short again. The bears need an 8-point pullback in the SPX to flip the model back to the short side. Watch copper because as copper goes, so goes the stock market.

Keybot the Quant

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