The Bot Brief

"There is no force on earth more powerful than an idea whose time has come."     

- Victor Hugo

Bots in the News:    

The gains by bots in this week’s trading were dominated, almost exclusively by the Asian components of the Bot Index. The Bot index gained 2.16%, while the S & P 500 rose 1.45%. Five of the seven Asian holdings gained 5% or greater, with OMRON Corp. the leading gainer generating an 11.59% increase. Other notables included Yaskawa Electric (+7.32%), Keyence Corp. (+9.20%) and Fanuc (+5.06%).

Leading domestic holdings included 3D Systems, whom always seems to be among the most dynamic losers or gainers and Faro Corp. that jumped 9.56%. Faro recovered from its early August slide that was precipitated by poor revenue and earnings from the June quarter.

The only large loser during the week was Immersion Corp who fell 11.15% on no major news.

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The Bot Brief is a weekly newsletter designed for economists, investment specialists, journalists, and academicians. It receives no remuneration from any companies that may from time to time be featured in the brief and its commentaries, analysis, opinions, and research represent the subjective view of Balcones Investment Research, LLC. Due to the complex and rapidly changing nature of the subject matter, the company makes no assurances as to the absolute accuracy of the material presented.