STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the quant flips to the long side this morning at 1837. UTIL jumps higher, VIX collapses lower, and RTH moves higher, all bull-friendly moves. The price action is freakish today with a very jumpy tape. The bulls are now driving the bus but as always, stay alert for a whipsaw today or tomorrow. The last trade results in a slight gain. Keybot exits SDS and enters SSO. The SPX Benchmark remains negative on the year. Watch UTIL 482.19 (causing bullishness) and 493.50 (causing bearishness), and VIX 14.11 (causing bullishness). Remain very cautious as the market action is very erratic and unstable. The SPX is currently printing 1837.

1/10/14; 9:00 AM EST =

1/7/14; 10:00 AM EST = +49; signal line is +45; go long 1837; (Benchmark SPX for 2014 = -0.6%)(Keybot this trade = +0.2%; Keybot for 2014 = -0.2%)(Actual this trade = +0.3%; Actual for 2014 = -0.6%)

1/6/14; 1:59 PM EST = +49; signal line is +44 but algorithm remains short

1/6/14; 10:51 AM EST = +33; signal line is +43

1/6/14; 10:18 AM EST = +49; signal line is +43 but algorithm remains short

1/5/14; 7:00 PM EST = +33; signal line is +41

1/3/14; 12:23 PM EST = +33; signal line is +41

1/3/14; 11:51 AM EST = +19; signal line is +41

1/3/14; 9:36 AM EST = +33; signal line is +41

1/3/14; 9:35 AM EST = +19; signal line is +41

1/2/14; 11:40 AM EST = +35; signal line is +41

1/2/14; 10:58 AM EST = +49; signal line is +41 but algorithm remains short

1/2/14; 9:36 AM EST = +35; signal line is +41; go short 1841; (Benchmark SPX for 2014 = -0.4%)(Keybot this trade = -0.4%; Keybot for 2014 = -0.4%)(Actual this trade = -0.9%; Actual for 2014 = -0.9%)