STOCK MARKET BULLISH -- LONG

Keybot the Quant flips long at SPX 2103 after the opening bell as chips, retail stocks and utilities jump into the bull camp sending the stock market higher. The algo thrusts higher to +81 which is an overbot signal since at its heart the model is an oscillator. The rally higher continues unless the bears can send either UTIL under 582, or RTH under 76.33 or SOX under 699.90. The three parameters are currently printing 585.50, 76.89 and 704, respectively.

The benchmark SPX is up +2% this year. On the last trade the algorithm program gains a smidge and is essentially flat on the year. The actual trading loses -0.8% on the last trade since small caps outperformed the last couple days. Keybot exits RWM and enters SPY. The algo remains in single ETF mode until Memorial Day (another 10 trading days).

The bulls are cruising since the jobs report was weak with the economy only creating an average of 150K jobs per month over the last two months. Wages also remain weak. The Federal Reserve will delay raising rates and keep the easy money spigots open which sends stocks higher. Bad news is good news. The central bankers are the market. Pay attention to utes, retail stocks and chips.

5/10/15; 7:00 PM EST =

5/8/15; 9:31 AM EST = +81; signal line is +45; go long 2103; (Benchmark SPX for 2015 = +2.1%)(Keybot algo this trade = +0.3%; Keybot algo for 2015 = -0.6%)(Actual results this trade = -0.8%; Actual results for 2015 = -1.9%)

5/8/15; 9:00 AM EST = +33; signal line is +44

5/7/15; 12:52 PM EST = +33; signal line is +45

5/7/15; 12:26 PM EST = +49; signal line is +46 but algorithm remains short

5/7/15; 11:20 AM EST = +33; signal line is +45

5/7/15; 10:58 AM EST = +49; signal line is +46 but algorithm remains short

5/7/15; 10:56 AM EST = +35; signal line is +46

5/7/15; 9:40 AM EST = +19; signal line is +46

5/6/15; 3:55 PM EST = +33; signal line is +47

5/6/15; 1:35 PM EST = +19; signal line is +48

5/5/15; 12:53 AM EST = +33; signal line is +50

5/5/15; 12:22 PM EST = +49; signal line is +52

5/5/15; 11:23 AM EST = +33; signal line is +52

5/5/15; 9:54 AM EST = +49; signal line is +54; go short 2109; (Benchmark SPX for 2015 = +2.4%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = -0.9%)(Actual results this trade = +0.2%; Actual results for 2015 = -1.1%)