Thursday, April 5, 2018

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side on Wednesday afternoon at SPX 2638. The algo did not print any numbers today. A pre-scheduled number prints before the opening bell tomorrow morning. S&P futures are tanking -38 handles on Thursday evening (Friday morning Asia) after President Trump doubles-down on the tariffs against China.

Market bulls need higher copper and utilities to push stocks higher. Watch JJC 35.08 and UTIL 700.74. Either one will create upside fuel for equities. The UTIL 700.74 number is in play for all next week so write it down and watch it. Market bulls receive strength if UTIL moves above 701 while bears receive strength if price remains below.

Market bears need weaker commodities and NYSE Composite index. Watch GTX 2553 and NYA 12438. Either one will create downside juice for the stock market. If both flip into the bearish camp, stocks will be dropping like a rock. If either parameter turns bearish, and the SPX drops below 2649, Keybot will likely flip short.

On the last trade, the S&P 500 benchmark index turns negative this year down -1.4%. The Keybot the Quant algorithm computer program gains +3.4% on the last trade and is up +5.1% this year. The actual trading gains +6% on the last trade and is up a big +11% on the year. Keybot exits SDS and enters SSO remaining in 2x ETF's. Friday morning may be interesting since the algo may flip back to the bear side.

If either GTX or NYA turns bearish, consider the imminent turn notation to be in the title line. If stocks sell off big but GTX and NYA remain bullish, the stock market will likely recover and move higher. S&P futures are down -40 at 7:26 PM EST Thursday evening (8:26 AM Tokyo Friday morning).

4/8/18; 7:00 PM EST =
4/6/18; 9:00 AM EST =
4/4/18; 3:27 PM EST = -10; signal line is -18
4/4/18; 3:20 PM EST = -24; signal line is -18 but algorithm remains long
4/4/18; 3:09 PM EST = -10; signal line is -18; go long 2638; (Benchmark SPX for 2018 = -1.4%)(Keybot algo this trade = +3.4%; Keybot algo for 2018 = +5.1%)(Actual results this trade = +6.0%; Actual results for 2018 = +10.9%)
4/4/18; 10:51 AM EST = -24; signal line is -18
4/4/18; 10:42 AM EST = -38; signal line is -18
4/4/18; 10:35 AM EST = -24; signal line is -17
4/4/18; 9:36 AM EST = -38; signal line is -16
4/2/18; 3:59 PM EST = -24; signal line is -15
4/2/18; 1:18 PM EST = -38; signal line is -14
4/2/18; 12:36 PM EST = -24; signal line is -12
4/2/18; 12:10 PM EST = -38; signal line is -11
4/2/18; 9:51 AM EST = -24; signal line is -9
4/1/18; 7:00 PM EST EOM EOQ1 = -10; signal line is -7
3/29/18; 12:34 PM EST = -10; signal line is -6
3/29/18; 12:08 PM EST = -24; signal line is -6
3/29/18; 11:53 AM EST = -10; signal line is -4
3/29/18; 11:35 AM EST = -24; signal line is -4
3/29/18; 10:58 AM EST = -10; signal line is -2
3/29/18; 10:00 AM EST = -24; signal line is -1
3/27/18; 3:00 PM EST = -24; signal line is +2
3/27/18; 2:31 PM EST = -10; signal line is +4
3/27/18; 10:44 AM EST = +6; signal line is +5 but algorithm remains short
3/27/18; 10:37 AM EST = -8; signal line is +7
3/27/18; 10:00 AM EST = +6; signal line is +8
3/26/18; 3:47 PM EST = +6; signal line is +9
3/26/18; 1:10 PM EST = -8; signal line is +11
3/26/18; 10:35 AM EST = -24; signal line is +12
3/26/18; 9:36 AM EST = -8; signal line is +14
3/25/18; 7:00 PM EST = -24; signal line is +15
3/23/18; 11:11 AM EST = -24; signal line is +17
3/23/18; 10:06 AM EST = -10; signal line is +19
3/23/18; 9:49 AM EST = -24; signal line is +20
3/23/18; 9:40 AM EST = -10; signal line is +22
3/23/18; 9:36 AM EST = +6; signal line is +23
3/22/18; 3:51 PM EST = -8; signal line is +23
3/21/18; 3:59 PM EST = +6; signal line is +24
3/21/18; 11:48 AM EST = +22; signal line is +24
3/21/18; 9:54 AM EST = +6; signal line is +24
3/20/18; 2:34 PM EST = +22; signal line is +24
3/20/18; 2:03 PM EST = +6; signal line is +24
3/20/18; 10:34 AM EST = +22; signal line is +25
3/20/18; 10:12 AM EST = +6; signal line is +25
3/20/18; 9:44 AM EST = +22; signal line is +27
3/19/18; 11:38 AM EST = +6; signal line is +28
3/19/18; 10:12 AM EST = +22; signal line is +29; go short 2730; (Benchmark SPX for 2018 = +2.1%)(Keybot algo this trade = +1.9%; Keybot algo for 2018 = +1.7%)(Actual results this trade = +2.7%; Actual results for 2018 = +4.9%)

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