Monday, April 16, 2018

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish as the stock market chops along. Keybot is active to begin the week printing eight numbers in the Monday session. The bulls are in charge with the algo number comfortably 26 points above the signal line.

There are many parameters impacting stock market direction currently. Boiling it down as simple as possible, the bulls need lower volatility and higher banks, retail stocks and utilities.

The market bears need weaker copper and semiconductors. Use the bull-bear lines in the sand for the chips at SOX 1331.50 and for copper at JJCTF 34.86 as the key parameters to follow to determine broad stock market direction. SOX begins the Tuesday session at 1332.52 creating stock market bullishness. JJCTF begins at 34.89 only 3 pennies on the bull side.

Bears win big if SOX slips below 1331.50 or if JJCTF falls below 34.86. If semi's or copper climb higher, the stock market is going to rally strongly higher.

Keybot likely needs to see both the chips and copper to fail, and for the SPX to drop below 2665, to flip the model short. If either SOX or JJCTF flip bearish, consider the imminent turn to the short side to be on the table.

Keybot prints one pre-scheduled number this week Tuesday (tomorrow) morning. The beat goes on.

4/22/18; 7:00 PM EST =
4/17/18; 9:00 AM EST =
4/16/18; 3:48 PM EST = +22; signal line is -4
4/16/18; 3:41 PM EST = +6; signal line is -6
4/16/18; 3:12 PM EST = -10; signal line is -7 but the algorithm remains long
4/16/18; 1:21 PM EST = +6; signal line is -8
4/16/18; 12:14 PM EST = +22; signal line is -9
4/16/18; 10:52 AM EST = +6; signal line is -11
4/16/18; 10:33 AM EST = +22; signal line is -12
4/16/18; 9:36 AM EST = +6; signal line is -14
4/15/18; 7:00 PM EST = -10; signal line is -16
4/13/18; 3:07 PM EST = -10; signal line is -16
4/13/18; 11:31 AM EST = +6; signal line is -16
4/13/18; 11:05 AM EST = -10; signal line is -17
4/13/18; 10:54 AM EST = +6; signal line is -17
4/13/18; 10:30 AM EST = -10; signal line is -18
4/13/18; 10:00 AM EST = +6; signal line is -18
4/12/18; 10:06 AM EST = +6; signal line is -19
4/12/18; 9:36 AM EST = -10; signal line is -20
4/10/18; 9:36 AM EST = +6; signal line is -20; go long 2645; (Benchmark SPX for 2018 = -1.1%)(Keybot algo this trade = -0.8%; Keybot algo for 2018 = +3.8%)(Actual results this trade = -0.9%; Actual results for 2018 = +9.0%)

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