STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long after a fascinating day of market action. Keybot prints five numbers to kick off the new week of trading. The algo number is 19 points above the signal line so the market bulls are cruising higher.

The NYA Index pops higher at the open paving the way for market joy. However, utilities fail into the bear camp and financials oscillate between bullishness and bearishness. There are several moving parts determining market direction currently.

Note that the semiconductors, SOX, ran higher at the opening bell taking out the key 1358.33 line in the sand, but quickly retreated back to the bear camp a couple minutes after the opening bell. The SOX ends the day at 1358.03 only 30 cents below. Keybot is an amazing algorithm that foretells the market action before it occurs.

In addition, the banks, XLF, line in the sand is 27.27 and price closes at....... wait for it.... wait a bit longer for it...... 27.28 creating market bullishness. You should be in awe that the algorithm can identify these key levels before they occur. There is no other model that can perform such a feat.

Consider yourself fortunate to witness the drama first hand. Do not forget to support the site if you want the information to continue and this is not directed at anyone that has supported the site in the past--it is directed at you 10's of thousands of deadbeats out there (the KE Stone blogs are visited by a half million people per month). Pony a few bucks up since you will find no better model on the internet that guides you through the market action--especially you cheapskates at the large investment houses in New York, Chicago, London, Frankfurt and Tokyo that monitor this site daily. You have the money to throw a few bucks in the till. Do not be a freeloader.

For Tuesday, watch the financials, chips and utes to determine the path ahead. Bears need XLF under 27.27 immediately or they are going to have another rough day at the office. Bulls need SOX above 1358.33 and/or UTIL above 712.50 pronto to prove that up is the direction forward for equities. If semiconductors and utilities remain in the bear camp, the upside in equities will quickly run out of gas and reverse.

One or more of these three parameters will flinch and tell you the direction of the broad stock market forward. If the banks turn bearish, consider the caution flag to be back out in the title line. If the XLF oscillates above and below 27.27 during the Tuesday session a couple-few times, that will hint that the bears are pushing to flip the model negative. The beat goes on.

7/15/18; 7:00 PM EST =

7/13/18; 10:00 AM EST =

7/9/18; 3:34 PM EST = +52; signal line is +33

7/9/18; 3:20 PM EST = +36; signal line is +32

7/9/18; 2:41 PM EST = +52; signal line is +31
7/9/18; 1:34 PM EST = +36; signal line is +30
7/9/18; 9:36 AM EST = +52; signal line is +29

7/8/18; 7:00 PM EST = +38; signal line is +28