Sunday, August 12, 2018

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is on the short side from Friday afternoon. As always, stay alert for a potential whipsaw. The stock market bulls need a recovery in the chips to nullify Friday's negativity. Bulls need SOX above 1362.05 (now at 1354.80). Watch this closely after the opening bell since it will tell you the market story for Monday. Bulls will also benefit if commodities rally with the GTX above 2710 (now at 2686.23).

Bears will benefit from weaker banks, weaker NYA Index and/or higher volatility, XLF below 27.58 (now at 27.97), NYA below 12728 (now at 12843) and/or VIX above 14.46 (now at 13.16), respectively. The five parameters above dictate the stock market direction going forward.

Keybot prints two pre-scheduled numbers this week one on Thursday morning and the other on Friday morning. The beat goes on.

8/19/18; 7:00 PM EST =
8/17/18; 10:00 AM EST =
8/16/18; 9:00 AM EST =
8/12/18; 7:00 PM EST = +54; signal line is +72
8/10/18; 2:31 PM EST = +54; signal line is +72; go short 2827; (Benchmark SPX for 2018 = +5.7%)(Keybot algorithm program this trade = +3.3%; Keybot algo for 2018 = +6.2%)(Actual results this trade = +6.6%; Actual trading results for 2018 = +14.4%)

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