Saturday, April 20, 2019

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algorithm idled along all last week without printing any numbers except for the Friday pre-scheduled number. The bulls are euphorically joyous celebrating each day by buying stocks at the ask. The quant remains pegged at the maximum +100 level representing the truly historic stock market and economic history currently being written.

Watch copper closely. Keybot is locked-on tracking the red metal as the most important parameter currently impacting broad stock market direction. Copper was down -1.6% on Thursday (last day of trading for the week) as investors were buying stocks with both fists.

US trading was closed on Friday and reopens on Monday. America and other nations are enjoying the Easter holiday weekend. Jewish folks are celebrating Passover. Investors are busy stuffing their fat faces with Peeps, chocolate bunnies, jelly beans and decorated hard-boiled Easter eggs; they will have to keep the Pepto-Bismol handy. 

4/21/19; 7:00 PM EST =
4/19/19; 9:00 AM EST = +100; signal line is +87
4/14/19; 7:00 PM EST = +100; signal line is +85

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