Saturday, May 4, 2019

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the joyous Friday trading session plays out. Keybot does not print any numbers during the trading day. The stock market bears are in control with the algo number 6 points below the signal line.

 The jobs data shows ongoing lackluster wage growth so inflation will not occur and the Federal Reserve can maintain accomodative monetary policy indefinitely. Stocks leap higher.

Copper, however, remains in the bear camp. Commodities remain in the bull camp. This battle will determine who wins next week.

5/5/19; 7:00 PM EST =
5/3/19; 9:00 AM EST = +84; signal line is +90
Posted by Keybot the Quant™ at 5/04/2019 03:09:00 AM

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