STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side on Friday at SPX 2878. President Trump jerks the stock market to and fro with his US-China trade war comments. Retail stocks, chips and commodities all failed on Friday but then recovered as the session played out. Copper, volatility and commodities are the three most important parameters impacting stock market direction currently.

On the last trade which began with the month, the algo gains +1.6% while the actual trading gains nearly +5% benefiting from the QID play that is a 2x ETF moving twice as fast higher when tech stops are dropping. Keybot exits QID and enters UWM a 2x ETF that is long the small caps (caution is warranted since UWM is somewhat thinly traded). After 4-1/2 months this year, the benchmark S&P 500 index is up +15%, the Keybot algo program is up +11% and the actual trading generated by the Keybot algo is up a huge +24%.

Keybot prints two pre-scheduled numbers in the week ahead one on Thursday the other Friday. Bulls need stronger copper (CPER) and lower volatility (VIX) to take stocks higher while bears need weaker commodities (GTX) to flip the model back to the short side. The beat goes on.

5/19/19; 7:00 PM EST =

5/17/19; 10:00 AM EST =

5/16/19; 9:00 AM EST =

5/12/19; 7:00 PM EST =

5/10/19; 3:06 PM EST = +70; signal line is +63; go long 2878; (Benchmark SPX for 2019 = +14.8%)(Keybot algorithm program this trade = +1.6%; Keybot algo for 2019 = +11.3%)(Actual results this trade = +4.7%; Actual trading results for 2019 = +23.5%)

5/10/19; 1:26 PM EST = +70; signal line is +64 but algorithm remains short

5/10/19; 1:11 PM EST = +54; signal line is +65

5/10/19; 10:54 AM EST = +38; signal line is +67

5/10/19; 10:46 AM EST = +24; signal line is +69

5/10/19; 10:23 AM EST = +38; signal line is +71
5/10/19; 10:16 AM EST = +54; signal line is +73
5/9/19; 3:30 PM EST = +70; signal line is +74

5/9/19; 2:07 PM EST = +56; signal line is +75

5/9/19; 12:57 PM EST = +70; signal line is +77

5/9/19; 12:37 PM EST = +56; signal line is +78

5/9/19; 12:24 PM EST = +40; signal line is +79

5/9/19; 9:51 AM EST = +24; signal line is +82

5/9/19; 9:44 AM EST = +40; signal line is +84

5/9/19; 9:36 AM EST = +56; signal line is +86

5/8/19; 9:54 AM EST = +70; signal line is +87
5/7/19; 9:36 AM EST = +56; signal line is +88
5/7/19; 3:35 AM EST = +70; signal line is +89

5/6/19; 2:49 PM EST = +84; signal line is +89

5/6/19; 9:44 AM EST = +70; signal line is +89

5/6/19; 9:36 AM EST = +56; signal line is +89

5/6/19; 3:06 AM EST = +70; signal line is +90

5/5/19; 7:00 PM EST = +84; signal line is +91

5/3/19; 9:00 AM EST = +84; signal line is +90

5/1/19; 3:59 PM EST = +84; signal line is +91; go short 2924; (Benchmark SPX for 2019 = +16.6%)(Keybot algorithm program this trade = -0.4%; Keybot algo for 2019 = +9.7%)(Actual results this trade = -0.6%; Actual trading results for 2019 = +18.8%)