Wednesday, November 20, 2019

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant flips to the short side this morning at the SPX 3113 palindrome. The S&P 500 continues bumping along sideways ever since. The bulls jam commodities higher to try and save the day but stocks remain soggy and the quant remains short. The Impeachment Hearings against President Trump continue with Ambassador Sondland testifying and the stock market idles sideways.

The bears need GTX below 2446, CPER below 16.59 and/or VIX above 15.12 to prove that down is the correct direction ahead. As always, stay alert for a potential whipsaw move back to the long side. The bull-bear battle continues since the algo flips short but is already champing at the bit to whipsaw long again. Time will tell. Bears need one of those three parameters to fail and they will comfortably start walking the stock market lower. If status quo continues, the bulls will slowly regain strength.

On the last trade, which lasted about 6 weeks, the rally was huge. The Keybot algo program gains over +6% while the actual trading gains +13%! The benchmark SPX index is up an astounding +24.2% this year. Wow. Even more impressive is the Keybot the Quant actual trading up almost +41% this year obviously outperforming every quant model on Wall Street. Keybot is a smart robot. The quant exits SSO and enters SDS remaining in the 2x ETF's. Let's see if down is the way forward for stocks or if a whipsaw is on tap over the next day.

11/24/19; 7:00 PM EST =
11/22/19; 10:00 AM EST =
11/20/19; 11:01 AM EST = +88; signal line is +80 but algorithm remains short
11/20/19; 10:25 AM EST = +74; signal line is +79; go short 3113; (Benchmark SPX for 2019 = +24.2%)(Keybot algorithm program this trade = +6.3%; Keybot algo for 2019 = +19.7%)(Actual results this trade = +13.0%; Actual trading results for 2019 = +40.7%)
11/19/19; 9:36 AM EST = +74; signal line is +79 but algorithm remains long
11/19/19; 9:00 AM EST = +72; signal line is +79 but algorithm remains long
11/18/19; 9:36 AM EST = +72; signal line is +79 but algorithm remains long
11/17/19; 7:00 PM EST = +88; signal line is +79
11/15/19; 10:56 AM EST = +88; signal line is +79
11/13/19; 10:36 AM EST = +72; signal line is +79 but algorithm remains long
11/13/19; 10:21 AM EST = +88; signal line is +79
11/12/19; 3:36 PM EST = +72; signal line is +78 but algorithm remains long
11/10/19; 7:00 PM EST = +88; signal line is +78
11/8/19; 10:00 AM EST = +88; signal line is +78
11/3/19; 7:00 PM EST = +88; signal line is +78
11/1/19; 9:36 AM EST = +88; signal line is +77
11/1/19; 9:00 AM EST = +74; signal line is +76 but algorithm remains long
10/31/19; 7:00 PM EST EOM = +74; signal line is +76 but algorithm remains long
10/31/19; 9:48 AM EST = +74; signal line is +75 but algorithm remains long
10/29/19; 10:00 AM EST = +88; signal line is +74
10/27/19; 7:00 PM EST = +88; signal line is +72
10/25/19; 10:00 AM EST = +88; signal line is +70
10/23/19; 10:33 AM EST = +88; signal line is +67
10/22/19; 11:46 AM EST = +74; signal line is +64
10/22/19; 10:52 AM EST = +88; signal line is +61
10/20/19; 7:00 PM EST = +74; signal line is +59
10/18/19; 10:32 AM EST = +74; signal line is +56
10/18/19; 9:36 AM EST = +88; signal line is +54
10/17/19; 9:00 AM EST = +58; signal line is +50
10/15/19; 11:55 AM EST = +58; signal line is +48
10/15/19; 11:06 AM EST = +74; signal line is +45
10/15/19; 9:36 AM EST = +58; signal line is +42
10/14/19; 9:36 AM EST = +74; signal line is +40
10/14/19; 9:20 AM EST = +88; signal line is +37
10/14/19; 5:26 AM EST = +74; signal line is +33
10/13/19; 7:00 PM EST = +88; signal line is +30
10/11/19; 1:46 PM EST = +88; signal line is +27
10/11/19; 12:40 PM EST = +74; signal line is +24
10/11/19; 11:57 AM EST = +60; signal line is +23
10/11/19; 11:53 AM EST = +74; signal line is +22
10/11/19; 11:25 AM EST = +88; signal line is +20
10/11/19; 10:58 AM EST = +74; signal line is +18
10/11/19; 10:46 AM EST = +60; signal line is +16
10/11/19; 10:08 AM EST = +74; signal line is +14
10/11/19; 10:00 AM EST = +60; signal line is +11
10/11/19; 9:36 AM EST = +58; signal line is +9
10/10/19; 2:06 PM EST = +26; signal line is +6
10/10/19; 11:21 AM EST = +42; signal line is +5
10/10/19; 9:57 AM EST = +26; signal line is +4
10/9/19; 3:33 PM EST = +12; signal line is +3; go long 2928; (Benchmark SPX for 2019 = +16.8%)(Keybot algorithm program this trade = +2.1%; Keybot algo for 2019 = +13.4%)(Actual results this trade = +3.5%; Actual trading results for 2019 = +27.7%)

Note Added 1:09 PM EST: Whoopsies daisies. The news wires say the US-China trade deal hits a snag so stocks collapse. The SPX is down 23 points, -0.7%, to 3097 now sub 3.1K. The three parameters mentioned above, however, remains bullish. Bears need to turn at least one of them negative.

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