STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side near the end of the holiday-shortened Friday trading session at SPX 3142. Commodities are taken to the wood shed out back and beaten severely. GTX loses -2.6%. CRB drops -2.1%. Analysts proclaim that commodities are in an uptrend after a four-month rally but they are crushed in the Friday session. Copper drops but remains a hair in the bull camp. The bears are in charge with the algo number 7 points below the signal line.

Commodities and copper are controlling stock market direction. It is simple. Bulls need GTX back above 2447 (now at 2423) to regain the mantle of victory and send the SPX to more new record highs.

Bears need CPER to drop below 16.59 (now at 16.65) to send equities sharply lower. Note that the market makers moved the number off the ominous 16.66 since many folks in the financial industry are superstitious. Bears need copper futures to drop about -0.4%, call it a half-percent, so watch this closely overnight Sunday into Monday since it will tell you the direction of the US stock market when it opens for trading. Bears would also benefit from higher volatility.

If commodities (GTX) remains bearish, and copper (CPER) remains bullish, status quo, stocks will chop sideways.

On the last trade, that only started on Monday and ran to Friday, with Turkey Day in the middle, the Keybot the Quant program gains +0.3% and the actual trading gains +0.6%. Keybot exits SSO and enters QID remaining in the 2x leveraged ETF's.

The benchmark S&P 500 is up over +25% this year. The power of the Federal Reserve and the global central banker cabal is astounding. The world is awash in central bank liquidity for over a decade and all asset classes (stocks, bonds, real estate, vineyards, art, collectibles, antique cars, etc...) are continually pumped higher and higher, and higher, and higher. The actual trading by Keybot the Quant is up +40% this year clearly outperforming the SPX benchmark index as well as all its peers on Wall Street.

Keybot prints two pre-scheduled numbers this week one before the Friday opening bell and one after. Now we see what the bears got. Commodities and copper are controlling the broad stock market direction currently. If GTX flips back into the bull camp, consider the imminent turn to the long side to be in play. If copper fails into the bear camp, stocks will be dropping like rocks and the bears will be growling loudly. If copper fails and then the VIX pops above 15.10, the stock market is toast. The beat goes on.

12/8/19; 7:00 PM EST =

12/6/19; 10:00 AM EST =

12/6/19; 9:00 AM EST =
12/1/19; 7:00 PM EST EOM = +74; signal line is +81

11/29/19; 12:42 PM EST = +74; signal line is +81; go short 3142; (Benchmark SPX for 2019 = +25.3%)(Keybot algorithm program this trade = +0.3%; Keybot algo for 2019 = +19.4%)(Actual results this trade = +0.6%; Actual trading results for 2019 = +40.0%)
11/29/19; 10:34 AM EST = +74; signal line is +82 but algorithm remains long

11/26/19; 10:00 AM EST = +88; signal line is +82

11/25/19; 3:31 PM EST = +88; signal line is +82; go long 3133; (Benchmark SPX for 2019 = +25.0%)(Keybot algorithm program this trade = -0.6%; Keybot algo for 2019 = +19.1%)(Actual results this trade = -1.3%; Actual trading results for 2019 = +39.4%)