STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the band plays on. The SPX prints a new all-time record high at 3227.78 and new all-time closing high at 3224.01. The bears are running for their lives leaving the coal in their stockings behind. Keybot did not print any numbers in the Monday session and the algo number remains 31 points above the signal line with the bulls running the show.

The bulls want the stock market joy to continue into 2020 as the Santa Claus Rally period begins. The quant is tracking volatility and the retail stocks as the two key parameters controlling market direction currently.

Bears need VIX above 14.58 and/or RTH below 118.70. If one parameter turns bearish, the caution flag will be out. If both turn bearish, the imminent turn to the short side will be in play. If both turn bearish, and the SPX drops below 3222, Keybot may flip short. If both parameters remain bullish, stocks will float higher into 2020.

Tomorrow is Christmas Eve and an early close at 1 PM EST. Usually, the day is a low volume quiet session, however, in recent years, the holiday days sometimes prove quite volatile. It actually will not take much for the VIX to spike and retail stocks to drop so keep your eyes open.

The central bankers are busy behind the scenes. The Fed is pumping money into the markets to make sure a liquidity event does not occur at the end of the year. The PBOC promises to keep cutting reserve requirement ratio's (RRR's; the triple R's) for banks. Never forget; the central bankers are the market. The beat goes on. Happy Holidays.

12/29/19; 7:00 PM EST =

12/22/19; 7:00 PM EST = +88; signal line is +57