STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long; the beat goes on. Everyday is a par-tay. The SPX begins the week at record highs a hair from 3330. The bulls are in charge with the algo number 23 points above the signal line. The quant is pegged at the +100 maximum ceiling; these are historic and epic market times that will be talked about for years to come. Keybot cannot move any higher; it is at maximum bullish euphoria.

The two parameters most impacting broad stock market direction are commodities and volatility. Both are in the bull camp right now creating upside joy for equities. Bears need GTX below 2513 and VIX above 13.70. Either parameter turning bearish will immediately stop the stock market rally. If both remain bullish, stocks will continue floating higher and producing more record highs.

The imminent turn notation is not in the title line since the bulls are cruising, however, if both of the parameters above turn bearish, and if the SPX dips below 3319 trending lower, Keybot will likely flip short. If 1 of the 2 parameters turn bearish, consider the 'imminent turn' to the short side to be in play and it will appear in the title line again.

US markets are closed tomorrow (Monday) for Dr Martin Luther King Day, or MLK Day so a four-day holiday-shortened week is ahead. Keybot does not print any pre-scheduled numbers this week.

1/26/20; 7:00 PM EST =

1/19/20; 7:00 PM EST = +100; signal line is +77

1/17/20; 10:00 AM EST = +100; signal line is +76