STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the bull camp at 1 PM EST yesterday at SPX 3041. King Donnie and Prince Powell saved the day with the Federal Reserve promising to start buying individual corporate bonds and the president promising a $1 trillion infrastructure bill. The stock market is always saved to protect the wealthy class that own huge equity portfolios. Isn't the phony baloney crony capitalism system a hoot?

The banks failed out of the gate yesterday paving the way for the carnage. The SPX lost the critical 3K level, which blows through all technical support in all time frames, so it was lights out for the stock market. That is why Trump and Powell panicked and started handing out Christmas candy and they beat the devil back from the door again.

The SPX launches like a rocket intraday. The banks jump back into the bull's easy-money feather bed and then volatility was jammed lower to keep stocks elevated. Bulls need stronger utilities and commodities so watch those tickers to see if there is any additional upside juice there.

Bears need VIX above 36.42 or they got nothing. Bulls will remain in charge of the stock market direction as long as the VIX remains below 36.42. The VIX is trading at 34.11 as this post is typed 6 hours before the opening bell for the regular Tuesday US trading session so bears need to move the VIX 2 figures higher if they want to growl again. Bears also need weaker banks. Bears need the XLF below 23.52 to gain downside strength.

On the last trade, that ran for barely a week, the quant program gains +5% and the actual trading generated by the robot gains +10%. The benchmark S&P 500 index is down -6% on the year losing -5% over the last week. The Keybot the Quant algo program is +20% on the year and the actual trading generated by Keybot is up over +26% in 2020. The actual trading returns +30% over the last couple months riding the market up and then down. Keybot exits SDS and enters SSO remaining in the 2x ETF's. The beat goes on.

6/21/20; 7:00 PM EST =

6/17/20; 9:00 AM EST =

6/15/20; 12:59 PM EST = +7; signal line is -7; go long 3041; (Benchmark SPX for 2020 = -5.9%)(Keybot algo this trade = +5.0%; Keybot algo for 2020 = +19.6%)(Actual trading results this trade = +9.6%; Actual trading results for 2020 = +26.1%)

6/15/20; 12:53 PM EST = +7; signal line is -7 but algorithm remains short

6/15/20; 11:07 AM EST = -7; signal line is -6

6/15/20; 10:52 AM EST = -23; signal line is -4

6/15/20; 10:28 AM EST = -37; signal line is -2

6/15/20; 10:14 AM EST = -23; signal line is -0

6/15/20; 9:36 AM EST = -37; signal line is +2

6/14/20; 7:00 PM EST = -7; signal line is +5

6/12/20; 2:31 PM EST = -7; signal line is +7

6/12/20; 2:15 PM EST = -21; signal line is +9

6/12/20; 1:52 PM EST = -37; signal line is +11
6/12/20; 1:51 PM EST = -21; signal line is +13
6/12/20; 10:18 AM EST = -7; signal line is +15

6/12/20; 10:08 AM EST = +7; signal line is +15

6/12/20; 10:00 AM EST = -7; signal line is +16
6/12/20; 9:55 AM EST = -7; signal line is +17

6/12/20; 9:46 AM EST = +7; signal line is +18

6/12/20; 9:36 AM EST = -7; signal line is +19
6/11/20; 2:58 PM EST = -23; signal line is +20

6/11/20; 2:07 PM EST = -7; signal line is +21
6/11/20; 2:00 PM EST = +7; signal line is +22

6/11/20; 1:44 PM EST = -7; signal line is +22

6/11/20; 1:21 PM EST = +7; signal line is +23

6/11/20; 12:54 PM EST = -7; signal line is +23
6/9/20; 3:59 PM EST = +7; signal line is +24

6/9/20; 12:45 PM EST = +21; signal line is +24

6/9/20; 11:43 AM EST = +7; signal line is +23

6/9/20; 10:52 AM EST = +21; signal line is +23

6/9/20; 9:58 AM EST = +7; signal line is +21; go short 3200; (Benchmark SPX for 2020 = -1.0%)(Keybot algo this trade = +12.0%; Keybot algo for 2020 = +14.6%)(Actual trading results this trade = +20.3%; Actual trading results for 2020 = +16.5%)