STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short at munch time yesterday (Friday, 7/24/20) at SPX 3213. There has been lots of drama and erratic price action but the bears are making a move. The bulls are shocked. Will they power lower next week or stumble and fall on their face? The bears are in control of the stock market with the algo number 21 points below the signal line.

Friday was a nutso day. Stocks were weak out of the gate but utilities ran strongly higher. As the morning continued, the utes crumbled and the important NYA index fell down the steps, triggering Keybot to flip short. The utilities and the NYA index are the only two market parameters that stand in the way of the bull's plans to keep the equity party alive.

UTIL fell below both the 828 and 835-ish levels creating stock market negativity. However, the 828 palindrome is now a worthless number and is replaced with 824. UTIL is at 826 so those pesky bulls are not going gentle into the night; they plan to battle on Monday morning. If UTIL remains at 826, above the important 824 number for all of next week, the bulls will stabilize the stock market. If UTIL drops below 824, especially at the opening bell, the stock market is in big trouble.

The stock market drama will continue on Monday only this time the bears are in charge. On the last trade that ran for over 3 weeks, the algo program gains +5% and the actual trading gains over +10%. On the year, the S&P 500 benchmark US stock market index is down -0.6%, call it flat for 2020 thus far, while the actual trading generated by the Keybot the Quant algorithm is up over +37%. Keybot exited SSO and entered QID. The quant remains in the 2x leveraged ETF's and QID is a short play on the Nasdaq/tech arena.

As always, watch for a whipsaw, but the bulls likely need either UTIL above 835-ish, or, UTIL above 824 with NYA above 12470 to coax the algorithm to flip back to the bull side. Will Monday be a Black Monday?

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

7/24/20; 12:54 PM EST = +26; signal line is +47

7/24/20; 12:39 PM EST = +42; signal line is +47

7/24/20; 12:08 PM EST = +26; signal line is +47; go short 3213; (Benchmark SPX for 2020 = -0.6%)(Keybot algo this trade = +5.0%; Keybot algo for 2020 = +25.8%)(Actual trading results this trade = +10.3%; Actual trading results for 2020 = +37.4%)

7/24/20; 11:46 AM EST = +40; signal line is +47 but algorithm remains long

7/24/20; 10:00 AM EST = +56; signal line is +47

7/24/20; 9:42 AM EST = +72; signal line is +46

7/23/20; 1:48 PM EST = +56; signal line is +44
7/23/20; 1:36 PM EST = +72; signal line is +43

7/23/20; 1:25 PM EST = +56; signal line is +41
7/23/20; 1:11 PM EST = +72; signal line is +39

7/23/20; 12:49 PM EST = +56; signal line is +38

7/23/20; 12:27 PM EST = +72; signal line is +37

7/23/20; 12:02 PM EST = +56; signal line is +36

7/23/20; 11:43 AM EST = +72; signal line is +34
7/22/20; 12:54 PM EST = +56; signal line is +32
7/22/20; 12:35 PM EST = +40; signal line is +31

7/22/20; 12:06 PM EST = +56; signal line is +30

7/21/20; 9:36 AM EST = +40; signal line is +28

7/20/20; 10:18 AM EST = +26; signal line is +27 but algorithm remains long

7/20/20; 10:03 AM EST = +12; signal line is +27 but algorithm remains long

7/20/20; 9:40 AM EST = +26; signal line is +26 but algorithm remains long

7/19/20; 7:00 PM EST = +42; signal line is +25
7/17/20; 10:00 AM EST = +42; signal line is +23
7/17/20; 9:00 AM EST = +42; signal line is +22

7/14/20; 9:44 AM EST = +42; signal line is +20
7/14/20; 9:36 AM EST = +28; signal line is +18

7/12/20; 7:00 PM EST = +42; signal line is +17
7/10/20; 12:55 PM EST = +42; signal line is +16

7/8/20; 10:14 AM EST = +26; signal line is +14

7/8/20; 10:07 AM EST = +42; signal line is +13
7/7/20; 9:37 AM EST = +26; signal line is +12

7/6/20; 9:36 AM EST = +42; signal line is +11
7/5/20; 7:00 PM EST = +26; signal line is +9
7/2/20; 1:11 PM EST = +26; signal line is +8

7/2/20; 12:42 PM EST = +12; signal line is +7

7/2/20; 11:58 AM EST = +26; signal line is +7

7/2/20; 10:51 AM EST = +12; signal line is +7

7/2/20; 10:28 AM EST = +28; signal line is +8

7/2/20; 9:38 AM EST = +42; signal line is +8

7/2/20; 9:36 AM EST = +28; signal line is +6
7/2/20; 9:00 AM EST = +12; signal line is +6

7/1/20; 10:41 AM EST = +12; signal line is +5

7/1/20; 9:40 AM EST = +28; signal line is +5

6/30/20; 7:00 PM EST EOM EOQ2 EOH1 = +12; signal line is +4

6/30/20; 10:00 AM EST = +12; signal line is +3

6/30/20; 9:37 AM EST = +7; signal line is +1; go long 3059; (Benchmark SPX for 2020 = -5.3%)(Keybot algo this trade = +0.3%; Keybot algo for 2020 = +20.8%)(Actual trading results this trade = -0.3%; Actual trading results for 2020 = +27.1%)