STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is long after a wild whipsaw day in the stock market. S&P futures were down big, -65 points or so, early Monday morning and the sogginess fed through the day. You knew some crazy stuff was afoot and it arrived in spades yesterday. Pandemonium. Keybot flipped short after the opening bell and that whipsawed back to the long side at the closing bell bookending the day. The stock market is a coin-toss with the algo number and signal line both sitting at +6.

There are many market parameters sitting at their bull-bear lines in the sand so the imminent turn notation remains in the title line and do not be surprised at another whipsaw back to the short side again. S&P futures are down -12 points with the VIX at 28.47 about 5-1/2 hours before the opening bell for the Tuesday session on Wall Street.

Bulls need lower volatility and stronger commodities and banks. Bulls need VIX below 27.48 or they got nothing.

Bears need weaker utilities, chips and retail stocks. Bears need UTIL below 793 and SOX below 2140.80 to create stock market negativity.

On the 5-day trade, the quant program loses -5.1% and the actual trading loses -9.5%. It is interesting because if the price action was one-minute either way on 9/16/20, Keybot would not have flipped long. Every now and then the robot is snared in a bull or bear trap. Keybot exited SSO and entered SDS. On yesterday's trade that lasted all of 6 hours or so, a whipsaw, the quant program loses a percent and the actual trading loses a percent. Keybot exits SDS and enters SPY dropping into the single 1x ETF's due to the whipsaw. The quant will trade the 1x ETF's for at least the next 30 days to lessen risk in these volatile markets. For the year, the benchmark S&P 500 is up +1.6%, basically flat. The Keybot the Quant algorithm program is up +23.2% on the year and the actual trading generated by Keybot is up +40.3% in 2020 giving back about -10% over the last week.

9/27/20; 7:00 PM EST =
9/21/20; 3:59 PM EST = +6; signal line is +6; go long 3282; (Benchmark SPX for 2020 = +1.6%)(Keybot algo this trade = -0.9%; Keybot algo for 2020 = +23.2%)(Actual trading results this trade = -1.2%; Actual trading results for 2020 = +40.3%)
9/21/20; 3:28 PM EST = -26; signal line is +7
9/21/20; 1:59 PM EST = -42; signal line is +8
9/21/20; 1:17 PM EST = -26; signal line is +11
9/21/20; 1:03 PM EST = -42; signal line is +13
9/21/20; 12:07 PM EST = -26; signal line is +15
9/21/20; 11:23 AM EST = -42; signal line is +18
9/21/20; 10:47 AM EST = -26; signal line is +20
9/21/20; 10:18 AM EST = -42; signal line is +22
9/21/20; 9:36 AM EST = -28; signal line is +23; go short 3255; (Benchmark SPX for 2020 = +0.7%)(Keybot algo this trade = -5.1%; Keybot algo for 2020 = +24.1%)(Actual trading results this trade = -9.5%; Actual trading results for 2020 = +41.5%)
9/21/20; 3:06 AM EST = +20; signal line is +25 but algorithm remains long
9/20/20; 7:00 PM EST = +34; signal line is +24
9/18/20; 1:53 PM EST = +34; signal line is +23
9/18/20; 1:50 PM EST = +20; signal line is +22 but algorithm remains long
9/18/20; 1:42 PM EST = +4; signal line is +22 but algorithm remains long
9/18/20; 1:32 PM EST = +18; signal line is +22 but algorithm remains long
9/18/20; 10:00 AM EST = +34; signal line is +22
9/17/20; 3:15 PM EST = +34; signal line is +21
9/17/20; 3:07 PM EST = +20; signal line is +20 but algorithm remains long
9/17/20; 2:49 PM EST = +34; signal line is +20
9/17/20; 2:35 PM EST = +20; signal line is +19
9/17/20; 1:36 PM EST = +34; signal line is +19
9/17/20; 1:21 PM EST = +20; signal line is +19
9/17/20; 1:01 PM EST = +34; signal line is +20
9/17/20; 12:16 PM EST = +20; signal line is +19
9/17/20; 9:57 AM EST = +34; signal line is +17
9/17/20; 9:00 AM EST = +20; signal line is +16
9/17/20; 4:55 AM EST = +20; signal line is +17
9/17/20; 4:29 AM EST = +34; signal line is +18
9/17/20; 3:06 AM EST = +20; signal line is +18
9/16/20; 2:40 PM EST = +34; signal line is +19; go long 3429; (Benchmark SPX for 2020 = +6.1%)(Keybot algo this trade = +2.3%; Keybot algo for 2020 = +29.2%)(Actual trading results this trade = +8.2%; Actual trading results for 2020 = +51.0%)