STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long after the historic triple whipsaw on Thursday. The algo prints another 8 numbers on Friday capping off a wild week of printing 50 numbers. The bulls are in control of the stock market direction with the algo number 51 points above the signal line. Despite this huge spread, the caution flag remains out. Watching the internal market parameters bouncing around like ping-pong balls and seeing the wild whipsaw flips in price action, and with the VIX only in the upper 20's and barely into the 30's (not yet extensively volatile), reinforces the notion that anything can happen going forward.

The utilities rally which is a big plus for the bulls. UTIL is at the 808 palindrome. Bulls need to tag the 828 palindrome next week to create more upside juice in the stock market. Bears need UTIL below 771 next week to create market mayhem. Banks, commodities and utes are in the bear camp so bulls need to see improvements in these sectors to send stocks higher. The beat goes on.

9/27/20; 7:00 PM EST =
9/25/20; 1:39 PM EST = +20; signal line is -31
9/25/20; 1:36 PM EST = +4; signal line is -31
9/25/20; 11:17 AM EST = -10; signal line is -31
9/25/20; 11:07 AM EST = -26; signal line is -30
9/25/20; 10:45 AM EST = -10; signal line is -29
9/25/20; 10:41 AM EST = -26; signal line is -28
9/25/20; 9:39 AM EST = -42; signal line is -28 but algorithm remains long
9/25/20; 9:36 AM EST = -26; signal line is -26 but algorithm remains long
9/24/20; 3:52 PM EST = -10; signal line is -24; go long 3248; (Benchmark SPX for 2020 = +0.5%)(Keybot algo this trade = -0.5%; Keybot algo for 2020 = +20.9%)(Actual trading results this trade = -0.3%; Actual trading results for 2020 = +38.5%)