STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side this morning at SPX 3812. Utilities remain weak which cast a pall upon the markets. The VIX poking up through 24.64 caused the flush lower in equities. Stocks recover and the bulls just pull volatility lower back into their camp. Bears need VIX 24.64 and higher to create market carnage. Weaker copper and banks would also help, say a couple percent loss in either will create a down leg in the broad stock market. First thing is first, however, so the bears have to move VIX above 24.64.

The Fed meeting is this week and presser on Wednesday and stocks usually rally into the Fed decision since they always decide to print more money. 

On the last trade, the algo program gains a couple percent and the actual trading gains nearly four percent. The benchmark S&P 500 Index is up +1.5% this year thus far. The algo program is up a couple percent this year thus far and the actual trading is up over +4% thus far. Keybot exits SSO and enters SDS remaining in the double-leveraged ETF's. Watch VIX 24.64; it is all that matters today and early this week. VIX is at 24.11. The Fed's jackboots are on Uncle VIX's neck right now holding him down so the wealthy can enjoy higher stock prices.

1/31/21; 7:00 PM EST EOM =
1/29/21; 10:00 AM EST =
1/26/21; 10:00 AM EST =
1/25/21; 11:49 AM EST = +51; signal line is +58
1/25/21; 11:08 AM EST = +37; signal line is +58
1/25/21; 11:07 AM EST = +51; signal line is +60; go short 3812; (Benchmark SPX for 2021 = +1.5%)(Keybot algo this trade = +1.8%; Keybot algo for 2021 = +2.1%)(Actual results this trade = +3.7%; Actual results for 2021 = +4.3%)
1/24/21; 7:00 PM EST = +51; signal line is +60 but algorithm remains long
1/21/21; 9:00 AM EST = +51; signal line is +61 but algorithm remains long
1/19/21; 9:36 AM EST = +51; signal line is +61 but algorithm remains long
1/17/21; 7:00 PM EST = +67; signal line is +62
1/15/21; 10:00 AM EST = +67; signal line is +62
1/12/21; 1:17 PM EST = +67; signal line is +61
1/12/21; 12:56 PM EST = +51; signal line is +61 but algorithm remains long
1/12/21; 12:48 PM EST = +67; signal line is +62
1/12/21; 12:12 PM EST = +51; signal line is +62 but algorithm remains long
1/10/21; 7:00 PM EST = +67; signal line is +63
1/8/21; 9:00 AM EST = +67; signal line is +63
1/6/21; 3:59 PM EST = +67; signal line is +63
1/6/21; 2:53 PM EST = +53; signal line is +64 but algorithm remains long
1/6/21; 10:10 AM EST = +67; signal line is +64; go long 3745; (Benchmark SPX for 2021 = +0.3%)(Keybot algo this trade = +0.3%; Keybot algo for 2021 = +0.3%)(Actual results this trade = +0.6%; Actual results for 2021 = +0.6%)