STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short yesterday afternoon at SPX 5544. The semiconductors collapsed sending the broad stock market lower. SOX was bludgeoned creating market angst. The bears are back in charge of stock market direction but the algo number is only 11 points below the signal line.

Bears likely need retail stocks to fall apart to create more negativity and the robot is tracking the RTH 206.25 bull/bear line in the sand. Price starts at 208.64 today only a percent on the bull side. If RTH loses 206.25, the broad stock market will deteriorate further. Watch AMZN.

Obviously, bulls need the chips to recover but they are severely beaten and lying behind the dumpster in the alleyway. RTH 206.25 will dictate if the bears will growl more or if stocks will stumble sideways into the critical US Monthly Job Report on Friday morning.

On the last trade, that ran for a couple weeks, the quant program and actual trading generated by the quant each post marginal gains. For the year, now two-thirds complete, the benchmark S&P 500 is up +16%. The Keybot the Quant program is up +6% and the actual trading is up +11% underperforming the broad market by about 5 percentage points. Keybot exited SSO and entered SDS.

9/8/24; 7:00 PM EST =
9/6/24; 9:00 AM EST =
9/3/24; 2:04 PM EST = +2; signal line is +13; go short 5544; (Benchmark SPX for 2024 = +16.2%)(Keybot algo this trade = +0.4%; Keybot algo for 2024 = +6.2%)(Actual results this trade = +0.6%; Actual results for 2024 = +11.4%)
9/3/24; 9:36 AM EST = +2; signal line is +14 but algorithm remains long
9/1/24; 7:00 PM EST EOM = +18; signal line is +14
8/30/24; 3:59 PM EST = +18; signal line is +14
8/30/24; 11:02 AM EST = +2; signal line is +14 but algorithm remains long
8/30/24; 10:36 AM EST = +18; signal line is +14
8/30/24; 10:26 AM EST = +2; signal line is +15 but algorithm remains long
8/30/24; 10:00 AM EST = +18; signal line is +15
8/30/24; 9:47 AM EST = +18; signal line is +16
8/29/24; 2:16 PM EST = +2; signal line is +16 but algorithm remains long
8/29/24; 1:58 PM EST = +18; signal line is +17
8/29/24; 1:17 PM EST = +2; signal line is +17 but algorithm remains long
8/29/24; 11:43 AM EST = +18; signal line is +18
8/29/24; 11:26 AM EST = +2; signal line is +18 but algorithm remains long
8/29/24; 10:49 AM EST = +18; signal line is +19 but algorithm remains long
8/29/24; 10:21 AM EST = +2; signal line is +19 but algorithm remains long
8/29/24; 10:02 AM EST = +18; signal line is +19 but algorithm remains long
8/28/24; 9:53 AM EST = +2; signal line is +19 but algorithm remains long
8/28/24; 9:36 AM EST = +18; signal line is +19 but algorithm remains long
8/27/24; 12:36 PM EST = +34; signal line is +18
8/27/24; 11:31 AM EST = +18; signal line is +16
8/27/24; 11:02 AM EST = +34; signal line is +14
8/27/24; 10:00 AM EST = +18; signal line is +13
8/26/24; 12:45 PM EST = +17; signal line is +11
8/26/24; 12:28 PM EST = +1; signal line is +10 but algorithm remains long
8/26/24; 12:20 PM EST = +17; signal line is +9
8/26/24; 11:03 AM EST = +1; signal line is +8 but algorithm remains long
8/26/24; 10:36 AM EST = +17; signal line is +6
8/26/24; 9:36 AM EST = +33; signal line is +5
8/25/24; 7:00 PM EST = +17; signal line is +3
8/23/24; 9:36 AM EST = +17; signal line is +2
8/22/24; 3:28 PM EST = +1; signal line is +1 but algorithm remains long
8/20/24; 3:06 AM EST = +17; signal line is -1
8/19/24; 10:51 AM EST = +31; signal line is -2
8/19/24; 3:06 AM EST = +17; signal line is -4
8/18/24; 7:00 PM EST = +31; signal line is -5
8/16/24; 3:59 PM EST = +31; signal line is -7
8/16/24; 3:35 PM EST = +17; signal line is -8
8/16/24; 2:41 PM EST = +31; signal line is -8
8/16/24; 1:56 PM EST = +17; signal line is -9
8/16/24; 11:45 AM EST = +31; signal line is -11
8/16/24; 10:00 AM EST = +17; signal line is -12
8/16/24; 9:00 AM EST = +17; signal line is -12
8/15/24; 10:37 AM EST = +17; signal line is -13; go long 5520; (Benchmark SPX for 2024 = +15.7%)(Keybot algo this trade = +1.7%; Keybot algo for 2024 = +5.8%)(Actual results this trade = +3.3%; Actual results for 2024 = +10.8%)