Keybot the Quant remains long as the bulls runs stocks higher into the 3-day weekend as usually occurs. Markets are closed Monday for MLK Day. The POTUS inauguration is Monday and King Donnie's executive order decrees will impact stocks on Tuesday morning.
The bulls are in control of the stock market with the algo number 23 points above the signal line. Bulls need XRT above 79.62 to prove that they got game for more gains. Despite the Friday rally, bulls fell short of this goal.
Bears need higher volatility and weaker banks and semiconductors. Bears need VIX above 17.29, XLF below 48.57 and/or SOX below 5100. All 3 are firmly in the bull camp so the bears got work to do. In addition, bears likely need 2 of the 3 metrics to turn negative to place the quant in position to go short.
Keybot prints one pre-scheduled number this week on Friday morning. Retail stocks (AMZN, WMT, TGT, etc...), banks, chips and vol are controlling stock market direction currently. Nothing Else Matters.
1/26/25;
7:00 PM EST =
1/24/25;
10:00 AM EST =
1/19/25;
7:00 PM EST = +30; signal line
is +7
1/17/25; 9:00 AM EST = +30; signal line is +6
1/15/25; 9:36 AM EST = +30; signal line is +5; go long 5920;
(Benchmark SPX for 2025 = +0.7%)(Keybot algo this trade = -0.6%; Keybot algo
for 2025 = -4.0%)(Actual results this trade = -0.3%; Actual results for 2025 =
-2.7%)
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