Keybot the Quant remains short with the bears hitting cruise control with the algo number 39 points below the signal line. Retail stocks and banks both failed on Friday flushing the stock market down the toilet, but all of you knew that ahead of time, and what to watch.
Watch the XRT 78.03 and XLF 51.67 lines in the sand. The bulls have zero hope for stocks if both remain in the bear camp. If 1 of the 2 turn bullish, it shows that the bulls are fighting back and making a little bit of progress but they need both to turn bullish to stage a real comeback.
Copper creates a pall on commodities and bears need GTX to drop below 3755 to create more stock market negativity. A couple other metrics you can watch that are starting to take on importance are SOX 5383 and NYA 19675. Both would need to drop about -2.5% to -3.0% to hit the lines in the sand and trigger more stock market negativity.
Keybot the Quant does not print any pre-scheduled numbers this week. The bears are running the show. Retail stocks, banks and commodities are controlling stock market direction currently. Bears will need more help from commodities, semiconductors and the NYA index but if these parameters remain bullish, the downside in equities will fizzle. The girls playing Johnny B Goode. Excellent.
8/10/25;
7:00 PM EST =
8/3/25;
7:00 PM EST = +12; signal line is +51
8/1/25;
9:37 AM EST = +12; signal line is +53
8/1/25;
9:36 AM EST = +28; signal line is +54
8/1/25;
9:00 AM EST = +44; signal line is +55
7/31/25;
7:00 PM EST EOM = +44; signal line is +56
