Keybot the Quant remains long with the algo number a big 37 points above the signal line. The bulls are cruising. Wheeee! Whoopie! The bulls are in party mode after the tame inflation data means the Fed will lower rates and print money for as far as the eye can see. That dough flows into the stock market making the rich richer. It is beautiful crony capitalism filth. Rejoice! It is the weekend and time to go to Party Town. Glenn told the bears to kiss his *ss; it is party time, drink some Fed wine, and buy stocks.
VIX fell out of bed when the inflation data dropped so the fix was in. Futures ran higher like a banshee. After the cash open, banks (XLF) catapult higher taking the stock market to new all-time record highs. Bulls are throwing confetti and buying equities without a care in the world after they shoot the Fed crack into their arm. Voodoo. They buy stocks when they feel the Fed snakebite enter their veins.
Since the VIX 16.96 and XLF 52.86 bull/bear lines in the sand were blown through, these will need to reverse if the bears want to growl. If these two metrics remain in the bull camp, it is nothing but upside for stocks as the euphoric bull party continues.
VIX is at 16.47 moving dead flat for the last half hour. Bears need the VIX 49 cents higher or they got nothing. XLF is at 53.12 slapping the bears in the face. Bears need a drop of 26 cents in XLF to create stock market sogginess and negativity.
Bulls want to try and keep stocks elevated into hump day next week when Pope Powell will bring the tablets down from On High and tell international traders how to trade.
10/26/25;
7:00 PM EST =
10/24/25;
10:00 AM EST = +59; signal line
is +22
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