STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the chips send the stock market to and fro. The bears are in charge with the algo number 20 points below the signal line. The SOX 6625 bull/bear line in the sand was the key metric today controlling stock market direction. Bulls did their best to pump semiconductors higher, and succeeded after lunch, they ate spinach like Popeye, but then they fell on their sword tumbling lower into the close taking equities back down the rabbit hole of despair.

There are a lot of moving parts but to keep it simple, and something yinz can watch, it is likely a game of bearish chips and banks versus bullish utes and copper. The bull/bear lines in the sand are; SOX 6625, XLF 52.70, UTIL 1113.47 and CPER 30.61, respectively. One of them will flinch and likely start a move in that direction.

SOX needs +1.1% of upside and XLF needs +2.6% to help the bulls that may be difficult since the banksters are getting some bad press lately, as the thieves should. Watch the chips and banks in the premarket.

UTIL starts hump day only pennies from disaster. It was the same-o scenario this morning and utilities took off higher like a rocket; the bulls know the seriousness of the situation. UTIL can only lose about -0.3% because if it drops further it will enter the bear camp and inflict serious negative damage on the stock market. CPER only needs to drop -0.6% and it will inflict pain upon the stock market so watch the copper futures overnight to see if they are down -0.6%.

Bears need to keep semi's and banksters in their camp and bring utes and copper over to the bear side as well that will send stocks to Hell.

Bulls need to keep utes and copper in the bull camp and bring chips and banks higher back into their fold to take the stock market back to record highs. 1 of the 4 will flinch and tell you the direction of equities going forward.

That is about as simple as it can be explained now and there are other moving parts. But watch those four parameters for the rest of the week and you will know the direction of the stock market. Now you know what to watch. Let it be said, let it be written, let it be done. Watch it now! Watch it!

Keybot prints a prescheduled number tomorrow morning before the opening bell but that should not change anything.

11/23/25; 7:00 PM EST =
11/21/25; 10:00 AM EST =
11/19/25; 9:00 AM EST =
11/18/25; 2:02 PM EST = -3; signal line is +17
11/18/25; 1:02 PM EST = +13; signal line is +19
11/18/25; 9:47 AM EST = -3; signal line is +19; go short 6637 (Benchmark SPX for 2025 = +12.8%)(Keybot algo this trade = -2.4%; Keybot algo for 2025 = +25.1%)(Actual results this trade = -4.9%; Actual results for 2025 = +32.5%)