Thursday, July 2, 2026

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long with the algo number 15 points above the signal line. The bulls run higher into the 3-day holiday weekend, so far.  Utes, vol and copper are all that matter to stock market direction currently.

Copper is firmly in the bear camp creating a pall on stocks with CPER below 37.87.

Volatility is firmly in the bull camp creating positivity in stocks with VIX below 20.46.

Utilities is the one to watch. UTIL 1122 and 1118 are the two key lines in the sand this week replaced with 1152 and 1118 for next week. Price is at 1146 above the 1122 creating bullishness for stocks now. However, if price finishes here, below 1152 the key number for next week, that will create negativity out of the gate Monday morning and Keybot the Quant will be champing at the bit to go short.

You will know the answer going into today's closing bell. If UTIL finishes where it is at now, below 1152, the bears plan on coming to play next week and the quant may flip short Monday morning.

If UTIL rallies today and ends the week above 1152, the bulls are on easy street and buoyancy in stocks would be expected to continue next week. Choose your poison. Bret Michaels of Poison bowed out of King Donnie Chumpski's 250 state fair fiasco like the other artists. Comically, Donnie is going to provide a campaign speech instead in the scorching heat. What a failure. People want to hear music, jackass. Every Rose Has Its Thorn. Sometimes it is an orange thorn.

7/5/26; 7:00 PM EST =
7/2/26; 9:00 AM EST = +50; signal line is +35
6/30/26; 7:00 PM EST EOM EOQ2 EOH1 = +38; signal line is +35

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