STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into a potential wild ride tomorrow. The month-end pre-scheduled number prints this evening bumping the signal line one tick.  The algo prints two pre-scheduled numbers tomorrow morning one before the open and one shortly after. The bears tried to push lower today but did not make any headway. Copper and utilities remain elevated and VIX remains under 16.  At tomorrow's close, pay attention to UTIL 475.49 since it will provide a heads-up on next week's action.  If UTIL, now at 474, moves higher tomorrow and closes near or above 475.49, this is a huge plus for bulls and it will lead to new highs next week in the SPX. If UTIL is weak tomorrow, and turns negative and moves lower away from 475 that would provide the bears with a peace of mind thru the weekend.

For the SPX starting at 1498, the bulls need to push up thru 1504 and an upside acceleration to 1511 will occur in quick order. The bears need to push under 1497, only one point lower, and that will accelerate the downside, likely straight down thru the strong 1495-1496 support. A move thru 1498-1503 is sideways action. Markets are very erratic and unstable. The Friday session should be interesting.

2/3/13; 7:00 PM EST =

2/1/13; 10:00 AM EST =

2/1/13; 9:00 AM EST =

1/31/13; 7:00 PM EST EOM = +63; signal line is +41

1/29/13; 10:00 AM EST = +63; signal line is +40

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long thru the entire month of January. The algo idled along yesterday without printing any numbers after the pre-scheduled number. Copper and utilities remain elevated supplying bull fuel. Volatility finally shows signs of life moving up over 14 which encouraged the bears yesterday.  The quant is now tracking the VIX and looking at 16 as the bull-bear line in the sand. UTIL 467.26 remains important thru this week and utes are comfortably six points above. Moving into the Friday close at 4 PM EST, the UTIL 475.49 number is important and will play a key role next week, thus, if you see UTIL moving above 475.49 as this week closes out, this is a sign that the bulls will continue to rock higher next week. However, if UTIL starts to drift lower and closes this week under 475.49, the bears would be encouraged. Of course, at any time, if UTIL drops under 467.26, strong selling will enter the markets.

For the SPX in the Thursday session, the last day of January, starting at 1502, the bulls need to touch 1510 and an upside acceleration will occur with the SPX on its way to the 1520's. The bears need to push under 1500, only two points lower, and a downside acceleration will occur testing the strong 1495-1496 support in quick order. A move thru 1501-1509 is sideways action today. UTIL 467.26 and VIX 16 are important.

1/31/13; 7:00 PM EST EOM =

1/29/13; 10:00 AM EST = +63; signal line is +40

1/27/13; 7:00 PM EST = +63; signal line is +40

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. There appears to be nothing that can stop the raging bull. UTIL and JJC exploded higher this morning creating the upside orgy today. UTIL 467.25 and JJC 45.85 remain important. Also VIX 16. The bulls will take the SPX far higher if UTIL 483 gives way this week, or, 475 next week, and UTIL sits at 473 right now. It's all going the bulls way.

For the SPX for Wednesday starting at 1508, the bulls only need one point, to punch up thru 1509 and hold for a few minutes and an upside acceleration will occur thru the strong 1511 resistance.  The bears need to push under 1498 to accelerate the downside thru the 1495-1496 strong support.  A move thru 1499-1508 is sideways action.  Considering the big leap higher in utes and copper today, the caution flag is removed for now. Stay alert as the bulls are simply running higher unchallenged.

1/31/13; 7:00 PM EST EOM =

1/29/13; 10:00 AM EST = +63; signal line is +40

1/27/13; 7:00 PM EST = +63; signal line is +40

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the Tuesday session rolls along. The pre-scheduled number results in no changes. Watch JJC 45.80 and UTIL 467.18, the bulls are in control. SPX was trying to punch up thru 1503 but failed so far.

1/31/13; 7:00 PM EST EOM =

1/29/13; 10:00 AM EST = +63; signal line is +40

1/27/13; 7:00 PM EST = +63; signal line is +40

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish moving into the Tuesday session. Markets move sideways to begin the week. The quant is focused on UTIL 467.18 and JJC 45.80. Both remain above the levels shown creating market bullishness. Bears must push under the levels shown and, if so, Keybot will likely flip short. Otherwise, the bulls rule.

For the SPX starting at 1500, the bulls need to push above 1503 to ignite an upside acceleration thru 1505 beginning the move to 1511.  The bears must push under 1496 to accelerate the downside. The 1495-1496 level is key support and would lead to bearish markets if it fails.  A move thru 1497-1502 is sideways action today. Keybot prints a pre-scheduled number this morning at 10 AM so the market action can be updated at that time. Markets are expected to pivot at 10 AM. Futures are down five so the SPX may make a run at 1495-1496 support after the bell rings.

1/31/13; 7:00 PM EST EOM =

1/29/13; 10:00 AM EST =

1/27/13; 7:00 PM EST = +63; signal line is +40

1/25/13; 12:06 PM EST = +63; signal line is +39

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long thru the weekend. Keybot is tracking utilities with continued interest. UTIL is 470.05 above 466.85 which causes market bullishness. The bears must push UTIL below 466.85.  To gain more market upside, UTIL must punch up thru 483.76 any day this week thru the Friday close. This move would launch the SPX towards the 1520's. JJC is 46.09. Watch the bull-bear line at 45.80 only twenty-nine pennies away. If JJC drops under 45.80 the market bears will growl strongly for the first time this year. If JJC stays above 45.80, the bears have no hope. CAT reports earnings in the morning, the key China bellwether, if earnings are blow-out, JJC will catapult higher, if CAT earnings dissappoint, JJC will drop like a stone.

For the SPX starting at 1503, closing at the highs, the bulls only need to see a smidge of green in the futures overnight and it wil be off to the races to the upside, the SPX moving towards 1511. The bears need to push under 1495 to accelerate the downside to 1489 and 1485. A move thru 1496-1503 is sideways action. Markets are erratic and unstable. Stay alert and cautious. If UTIL drops under 466.85 and JJC drops under 45.80 as described above, it is likely that Keybot will flip to the short side.  The new trading week prints four pre-scheduled numbers so lots of excitment is on tap.

2/3/13; 7:00 PM EST =

2/1/13; 10:00 AM EST =

2/1/13; 9:00 AM EST =

1/31/13; 7:00 PM EST EOM =

1/29/13; 10:00 AM EST =

1/27/13; 7:00 PM EST = +63; signal line is +40

1/25/13; 12:06 PM EST = +63; signal line is +39

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long thru the weekend. The bulls win another week and succeed in reversing a move towards the bear side. Utilities, copper and commodities will remain key next week. The areas and levels of interest can be identified once the pre-scheduled number prints tomorrow.

1/27/13; 7:00 PM EST =

1/25/13; 12:06 PM EST = +63; signal line is +39

1/25/13; 10:24 AM EST = +47; signal line is +37

STOCK MARKET BULLISH -- LONG - -CAUTION

Keybot the Quant remains bullish. The bulls are unstoppable pushing UTIL back above 466.79 to wipe the smile off the bears face. UTIL 466.79 and JJC 45.80 will tell the story today, for now, both are bullish creating market bullishness.

1/27/13; 7:00 PM EST =

1/25/13; 12:06 PM EST = +63; signal line is +39

1/25/13; 10:24 AM EST = +47; signal line is +37

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The utilities gave up the critical UTIL 466.79 so the bears are trying to develop some mojo. Copper is collapsing today and this is the next key sector that the algo is tracking, JJC 45.80.  JJC fell thru 46 this morning and is now smack-dab on top of 46.00 only twenty cents away from causing market mayhem. The SPX tested 1502 after the open but could not punch thru yet today.  The bulls need to push UTIL above 466.79 to regain upside momo and send the SPX back up over 1500. The bears need to push JJC under 45.80 and strong selling will occur in the broad markets. If JJC falls under 45.80 and the SPX drops under 1489 it is highly likely that Keybot would flip short. Stay alert.

1/27/13; 7:00 PM EST =

1/25/13; 10:24 AM EST = +47; signal line is +37

1/24/13; 2:43 PM EST = +63; signal line is +36

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long after another odd market day.  The quant identifies the utilities as the key sector influencing the broad indexes right now and today proved that with UTIL dancing back and forth across 466.79 leading the markets.  This number remains important moving forward. The bears got nothing unless they push UTIL under 466.79. The bulls will send markets higher, the SPX back up over 1500, if UTIL stays above 466.79. In addition, the next leg higher for broad indexes will be triggered by UTIL 475.48, if this occurs before the 4 PM EST close tomorrow. Next week this number will increase to 483.76 so at the Friday close, if UTIL is staying above 466.79 and catapulting higher throughout the day, watch the 483.76.  If the bulls go thru UTIL 483.76 next week the SPX will be into the 1520's heading higher. To keep it simple, watch UTIL 466.79 at the opening bell tomorrow. The algo is tracking copper now as well, it is the second most influential sector currently affecting markets.  Watch JJC 45.80, currently creating bullishness. Also, watch VIX 16, now under 13 and creating bullishness.

For the SPX starting at 1492, the bulls have to push above 1502 and that will send price for a test of the strong 1505 R immediately.  The bears need to push under the 1489 resistance level, which will send price to a test of 1485 in quick order. A move thru 1490-1501 is sideways action. The markets are highly unstable and erratic. Do not take the upside for granted. Do not be complacent. Stay alert. UTIL 466.79 will provide the immediate answer at the opening bell.

1/27/13; 7:00 PM EST =

1/24/13; 2:43 PM EST = +63; signal line is +36

1/24/13; 1:43 PM EST = +47; signal line is +34

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as another number prints today and the to and fro dance of the utilities back and forth across UTIL 466.79 continues. Note how the quant is jogging the signal line higher as the day moves along.  The higher the signal line moves the easier it is for Keybot to flip to the short side, when the time comes. Copper, JJC, is at 46.35 above the bull-bear line at 45.90 and volatility, VIX, is at 13 remaining below the 16 bull-bear line so the bulls continue to receive strength from these two parameters. Watch UTIL 466.79 into the closing bell. 

1/27/13; 7:00 PM EST =

1/24/13; 2:43 PM EST = +63; signal line is +36

1/24/13; 1:43 PM EST = +47; signal line is +34

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the utilities reverse course falling on their sword. UTIL drops back under 466.79 so negativity enters the broad markets. The bulls need to push UTIL above 466.79 while the bears need to push JJC under 45.90. One of these two should win moving forward and markets will follow along in that direction. The broad indexes remain unstable and erratic. Stay alert and extremely cautious. Markets are not to be trusted.

1/27/13; 7:00 PM EST =

1/24/13; 1:43 PM EST = +47; signal line is +34

1/24/13; 9:50 AM EST = +63; signal line is +33

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the SPX jumps thru 1496 and now thru 1500. UTIL moved thru 466.75 a few minutes after the opening bell and is adding the bull fuel. UTIL 466.75 remains in play today. The bears must push the utes under this level as quick as possible, otherwise the bulls will keep running higher. UTIL 475.48 is the next number higher that would cause the SPX to move into the 1520's. The bulls are running again but the caution flag remains out.

1/27/13; 7:00 PM EST =

1/24/13; 9:50 AM EST = +63; signal line is +33

1/20/13; 7:00 PM EST = +47; signal line is +30

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish. The algo continues along this week without printing any numbers thus far. The high drama with the utilities, UTIL 466.75, played out with the bulls falling short of the goal by pennies and UTIL closing at 465.17.  This drama is not over, watch UTIL 466.75 again today. For the market bulls to take the broad indexes higher, they must go thru UTIL 466.75. Copper and commodities continue to provide market lift, watch JJC 45.90 and GTX 4935. The bears got nothing unless they attain one of these two numbers which would strongly kick in the downside.

For the SPX in Thursday's session, starting at 1495, the bulls need one point higher, to poke up thru 1496, key resistance and the last remaining upside gap fill from 2007 (now filled), and the upside will accelerate with the bulls next targeting 1505. The futures, however, are weak this morning due to disappointing AAPL earnings last evening. The bears need to push the SPX under 1490 to accelerate the downside to 1485-1486. A move thru 1491-1495 is sideways action today. Markets remain unstable. 

1/27/13; 7:00 PM EST =

1/20/13; 7:00 PM EST = +47; signal line is +30

1/18/13; 10:00 AM EST = +47; signal line is +28

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish.  The algo did not print any numbers in the Tuesday session.  The utilities provide high drama, ramping up all day long to attack Keybot's UTIL 466.77 in the final minutes, only to fall short, and close at 466.36, 41 pennies away.  If the bulls push thru UTIL 466.77 the SPX will receive additional bull fuel and is likely on its way to 1500+. If the bears prevent UTIL 466.77, that would be a sign that the rally has run its course and the markets will likely leak lower. Copper and commodities continue higher which helps stoke the bull furnace. Watch JJC 45.75 and GTX 4930, both are handily above these numbers causing market bullishness. The VIX remains low, under 13, and can only help the bears if it moves above 16.

For the SPX today, starting at 1493, once again closing at the highs, the bulls only need a smidge of green in the futures and it is off to the races higher. The 1496 level is very strong resistance and also the final gap fill that exists above for the SPX. The bears need to push under 1481 to create a downside acceleration to 1476. A move thru 1482-1492 is sideways action today. Remain cautious, markets are unstable and erratic. UTIL 466.77 will tell a lot after the bell rings.

1/27/13; 7:00 PM EST =

1/20/13; 7:00 PM EST = +47; signal line is +30

1/18/13; 10:00 AM EST = +47; signal line is +28

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long thru the holiday weekend. Regular trading does not begin until Tuesday morning. The bulls need to punch thru UTIL 466.45 (now at 462.88 creating bearishness) to pave the way to SPX 1500+.  The bears need to push the JJC under 45.68 (now at 46.38 creating bullishness) or the GTX under 4935 (now at 4992 creating bullishness). If none of the three attain those numbers, the markets stumble sideways.

For the SPX at 1486 as Tuesday begins, the bulls need only a smidge of green to begin the day and an upside acceleration will occur likely targeting 1496. The bears must prevent any additional upside with all their might, while at the same time push the SPX under 1476 to accelerate the downside targeting 1472 and 1468. A move thru 1477-1485 is sideways action. Keybot does not print any pre-scheduled numbers this week so the quant is at the mercy of the market action. Utilities, copper and commodities are key as described above. Remain cautious, the market action is erratic and unstable.

1/27/13; 7:00 PM EST =

1/20/13; 7:00 PM EST = +47; signal line is +30

1/18/13; 10:00 AM EST = +47; signal line is +28

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long thru the holiday weekend. Trading resumes on Tuesday.  The bulls are running. Keybot did not print any further numbers in the Friday session. Copper and commodities created the big market push higher to end the week. Interestingly, as seen here this week, the bears were on the verge of pushing Keybot short, and the quant actually printed lower algo numbers than the signal line numbers, but the programming rules would not line up properly to trigger the short side, and hence, the broad indexes recovered. The robots are always smarter than the humans.

For next week, the utilities sector is key. For the bulls to go to SPX 1500+, they must go thru UTIL 466.45. UTIL closed at 463 only three points away. If UTIL crosses above 466.45, more bull fuel is provided for the broad indexes. If UTIL 466.45 resistance holds, a lid is placed on the markets and likely a topping out. Next week's areas of interest can be identified after the Sunday pre-scheduled number prints tomorrow.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST = +47; signal line is +28

1/17/13; 9:30 AM EST = +47; signal line is +26

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the pre-scheduled print results in no change to the algo number and a two-point increase in the signal line.  UTIL is under 466, bearish. GTX is above 4935, bullish.  JJC is above 45.68, bullish. VIX is printing lows, bullish. The SPX is charting the sideways path thru 1474-1484 thus far today, specifically 1478-1480. Bulls win above 1485, bears win below 1473. Otherwise, flat markets with the bulls driving the bus.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST = +47; signal line is +28

1/17/13; 9:30 AM EST = +47; signal line is +26

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long with one trading session remaining ahead of the three-day holiday weekend. The bulls came to play yesterday and slapped all bear hopes to the ground.  Oil, commodities and copper provided the thrust, and traders correctly front-ran China data since the GDP numbers beat as expected.  For the bulls to continue the party to SPX 1500+, the last hurdle to leap over is the utilities sector. Utes are key and typically they falter ahead of a large market drop. UTIL has been weak for months but the broad markets have hung on.  UTIL 466.37 is key. This parameter you can follow since it is the 50-week MA. If UTIL moves above 466.37, the SPX is headed over 1500.  If the bears prevent UTIL 466.37 and keep it in the bear camp, a lid will be placed on the up move in the broad indexes. The bears need to push either GTX under 4935, or JJC under 45.68, otherwise, they got nothing.

For the SPX today starting at 1481, the bulls need to punch thru 1485 and it will be a party to the 1490's in quick order.  The bears need to stop the upside momo by retracing yesterday's move and sending the SPX under 1473, if so, that will further accelerate the downside. A move thru 1474-1484 is sideways action.  Despite the bullishness yesterday, remain cautious moving forward. A quick reversal in commodities, say due to a stronger dollar and weaker euro, and a few handle drop in the SPX, would be all that is required to send Keybot towards testing the bear side again. A pre-scheduled number prints at 10 AM today so the action can be updated mid-morning. The bulls are driving the bus.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST =

1/17/13; 9:30 AM EST = +47; signal line is +26

1/17/13; 9:00 AM EST = +17; signal line is +23 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Copper and commodities are exploding higher today. GTX is above 4935 and JJC is above 45.68 so the bulls are cruising. Due to China data hitting overnight tonight, however, which will dramatically impact oil, copper and commodities, the caution flag remains out. The bulls remain in control as the session begins.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST =

1/17/13; 9:30 AM EST = +47; signal line is +26

1/17/13; 9:00 AM EST = +17; signal line is +23 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is long moving into the Thursday trade. The pre-scheduled print results in a one tick move higher for the signal line.  The oil, commodities and copper markets are catapulting higher this morning, perhaps in anticipation of China's data releases this evening, so the bulls should begin the day on a strong note and perhaps place the bear hopes on the back burner again.  Watch JJC 45.68 and GTX 4935.50.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST =

1/17/13; 9:00 AM EST = +17; signal line is +23 but algorithm says stay long

1/16/13; 3:52 PM EST = +17; signal line is +22 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. Commodities and copper will continue to dictate broad index direction. Watch JJC 45.68 (price is now under causing bearishness) and GTX 4935.50 (price is now under, by pennies, causing bearishness).  Copper is up this morning as this message is typed which would send JJC higher.  The algo wants to go short but the proper pieces have not fallen into place as yet.

For the SPX on Thursday starting at 1473, the bulls only need one point higher, to touch the 1474 handle and that will accelerate the upside.  The bears need to push under 1468 to accelerate the downside. A move thru 1469-1472 is sideways action.  Keybot prints a pre-scheduled number before the opening bell. The bulls remain in charge, however, if JJC and GTX remain bearish as described above, and the SPX drops under 1468 heading lower, Keybot will likely flip to the short side.

1/18/13; 10:00 AM EST =

1/17/13; 9:00 AM EST =

1/16/13; 3:52 PM EST = +17; signal line is +22 but algorithm says stay long

1/16/13; 3:00 PM EST = +31; signal line is +20

1/16/13; 12:02 PM EST = +17; signal line is +19 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long but the algo number is now below the signal line and Keybot wants to flip to the short side.  Other rules continue to hold the quant back. One of the parameters is that the algo wants to see about SPX 1464 before it would commit to the short side and the SPX is now at 1471. GTX 4935 and JJC 45.68 remain extremely important today and the rest of the week. The bulls are holding on to the steering wheel and driving the bus but a few handle drop in the SPX is all that is needed for the bears to take over.

1/17/13; 9:00 AM EST =

1/16/13; 12:02 PM EST = +17; signal line is +19 but algorithm says stay long

1/16/13; 11:04 AM EST = +31; signal line is +18

1/16/13; 9:30 AM EST = +17; signal line is +17 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. The algo drops out of the gate today and is now in position to flip short, however, there are internal programming rules that have to line out properly and for now the bulls continue to steer the ship. Watch GTX 4935 and JJC 45.68, both now in the bear camp causing market weakness today.  The strong support at SPX 1468 is holding so far. The bears need to create weakness and this may be difficult with retail, financials and semi's remaining buoyant and volatility remaining low.

1/17/13; 9:00 AM EST =

1/16/13; 9:30 AM EST = +17; signal line is +17 but algorithm says stay long

1/15/13; 2:10 PM EST = +33; signal line is +16

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Commodities, GTX 4935, and copper, JJC 45.68, will decide market direction tomorrow; the bulls need to touch GTX 4935 while the bears need to touch JJC 45.68. For the SPX starting at the strong 1472 S/R, the bulls only need to see one point, to punch thru 1473, and an upside acceleration will occur. The bears need to push under 1464 to create a downside acceleration. A move thru 1465-1472 is sideways action.  GTX and JJC will tell the story.

1/17/13; 9:00 AM EST =

1/15/13; 2:10 PM EST = +33; signal line is +16

1/15/13; 11:14 AM EST = +47; signal line is +15

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo drops in the afternoon as GTX loses the 4935 level. JJC is above 45.68, however, remaining in the bull camp. This is the battle. Bulls will win if they can move GTX above 4935 while bears will win if they can move JJC under 45.68. If neither makes a move, the markets continue sideways, until they do. Markets are erratic and unstable, exercise caution.

1/17/13; 9:00 AM EST =

1/15/13; 2:10 PM EST = +33; signal line is +16

1/15/13; 11:14 AM EST = +47; signal line is +15

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the bears try to push lower but run out of gas just like yesterday. JJC jumped above 45.68 now twenty cents above this bull-bear line which supplies the bullish recovery juice for the markets today, the SPX recovering to 1470 near the flat line. GTX is 4945 above the 4935 so both copper and commodities are solidly in the bull camp and the bulls remain in solid control of the markets.  The algo is ratcheting up the signal line which will set up the quant in easier position to go short if, say, JJC and GTX should change their mind today. Exercise caution moving forward despite the market recovery today.

1/17/13; 9:00 AM EST =

1/15/13; 11:14 AM EST = +47; signal line is +15

1/15/13; 10:50 AM EST = +31; signal line is +13

1/15/13; 10:12 AM EST = +47; signal line is +12

1/15/13; 9:30 AM EST = +31; signal line is +9

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and prints a number at the opening bell.  Copper, JJC falls under 45.68.  Watch GTX, if it loses a few more points and falls under 4935, the broad indexes will take a strong leg lower. The SPX lost 1466 which immediately dropped price to a 1463 handle but is now recovering waiting to see where the GTX wants to move (commodities).

1/17/13; 9:00 AM EST =

1/15/13; 9:30 AM EST = +31; signal line is +9

1/14/13; 2:15 PM EST = +47; signal line is +8

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo printed one number on Monday afternoon as the commodities sector traveled higher. Watch oil since in general, up oil is up markets and down oil is down markets. Copper is key as well and it was moving negatively.  For today, the quant is tracking GTX 4935, JJC 45.68 and RTH 43.85. All three are bullish so the bears need to reverse these to gain momo, otherwise, the bulls are cruising without worry. For a move towards SPX 1500, the bulls need to push the utilities, UTIL, above 466.36.

For the SPX starting at 1471, the bulls only need one point higher, to punch thru 1472 and an upside market acceleration will occur. The bears need to push under 1466 to initiate a downside acceleration. A move thru 1467-1471 is sideways action.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST =

1/17/13; 9:00 AM EST =

1/14/13; 2:15 PM EST = +47; signal line is +8

1/13/13; 7:00 PM EST = +33; signal line is +7

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long going into the new week of trading.  The algo remains fixed on five parameters; UTIL 466.22, GTX 4948, JJC 45.55, RTH 43.75 and VIX 16.40. The bulls need to touch the levels shown for UTIL or GTX to create an upside party.  The bears need to touch the levels shown for JJC, RTH or VIX to begin a move lower for the markets.  The financials may quickly come into play as well but not yet.

For the SPX, starting at the strong S/R at 1472, the bulls only need to see a smidge of positivity in the futures and the SPX will immediately test 1475-1476 after the bell. The bears need to push under 1468 to create a downside acceleration. A move thru 1468-1472 is sideways and unlikey since the markets will probably choose a direction. Keybot prints two pre-scheduled numbers this week, one on Thursday and one on Friday. A three-day holiday is on tap for next weekend.

1/20/13; 7:00 PM EST =

1/18/13; 10:00 AM EST =

1/17/13; 9:00 AM EST =

1/13/13; 7:00 PM EST = +33; signal line is +7

1/10/13; 10:15 AM EST = +33; signal line is +5

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long thru the weekend. Copper, commodities, financials, retail and volatility are all a major focus of the algo. The areas and levels of interest can be identified for next week after Keybot prints the Sunday pre-scheduled number tomorrow.

1/13/13; 7:00 PM EST =

1/10/13; 10:15 AM EST = +33; signal line is +5

1/10/13; 9:30 AM EST = +47; signal line is +4

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo idled into the close as the SPX melted up to the 1472 strong resistance.  The quant continues to track the same five parameters with interest. GTX tried the bull side today but returned back into the bear camp.  For the markets to continue higher, the bulls need to attain UTIL 466.22 and/or GTX 4948 .  For the markets to sell off, the bears need to touch RTH 43.75, JJC 45.65 and/or VIX 16.40. The standoff continues although GTX looks to be the most important right now. Watch to see if commodities and copper are up overnight since that will create GTX buoyancy, or not.

For the SPX on Friday starting at 1472, closing at the highs, the bulls only need to see a tiny smidge of positivity in the overnight futures and the broad indexes will accelerate higher at the opening bell.  The WFC earnings in the morning will dictate the futures. The bears must retrace Thursday's move and push the SPX under 1461, if so, a downside acceleration will occur in the markets. A move thru 1462-1471 is sideways action. WFC earnings will set the tone for Friday.

1/13/13; 7:00 PM EST =

1/10/13; 10:15 AM EST = +33; signal line is +5

1/10/13; 9:30 AM EST = +47; signal line is +4

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and the algo prints the first couple numbers for the week. Commodities popped today so GTX jumped over 4950, but then fell on its sword. Use GTX 4950 as a rudder to steer thru the markets today.  The VIX is climbing towards 14. RTH is weak but remains elevated. Cracks in the retail sector foundation are appearing. The bulls continue to drive the bus. Remain cautious.

1/13/13; 7:00 PM EST =

1/10/13; 10:15 AM EST = +33; signal line is +5

1/10/13; 9:30 AM EST = +47; signal line is +4

1/6/13; 7:00 PM EST = +33; signal line is +3

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and has not printed any numbers this week thus far. The same set up remains in place.  The bulls need UTIL 466.18 and/or GTX 4950 while the bears need VIX 16.40, RTH 43.75 and/or JJC 45.60. One of the above five parameters will flinch and send the markets in that direction. Until then, the markets are flat.

For the SPX starting at 1461, continuing to hug the strong 1460-1461 S/R, the bulls need to touch 1465 to ignite an upside acceleration to 1468 and perhaps 1472 while the bears need to drop under 1457 to create a downside acceleration to 1453 and then 1444. A move thru 1458-1464 is sideways action. The markets are waiting for the ECB decision all week long, now only a couple hours away.

1/13/13; 7:00 PM EST =

1/6/13; 7:00 PM EST = +33; signal line is +3

1/4/13; 9:00 AM EST = +33; signal line is +2

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long idling thru the first couple weeks without printing any numbers thus far.  The bulls need UTIL 466.21 and/or GTX 4950 while the bears need VIX 16.30, RTH 43.75 and/or JJC 45.72. Neither side is interested in mounting an attack so the markets travel sideways. One of the above five parameters will flinch and send the markets in that direction.

For the SPX starting at 1457 S/R, the bulls need to touch 1462 to ignite an upside acceleration to 1468 while the bears need to drop under 1452 to create a downside acceleration to 1444. A move thru 1453-1461 is sideways action.

1/13/13; 7:00 PM EST =

1/6/13; 7:00 PM EST = +33; signal line is +3

1/4/13; 9:00 AM EST = +33; signal line is +2

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Monday was uneventful with the algo motoring along without printing any numbers.  The market bulls need to either punch up thru GTX 4950 (now very close at 4909) or up thru UTIL 466 to receive bull fuel and send the SPX to new highs. The bears are obviously fighting to prevent this from occurring, while at the same time trying to push the RTH under 43.80, JJC under 45.75 and VIX above 16.40. If none of the five parameters change sides, then the broad indexes will simply move sideways.

For the SPX starting at 1462, the bulls need to move above 1466.50, if so, an upside acceleration will occur to 1468 and 1472, punching out new multi-year highs. The bears need to push under 1457 and a downside acceleration will occur which will likely set up a move towards 1444 in the days ahead.  A move thru 1458-1465 is sideways action. GTX 4950 is very important today.

1/13/13; 7:00 PM EST =

1/6/13; 7:00 PM EST = +33; signal line is +3

1/4/13; 9:00 AM EST = +33; signal line is +2

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the new week of trading is set to begin. The key decision maker as soon as the bell rings is UTIL 466.00. If the bulls push UTIL up thru 466, the broad indexes will take another leg higher. The market bears must prevent UTIL 466.00 with all their might. The algo is also tracking VIX 16.50 (now helping the bulls), JJC 45.50 (now helping the bulls), RTH 43.60 (now helping the bulls), XLF 16.00 (now helping the bulls) and GTX 4958 (now helping the bears). Any change to these parameters will immediately move the markets in that respective direction. The bulls are in firm control.

For the SPX starting at 1466, the bulls only need two points of upside, to touch 1468 and an upside acceleration will occur to 1472 in fast order. The bears need to push under the 1459-1461 support level, if so, a downside acceleration will occur.  A move thru 1462-1467 is sideways action. Keybot does not print any pre-scheduled numbers this week. The action will be purely dictated by the markets. Caution is required due to the erratic and unstable condition of the markets currently. If UTIL pokes above 466, the caution flag will not be needed since the bulls will be on cruise control.

1/13/13; 7:00 PM EST =

1/6/13; 7:00 PM EST = +33; signal line is +3

1/4/13; 9:00 AM EST = +33; signal line is +2

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long thru the weekend. The algo idles along without printing any numbers on Friday.  The bulls were trying to push UTIL thru 466 to gain more bull fuel but fell about one and one-half point short.  UTIL 466 is very important when the Monday bell rings. The sectors and levels of interest for next week will be listed after the Sunday pre-scheduled number prints tomorrow.

1/6/13; 7:00 PM EST =

1/4/13; 9:00 AM EST = +33; signal line is +2

1/2/13; 10:45 AM EST = +33; signal line is +0

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the pre-scheduled number results in a two tick up move in the signal line so the difference between the algo number and signal line is now 31 points, still very bullish but the caution flag is displayed again.  Copper is tumbling today with commodities, keep an eye on the JJC 45.40 which may gain importance quickly today. The previous post sets up the day ahead. Markets are erratic and unstable. Caution is warranted.

1/6/13; 7:00 PM EST =

1/4/13; 9:00 AM EST = +33; signal line is +2

1/2/13; 10:45 AM EST = +33; signal line is +0

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the Friday session. The algo prints a pre-scheduled number at 9 AM so the action can be updated at that time.  The quant is tracking three key parameters. UTIL 465.94 and GTX 4958 continue to help the bears.  VIX under 16.50 is providing bull fuel.  One of these three will flinch and send the markets in that direction. The algo is also watching JJC 45.40 which is helping the bulls currently.  For the SPX today, starting at 1459, the bulls need to touch 1466, which would take out the 2012 closing high, only seven points away, and an upside acceleration will occur into the 1470's. The bears need to push under 1456 to create a downside acceleration, an easier road only requiring three negative points. A move thru 1457-1465 is sideways action. Markets remain unstable.

1/6/13; 7:00 PM EST =

1/4/13; 9:00 AM EST =

1/2/13; 10:45 AM EST = +33; signal line is +0

1/2/13; 10:26 AM EST = +47; signal line is -1

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long as the new year of trading is underway.  The algo number is 33 points above the signal line so the caution flag is lifted for now. Markets remain extremely unstable so do not be surprised if the algo reverses at any time.  The algo is tracking three key sectors most greatly impacting market direction; UTIL 466, GTX 4958 and VIX 16.50. Utilities and commodities are contributing bearishly to markets while volatility is contributing bullishly. Any change to these three parameters will send the broad indexes in that direction.

For the SPX starting at 1462, a smidge of positive futures is all that is needed to launch a further upside acceleration, but, at this writing about one hour before the opening bell, the S&P's are down four.  The three sectors listed above are more important than SPX price today, since the SPX will follow their lead. The bulls are driving the bus.

1/6/13; 7:00 PM EST =

1/4/13; 9:00 AM EST =

1/2/13; 10:45 AM EST = +33; signal line is +0

1/2/13; 10:26 AM EST = +47; signal line is -1

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long as the new year of trading is underway. The algo prints three numbers thus far in 2013. The bulls explode to the upside to SPX 1457.  The algo is now tracking three sectors and levels which are most greatly impacting market direction; UTIL 466, VIX 16.50 and GTX 4958, utilities, volatility and commodities, respectively.  UTIL remains under 466 which helps the bears create market negativity. The VIX fell like a rock the last two days and is now under 16.50 so this creates market bullishness. GTX has maintained a bearish stance the last few weeks but it popped above 4958 this morning to signal extended and sustainable upside for the broad indexes, but, alas, GTX fell on its sword and is now printing 4925, back in the bear camp.  GTX 4958 and VIX 16.50 are key today. Markets remain unstable.  In a robotic tone, Keybot wishes all a Happy New Year.

1/6/13; 7:00 PM EST =

1/4/13; 9:00 AM EST =

1/2/13; 10:45 AM EST = +33; signal line is +0

1/2/13; 10:26 AM EST = +47; signal line is -1

1/2/13; 9:30 AM EST = +33; signal line is -3

1/1/13; Begin 2013 Data Set = +17; signal line is -4; go long 1426; (Benchmark SPX for 2013  = 0%)(Keybot this trade = 0%; Keybot for 2013 = 0%)(Actual this trade = 0%; Actual for 2013 = 0%)

SPX Daily Chart Showing Keybot the Quant Algorithm Turns

Current signal remains valid until a change occurs.
12/31/12:  Keybot the Quant flipped to the long side at 2:51 PM EST at SPX 1419; for the year thus far, SPX Benchmark is up 12.8%; Keybot is up 21.9%; Keybot actual trading is up 19.6%. Stay alert for a whipsaw. The trading year ended one hour after this move to the long side resulting in the following closing numbers for 2012; SPX Benchmark was up 13.4% closing at 1426; Keybot was up 22.3%; Keybot actual trading was up 20.0%.
12/20/12:  Keybot the Quant flipped to the short side at 9:44 AM EST at SPX 1435; for the year thus far, SPX Benchmark is up 14.1%; Keybot is up 20.8%; Keybot actual trading is up 18.1%.
12/11/12:  Keybot the Quant flipped to the long side at 9:35 AM EST at SPX 1426; for the year thus far, SPX Benchmark is up 13.4%; Keybot is up 20.2%; Keybot actual trading is up 18.0%.
12/4/12:  Keybot the Quant flipped to the short side at 11:05 AM EST at SPX 1407; for the year thus far, SPX Benchmark is up 12.0%; Keybot is up 21.6%; Keybot actual trading is up 19.5%.
11/28/12:  Keybot the Quant flipped to the long side at 3:51 PM EST at SPX 1409; for the year thus far, SPX Benchmark is up 12.0%; Keybot is up 21.7%; Keybot actual trading is up 19.6%.
11/27/12: Keybot the Quant flipped the short side at 3:56 PM EST at SPX 1399; for the year thus far, SPX Benchmark is up 11.2%; Keybot is up 22.4%; Keybot actual trading is up 21.1%.
11/19/12:  Keybot the Quant flipped to the long side at 9:30 AM EST at SPX 1370; for the year thus far, SPX Benchmark is up 8.9%; Keybot is up 20.3%; Keybot actual trading is up 17.5%.
10/19/12:  Keybot the Quant flipped to the short side at 11:49 AM EST at SPX 1442; for the year thus far, SPX Benchmark is up 14.6%; Keybot is up 15.3%; Keybot actual trading is up 8.6%.
10/16/12: Keybot the Quant flipped to the long side at 9:31 AM EST at SPX 1446; for the year thus far, SPX Benchmark is up 14.9%; Keybot is up 15.6%; Keybot actual trading is up 9.3%.
10/9/12: Keybot the Quant flipped to the short side at 10:42 AM EST at SPX 1452; for the year thus far, SPX Benchmark is up 15.4%; Keybot is up 15.2%; Keybot actual trading is up 8.8%.
10/1/12: Keybot the Quant flipped to the long side at 10:00 AM EST at SPX 1453; for the year thus far, SPX Benchmark is up 15.5%; Keybot is up 15.3%; Keybot actual trading is up 8.9%.
9/17/12: Keybot the Quant flipped to the short side at 2:11 PM EST at SPX 1460; for the year thus far, SPX Benchmark is up 16.1%; Keybot is up 14.7%; Keybot actual trading is up 7.7%.
9/4/12: Keybot the Quant flipped to the long side at 2:13 PM EST at SPX 1402; for the year thus far SPX Benchmark is up 11.5%; Keybot is up 10.6%; Keybot actual trading is up 3.5%.
9/4/12: Keybot the Quant flipped to the short side at 10:34 AM EST at SPX 1399; for the year thus far SPX Benchmark is up 11.2%; Keybot is up 10.8%; Keybot actual trading is up 3.8%.
8/3/12: Keybot the Quant flipped to the long side at 9:30 AM EST at SPX 1377; for the year thus far SPX Benchmark is up 9.5%; Keybot algo is up 9.2%; Keybot actual trading is up 2.5%.
8/2/12: Keybot the Quant flipped to the short side at 11:42 AM EST at SPX 1360; for th eyear thus far SPX Benchmark is up 8.1%; Keybot algo is up 10.4%; Keybot actual trading is up 5.8%.
7/26/12: Keybot the Quant flipped to the long side at 9:30 AM EST at SPX 1349; for the year thus far SPX Benchmark is up 7.2%; Keybot algo is up 9.6%; Keybot actual trading is up 5.4%.

FINAL 2012 RESULTS -- 2013 BEGINS -- STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long to start the new year of trading after a wild last day finish. Yesterday was the largest up day in the markets for a last day of the year in history. The fiscal cliff resolution lit a fire under the markets with semi's, copper, financials and retail are leaping into the bull camp creating the upside acceleration.  The algo is zeroed to begin 2013.

The 2012 results show the SPX Benchmark index rising from 1258 to 1426, a gain of 13.4%.  Keybot's algorithm program gained 22.3%, beating the Benchmark, and the actual trading return (which accounts for mechanical deficiencies, commissions and other costs and fees) gained 20.0%. 2012 was another successful year for Keybot the Quant in a very tricky trading environment.

For Wednesday trading, the market bears need to see RTH 43.55 to reestablish the downside. Barring this, the markets will continue sideways to sideways up. For the SPX starting the new year at 1426, the bulls only need to touch 1427 after the opening bell and this will create an upside acceleration.  The bears are simply trying to stop the upside momo by pushing RTH under 43.55. The House reconvenes today, New Year's Day, at noon time to vote on the fiscal cliff resolution.

1/6/13; 7:00 PM EST =

1/4/13; 9:00 AM EST =

1/1/13; Begin 2013 Data Set = +17; signal line is -4; go long 1426; (Benchmark SPX for 2013  = 0%)(Keybot this trade = 0%; Keybot for 2013 = 0%)(Actual this trade = 0%; Actual for 2013 = 0%)

Keybot the Quant Begins 2013 on the Long Side from SPX 1426. All Data 0%. Begin 2013.

End – End – End – End – End – End – End – End – End – End – End

-------------------------------------------------------------------------------

START 2013 PROGRAM

Begin Printing

Mark and Set

Date Stamp 1/1/13; 8:11 AM EST

START 2013 PROGRAM

End – End – End – End – End – End – End – End – End – End – End

--------------------------------------------------------------------------------

END OF 2012 RESULTS:

SPX Benchmark Final 2012:  13.4% Return (SPX Started at 1258 and Ended at 1426)

Keybot the Quant Actual Trading 20.0% Return Beating the SPX Benchmark

Keybot the Quant is a long-short algorithm that oscillates between a bullish position and a bearish position only.

Number of Position Changes (Long to Short or Short to Long) During 2011:  33

Number of Broker Commissions Required During 2012:  66

Benchmark SPX During 2012:  +13.4% Return

Keybot the Quant Algorithm (the Quant Program Only) During 2012: +22.3% Return

Keybot the Quant Actual Trading (Actual Trading with the Quant Using ETF’s) During 2012:  +20.0% Return

Begin Printing

FINAL 2012

Mark and Set

Date Stamp 1/1/13; 5:27 AM EST

End – End – End – End – End – End – End – End – End – End – End

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1/1/13; Algorithm Zeroed for 2013 Data = +17; signal line is -4; go long 1426; (Benchmark SPX for 2012 Final = +13.4%)(Keybot this trade = +0.4%; Keybot for 2012 Final = +22.3%)(Actual this trade = +0.4%; Actual for 2012 Final = +20.0%)

12/31/12; 7:00 PM EST EOM EOQ4 EOH2 EOY2012 = +17; signal line is -4

12/31/12; 2:51 PM EST = +17; signal line is -5; go long 1419; (Benchmark SPX for 2012 = +12.8%)(Keybot this trade = +1.1%; Keybot for 2012 = +21.9%)(Actual this trade = +1.5%; Actual for 2012 = +19.6%)

12/31/12; 2:49 PM EST = +17; signal line is -5 but algorithm says stay short

12/31/12; 10:14 AM EST = +1; signal line is -5 but algorithm says stay short

12/31/12; 9:55 AM EST = -15; signal line is -5