STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the new week of trading begins and the algo prints two numbers. The drama with VIX 14.47 picks up where it left off on Friday. The VIX popped above today, but then the bulls were able to push volatility back under VIX 14.47. So far today, the VIX is under 14.47 and SOX is under 424.80 so markets float sideways. SOX is printing 418.64. Markets will decide direction when VIX moves above 14.47 (happy bears), or SOX moves above 424.80 (happy bulls). Also watch the financials, XLF 17.82; if this fails, then the broad indexes will sell off. XLF is at 18.02. For now, a bull-bear standoff is in play today; watch volatility for clues. VIX is now printing 14.07 which creates market bullishness, but only forty cents from bear trouble.

4/12/13; 10:00 AM EST =

4/8/13; 10:31 PM EST = +33; signal line is +40

4/8/13; 10:19 PM EST = +17; signal line is +40

4/7/13; 7:00 PM EST = +33; signal line is +41