STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long to begin the week. Copper weakness appears this morning but not overly negative. JJC is 41.57 under the bull-bear line so the broad indexes are under some minor selling pressure. The algo prints a number to begin the new week and the algo number and signal line continue to converge. GTX is lower to 4700 remaining bearish. VIX is lower to 12.57, well under the 13.30 bull-bear danger level (use 13.30 instead of 13.70 moving forward) so the bulls are not worried or concerned. SPX is slightly negative at 1630. Pay attention to JJC 41.93, VIX 13.30 and SPX 1624.

5/16/13; 9:00 AM EST =

5/13/13; 9:30 AM EST = +46; signal line is +37

5/12/13; 7:00 PM EST = +62; signal line is +36