STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the new week of trading. The stock market remains bifurcated with parameters either all in on the bull side or all in on the bear side. In general, bulls need higher utilities, copper and commodities to sustain an upside rally. Bears need higher volatility and weaker retail and financial stocks.

For the SPX starting at 2090, the bulls need only three positive points, to push above 2093 and price will run to 2100 in quick order. The bears need to push under 2084, about six points lower, to immediately accelerate price lower into the 2070's. A move through 2085-2092 is sideways action to  begin the week. Keybot prints a pre-scheduled number to close out the month tomorrow evening and also a number on Friday morning. The bulls remain in control.

12/6/15; 7:00 PM EST =

12/4/15; 9:00 AM EST =

11/30/15; 7:00 PM EST EOM =

11/29/15; 7:00 PM EST = +17; signal line is -11

11/25/15; 10:00 AM EST = +17; signal line is -11

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the shortened Friday session of trading after the Thanksgiving Day holiday. The stock market closes at 1 PM EST. Keybot printed a pre-scheduled number on Wednesday. The algo is idling along with parameters oddly either fully in the bull camp or fully in the bear camp. This hints that the trend should continue.

For the SPX starting at 2089, the bulls need to touch 2093, four points higher, and boom, the upside will accelerate to 2100. The bears need to push under 2086 to accelerate the downside into the 2070's in quick order. A move through 2087-2092 is sideways action to end the week. S&P futures are +3 about 3-1/2 hours before the opening bell.

11/29/15; 7:00 PM EST =

11/25/15; 10:00 AM EST = +17; signal line is -11

11/24/15; 10:00 AM EST = +16; signal line is -11

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the Wednesday session. The bulls remain in the driver's seat with the algo number 27 points above the signal line. For the SPX starting at 2089 on Wednesday, the bulls need to push above 2094 and bingo, price will be above 2100+ in a flash. The bears need to push under 2070 to create a downside acceleration. A move through 2071-2093 is sideways action.

Keybot prints a pre-scheduled number Wednesday morning. Markets are closed on Thursday for the Thanksgiving holiday then reopen on Friday with an early close at 1 PM EST.

11/29/15; 7:00 PM EST =

11/25/15; 10:00 AM EST =

11/24/15; 10:00 AM EST = +16; signal line is -11

11/22/15; 7:00 PM EST = +19; signal line is -11

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the new week of trading which is a holiday-shortened week due to the Thanksgiving Day holiday on Thursday. The algo did not print any numbers last Thursday or Friday and is simply idling along with the bulls driving the bus. The algorithm parameters are very odd with about one-half firmly in the bull camp and one-half firmly in the bear camp; the economic landscape is typically more nuanced. Generally, bulls need higher copper, commodities and utilities to continue the upside. Bears need lower retail stocks and higher volatility.

For the SPX starting at 2089, the bulls need to push above 2097 and boom, price will be moving above 2000 in a heartbeat. The bears need to push under 2082 to accelerate the downside easily into the mid 2070's. A move through 2083-2096 is sideways action to begin the week. The bulls are in control with the algo number 30 points above the signal line. Keybot prints two pre-scheduled numbers this week one on Tuesday morning and the other on Wednesday morning.

11/29/15; 7:00 PM EST =

11/25/15; 10:00 AM EST =

11/24/15; 10:00 AM EST =

11/22/15; 7:00 PM EST = +19; signal line is -11

11/18/15; 11:19 AM EST = +19; signal line is -10; go long 2063; (Benchmark SPX for 2015 = +0.2%)(Keybot algo this trade = +1.5%; Keybot algo for 2015 = +15.0%)(Actual results this trade = +1.8%; Actual results for 2015 = +25.4%)

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips long today beforelunch time at SPX 2063. The bulls run the table sending SPX above 2051, RTH above 76.02 and VIX under 18.37. The bears never had a chance. The bulls likely have limited upside available but will make further gains with stronger retail stocks and lower volatility. Bears need lower retail stocks and higher volatility.

For the SPX at 2084 starting Thursday, the bulls only need one point higher, to move above 2085 and the upside will accelerate quickly into the 2090's. Watch to see if the S&P futures muster up one point overnight. The bears need to retrace today's big gain and push under 2052, a formidable task, so instead bears will focus on pushing volatility higher and retail stocks lower. A move through 2053-2084 is sideways action.

The SPX benchmark index is up marginally on the year. On the last trade, the algorithm program gains +1.5% and the actual trading gains +1.8%. Keybot exits DXD and enters SSO remaining in the 2x ETF's since no whipsaws have occurred lately. The bulls are driving the bus with the algo number 29 points above the signal line.

11/29/15; 7:00 PM EST =

11/22/15; 7:00 PM EST =

11/18/15; 11:19 AM EST = +19; signal line is -10; go long 2063; (Benchmark SPX for 2015 = +0.2%)(Keybot algo this trade = +1.5%; Keybot algo for 2015 = +15.0%)(Actual results this trade = +1.8%; Actual results for 2015 = +25.4%)

11/18/15; 11:18 AM EST = +5; signal line is -10 but algorithm remains short

11/18/15; 10:21 AM EST = -11; signal line is -9

11/18/15; 9:56 AM EST = +5; signal line is -7 but algorithm remains short

11/18/15; 9:36 AM EST = -11; signal line is -6

11/18/15; 9:00 AM EST = -25; signal line is -4

11/17/15; 2:50 PM EST = -25; signal line is -2

11/17/15; 2:32 PM EST = -11; signal line is +1

11/17/15; 2:27 PM EST = +3; signal line is +2 but algorithm remains short

11/17/15; 10:32 AM EST = +19; signal line is +4 but algorithm remains short

11/17/15; 10:20 AM EST = +3; signal line is +5

11/17/15; 10:05 AM EST = -11; signal line is +6

11/17/15; 9:37 AM EST = +3; signal line is +9

11/16/15; 3:09 PM EST = -11; signal line is +10

11/16/15; 1:55 PM EST = -25; signal line is +12

11/16/15; 1:47 PM EST = -41; signal line is +15

11/16/15; 1:25 PM EST = -25; signal line is +17

11/15/15; 7:00 PM EST = -41; signal line is +20

11/13/15; 12:41 PM EST = -41; signal line is +23

11/13/15; 12:18 PM EST = -25; signal line is +26

11/13/15; 10:00 AM EST = -41; signal line is +29

11/13/15; 9:53 AM EST = -41; signal line is +31

11/12/15; 3:59 PM EST = -25; signal line is +34

11/12/15; 3:47 PM EST = -11; signal line is +35

11/11/15; 3:05 PM EST = +3; signal line is +37

11/8/15; 7:00 PM EST = +19; signal line is +38

11/6/15; 9:53 AM EST = +19; signal line is +38

11/6/15; 9:00 AM EST = +35; signal line is +39

11/5/15; 10:33 AM EST = +35; signal line is +39; go short 2094; (Benchmark SPX for 2015 = +1.7%)(Keybot algo this trade = +4.1%; Keybot algo for 2015 = +13.5%)(Actual results this trade = +8.6%; Actual results for 2015 = +23.6%)

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long moving into the Wednesday session. The algo was very active printing seven numbers on Tuesday and was threatening to go long but did not. The imminent turn notation is in the title line since the bulls have it within grasp. The SPX 2050.68 level is key. Price is at 2050.44 only 24 pennies away. Price is under so it creates market negativity. Whichever way SPX pivots is extremely important since this level can be considered a cyclical bull-bear market level. Bulls win big above 2050.68 and bears win big below.

If the SPX tags 2051 and higher and the VIX drops under 18.35, Keybot will likely flip long. If RTH moves above 76.01 that will also create strong upside bull fuel. The bears need weaker financials; the XLF under 23.87 to create more downside pressure. If SPX remains under 2050.68, and VIX above 18.35 and RTH under 76.01 and XLF above 23.87, the stock market will stagger sideways. One of these four parameters will flinch, especially the SPX 2050.68 since it has to pivot one way or the other, and this tells you a lot about the market direction forward. Keybot prints a pre-scheduled number before the opening bell.

For the SPX starting at 2050, the bulls need to touch 2067 to regain their mojo. The bears need to push under 2046 to accelerate the downside into the 2030's in quick order. A move through 2047-2066 is sideways action.

11/18/15; 9:00 AM EST =

11/17/15; 2:50 PM EST = -25; signal line is -2

11/17/15; 2:32 PM EST = -11; signal line is +1

11/17/15; 2:27 PM EST = +3; signal line is +2 but algorithm remains short

11/17/15; 10:32 AM EST = +19; signal line is +4 but algorithm remains short

11/17/15; 10:20 AM EST = +3; signal line is +5

11/17/15; 10:05 AM EST = -11; signal line is +6

11/17/15; 9:37 AM EST = +3; signal line is +9

11/16/15; 3:09 PM EST = -11; signal line is +10

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. Stocks rally strongly to begin the week uneffected by Paris terrorism since central bankers will keep providing easy money. The caution flag is out but bulls still have more work to do with the algo number 21 points below the signal line. Higher semiconductors and lower volatility created the bulk of yesterday's gains. For Tuesday, volatility, chips and retail are important.

Watch VIX 18.37 a bull-bear line in the sand. VIX is at 18.16 in bull territory creating lift in the equity markets. Bears need VIX above 18.37. Watch SOX 647.75. SOX is at 652.03 creating market bullishness. Watch RTH 76.10. RTH is at 75.02 in the bear camp creating market negativity. Bulls need RTH above 76.10 to confirm a more sustainable upside rally.

For the SPX starting at 2053, closing at the highs, the bulls only need a smidge of green to create an upside acceleration and this is already on tap with S&P futures +8. The bears need to push the SPX under 2019 to create a downside acceleration and regain their mojo. The bears remain in control but the bulls are knocking on the door.

11/22/15; 7:00 PM EST =

11/18/15; 9:00 AM EST =

11/16/15; 3:09 PM EST = -11; signal line is +10

11/16/15; 1:55 PM EST = -25; signal line is +12

11/16/15; 1:47 PM EST = -41; signal line is +15

11/16/15; 1:25 PM EST = -25; signal line is +17

11/15/15; 7:00 PM EST = -41; signal line is +20

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short moving into the new week of trading. The Sunday pre-scheduled print results in a 3-point decrease in the signal line; the bears remain in firm control with the algo number 61 points under the signal line. The algorithm ranks financials, semiconductors and volatility as the three key parameters impacting broad market direction for Monday. The bulls need SOX above 647.90 and/or VIX under 18.18 to stop the market selling and confirm the beginning of a relief rally; either one will do. The bears need XLF under 23.82 and stocks will take another strong leg lower.

For the SPX on Monday starting at 2023, the bulls need to push above 2045, about 23 points higher to regain their mojo, a formidable task, so instead bulls are focused on pushing financials and chips higher while sending volatility lower; this activity will at least stabilize markets sideways.

The bears need to push under 2022, only one point lower, to create a downside acceleration, so watch the S&P futures for any smidge of negativity overnight. A move through 2023-2044 is sideways action to begin the week. Keybot prints one pre-scheduled number on Wednesday morning before the opening bell. Since financials, XLF, is only pennies above the bull-bear line in the sand at 23.82, focus on the banks. As banks go, so goes the broad markets.

11/22/15; 7:00 PM EST =

11/18/15; 9:00 AM EST =

11/15/15; 7:00 PM EST = -41; signal line is +20

11/13/15; 12:41 PM EST = -41; signal line is +23

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains long through the weekend. The semiconductors failed on Friday so stocks went down the rabbit hole. The algo printed four numbers including the pre-scheduled number. Bears remain in control of markets with the algo number 64 points below the signal line.

Financial stocks held on by the skin of their teeth on Friday and prevented stocks from going into free fall. Chips, financials and volatility will be important parameters on Monday. Next week's areas and levels of interest can be identified after the Sunday pre-scheduled number prints tomorrow.

11/15/15; 7:00 PM EST =

11/13/15; 12:41 PM EST = -41; signal line is +23

11/13/15; 12:18 PM EST = -25; signal line is +26

11/13/15; 10:00 AM EST = -41; signal line is +29

11/13/15; 9:53 AM EST = -41; signal line is +31

11/12/15; 3:59 PM EST = -25; signal line is +34

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains bearish moving into the Friday session. The bears are in firm control with the algo number 59 points under the signal line. Bears need lower semiconductors and financials. Bulls need lower volatility. Bears will take stocks another leg lower if SOX loses the 647.90 level which is less than a couple points away. Bulls will stop the market selling and create a rally if the VIX drops under 18.18. Bulls will recover strongly higher if the SPX moves above 2050.

For the SPX starting at 2046, the bears only need a smidge of negativity in the S&P futures, which is occurring as this is typed a couple hours before the opening bell, and a downside acceleration will occur into the 2030's. The bulls need to recover to 2072 to regain their mojo into the weekend, a formidable task, so instead the bulls will focus on pushing volatility lower and the SPX, chips, retail and financial stocks higher. A move through 2047-2071 is sideways action to end the week. Keybot prints a pre-scheduled number one-half hour after the opening bell.

11/15/15; 7:00 PM EST =

11/13/15; 10:00 AM EST =

11/12/15; 3:59 PM EST = -25; signal line is +34

11/12/15; 3:47 PM EST = -11; signal line is +35

11/11/15; 3:05 PM EST = +3; signal line is +37

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short and prints the first number for this week yesterday slipping more into the bear camp. Focus on retail stocks specifically the RTH 76.47 bull-bear line in the sand. RTH begins the day at 76.45 two pennies in the bear camp creating broad market negativity. If RTH heads lower the stock market will weaken; if RTH recovers above 76.47 heading higher equities will rally.

For the SPX starting at 2075, the bears only need a smidge of red in the S&P futures and the SPX will accelerate lower after the opening bell. S&P futures are down -2. The bulls need to push the SPX above 2087 to regain their mojo. A move through 2076-2086 is sideways action. The bears are in charge with the algo number 34 points below the signal line.

11/13/15; 10:00 AM EST =

11/11/15; 3:05 PM EST = +3; signal line is +37

11/8/15; 7:00 PM EST = +19; signal line is +38

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the algorithm staggers along sideways without printing any numbers on Tuesday. Volatility sank lower during the afternoon providing lift to the stock market. Bears need higher volatility and/or lower semi's and retail stocks, and/or the SPX under 2054 to prove that down is the path ahead. The bulls need higher copper and utilities.

For the SPX starting at 2082, the bulls only need a couple points higher, to touch the 2084 handle and bingo, the upside will run strongly higher to the low 2090's. Watch the S&P futures overnight to see if the bulls can muster up a couple positive points. The bears need to push under 2070 to accelerate the downside. A move through 2071-2083 is sideways action for Wednesday. 

11/13/15; 10:00 AM EST =

11/8/15; 7:00 PM EST = +19; signal line is +38

STOCK MARKET BEARISH - -SHORT

Keybot the Quant remains short and did not print any numbers in the Monday trade. Volatility creeps higher which creates further bear fuel. Bears need VIX above 18.15 and RTH under 76.50 and SPX under 2054 to create more market negativity. Bulls need higher copper to stop the downside selling.

For the SPX starting at 2078, the bulls need to push above 2097 to regain their mojo. The bears need to push under 2068 to continue the downside. A move through 2069-2096 is sideways indecision action for Tuesday.

11/15/15; 7:00 PM EST =

11/13/15; 10:00 AM EST =

11/8/15; 7:00 PM EST = +19; signal line is +38

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short heading into the new week of trading. The algo prioritizes parameters that are most impacting stock market direction but currently about one-half of the key parameters are firmly in the bear camp and the other half firmly in the bull camp. Therefore, stocks would be expected to move sideways with a lower bias. The bears need weaker financials, higher volatility and the SPX under 2050 to lock in sustainable downside. The bulls need higher utility stocks, higher copper and commodities and a higher NYA Index to reestablish the upside rally.

For Monday with the SPX starting at 2099, the bulls need to push above 2102 and bingo, the upside will immediately accelerate to 2110. The bears need to push below 2084 to create a downside acceleration into the 2070's. A move through 2085-2101 is sideways action to begin the week. The bears are driving the bus; how far will they make it down the road? Keybot prints one pre-scheduled number this week on Friday morning.

11/15/15; 7:00 PM EST =

11/13/15; 10:00 AM EST =

11/8/15; 7:00 PM EST = +19; signal line is +38

11/6/15; 9:53 AM EST = +19; signal line is +38

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short through the weekend. The algo did not print any further numbers yesterday. The strangeness continues since the many parameters the model tracks are either entrenched into the bull camp or into the bear camp. Bears have the upper hand despite the stock market remaining buoyant. Next week's areas and levels of interest can  be identified after the Sunday pre-scheduled number prints tomorrow.

11/8/15; 7:00 PM EST =

11/6/15; 9:53 AM EST = +19; signal line is +38

11/6/15; 9:00 AM EST = +35; signal line is +39

STOCK MARKET BEARISH -- SHORT

Keybot is on the short side with the bears flexing their muscles. Utilities are in a mini-crash as Treasury yields jump higher. UTIL falls through 562.74 a key level that was in play for this week but not applicable until this morning since it was well below the price action; not anymore. Watch UTIL 562.74. The stock market will recover higher if UTIL moves above 562.74. If UTIL stays under the bears should maintain negativity. As an aside, with utilities under both their 50-week MA and below the levels from 15 weeks ago, this is an ominous sign for stocks for the weeks and months ahead. Bulls need to push UTIL above 562.74 pronto to prevent market deterioration.

The UTIL 562.74 value is only applicable until 4 PM EST today and is then replaced with 583.94 for all of next week. This number is 20 points higher so you can see the bears are on easy street and should maintain this utility feather in their cap going forward.

11/15/15; 7:00 PM EST =

11/8/15; 7:00 PM EST =

11/6/15; 9:53 AM EST = +19; signal line is +38

11/6/15; 9:00 AM EST = +35; signal line is +39

11/5/15; 10:33 AM EST = +35; signal line is +39; go short 2094; (Benchmark SPX for 2015 = +1.7%)(Keybot algo this trade = +4.1%; Keybot algo for 2015 = +13.5%)(Actual results this trade = +8.6%; Actual results for 2015 = +23.6%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side at SPX 2094 shortly after the last message. After one week of the model wanting to flip short it finally does this morning. The Monthly Jobs Report is in the morning so the stock market direction remains a coin flip. The algo is tracking UTIL 583.94 which is a valid number all through next week. UTIL begins at 579 so bulls need higher utilities. Bulls would also benefit from higher copper. Bears will benefit from lower financials and higher volatility.

For Friday, with the SPX starting at 2100, the bulls need to push above 2109 to signal the all-clear and create an upside acceleration towards 2120. The bears need to push under 2090 to accelerate the downside towards 2080. A move through 2091-2108 is sideways action to end the week. Pay attention to UTIL 583.94 into the closing bell since this level carries clout all next week.

On the last trade, the SPX Benchmark turns positive on the year up +1.7%. The algorithm program is up almost +14% this year. The actual trading is up nearly +24% on the year. Remember all the flat choppy whipsaw action during the first half of the year? Things are different now with a big August-September selloff and then October recovery. Keybot exited SSO and entered DXD remaining in the 2x ETF's. The bears are driving the bus now. Let's see what they got. The jobs report may create a violent move one way or the other so stay alert for a whipsaw.

11/8/15; 7:00 PM EST =
11/6/15; 9:00 AM EST =
11/5/15; 10:33 AM EST = +35; signal line is +39; go short 2094; (Benchmark SPX for 2015 = +1.7%)(Keybot algo this trade = +4.1%; Keybot algo for 2015 = +13.5%)(Actual results this trade = +8.6%; Actual results for 2015 = +23.6%)
11/1/15; 7:00 PM EST EOM = +35; signal line is +40 but algorithm remains long
10/3015; 10:00 AM EST = +35; signal line is +40 but algorithm remains long
10/2815; 10:31 AM EST = +36; signal line is +44 but algorithm remains long
10/2715; 3:17 PM EST = +52; signal line is +44
10/2715; 2:20 PM EST = +36; signal line is +43 but algorithm remains long
10/2715; 2:10 PM EST = +52; signal line is +43
10/2715; 1:57 PM EST = +36; signal line is +42 but algorithm remains long
10/2715; 10:00 AM EST = +52; signal line is +40
10/26/15; 12:01 PM EST = +54; signal line is +38
10/26/15; 11:32 AM EST = +38; signal line is +36
10/26/15; 11:22 AM EST = +54; signal line is +35
10/26/15; 10:46 AM EST = +38; signal line is +32
10/25/15; 7:00 PM EST = +54; signal line is +31
10/22/15; 2:59 PM EST = +54; signal line is +30
10/22/15; 2:03 PM EST = +40; signal line is +29
10/22/15; 12:29 PM EST = +54; signal line is +28
10/22/15; 10:57 AM EST = +40; signal line is +27
10/22/15; 9:52 AM EST = +56; signal line is +26
10/22/15; 9:36 AM EST = +40; signal line is +25
10/21/15; 3:22 PM EST = +24; signal line is +24 but algorithm remains long
10/21/15; 2:44 AM EST = +40; signal line is +24
10/21/15; 1:10 PM EST = +24; signal line is +24 but algorithm remains long
10/21/15; 10:44 AM EST = +40; signal line is +24
10/21/15; 10:32 AM EST = +24; signal line is +24 but algorithm remains long
10/20/15; 9:00 AM EST = +40; signal line is +23
10/19/15; 9:36 AM EST = +40; signal line is +22
10/18/15; 7:00 PM EST = +56; signal line is +21
10/16/15; 2:31 PM EST = +56; signal line is +21
10/16/15; 12:35 PM EST = +40; signal line is +19
10/16/15; 10:55 AM EST = +56; signal line is +18
10/16/15; 10:00 AM EST = +40; signal line is +17
10/15/15; 2:41 PM EST = +35; signal line is +15
10/15/15; 1:18 PM EST = +19; signal line is +13; go long 2011; (Benchmark SPX for 2015 = -2.3%)(Keybot algo this trade = -0.3%; Keybot algo for 2015 = +9.4%)(Actual results this trade = -0.4%; Actual results for 2015 = +15.0%)

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

Keybot remains long as the drama continues. The algo wants to flip short but internal rules will not latch to permit the move. Thursday trading is underway with the SPX at 2100. If it drops under 2097 and that holds for five or ten minutes, Keybot will likely flip short. Bulls need UTIL above 588.85 to signal the all-clear for more upside. Bears need to drop under 2097 then down under 2054 which would open the floodgates lower.

11/6/15; 9:00 AM EST =

11/1/15; 7:00 PM EST EOM = +35; signal line is +40 but algorithm remains long

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

Keybot the Quant remains long but the algo continues to want to flip short. Internal programming rules will not yet permit the flip to the short side. This is unprecedented behavior for the algorithm since as of tomorrow the model will have wanted to flip short for the last week but instead sits in limbo. The bulls need either UTIL above 588.85, JJC above 27.79 or NYA above 10758 to verify more upside in stocks. The strange thing is that markets would be expected to trade flat with a downward bias but instead is trading with an upward bias.

For Wednesday, with the SPX starting at 2110, the bears need to push under 2098 and Keybot will likely flip short as a downside acceleration occurs. The bulls need to push above 2116 to accelerate the upside. A move through 2099-2115 is sideways action. The algo has not printed any numbers over the last week except for last Friday's and Sunday's pre-scheduled numbers.

11/6/15; 9:00 AM EST =

11/1/15; 7:00 PM EST EOM = +35; signal line is +40 but algorithm remains long

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

Keybot the Quant remains long and the market strangeness continues. Keybot has wanted to flip short for the last 3-1/2 days but the internal programming rules will not yet latch to permit the move. The algo did not print any numbers today. Stocks rally big to begin the week and new month of November.

The SPX overtook 2094 so price accelerated higher above 2100. Interestingly, the bulls need higher copper and/or utilities to prove that more upside is the correct path ahead but both remain in the bear camp. This is extremely odd and unstable market behavior. Bulls need either UTIL above 588.81 and/or JJC above 27.75 to prove that the big upside rally will continue. Otherwise, the expectation would be for the upside move in stocks to stall.

For Tuesday, with the SPX starting at 2104, the bulls only need two points, to push up through 2106 and bingo, price will accelerate higher targeting 2110. Watch the overnight S&P futures to see if the bulls can muster up a couple positive points. The bears need to push under 2081, a formidable task, so instead bears will focus on keeping utes and copper in the bear camp which will stall the move higher in equities. A move through 2082-2105 is sideways action for Tuesday.  The bulls are driving the bus but the algo wants to flip short and the peculiar market action continues. The SPX likely needs to drop under 2081 for Keybot to flip short.

11/8/15; 7:00 PM EST =

11/6/15; 9:00 AM EST =

11/1/15; 7:00 PM EST EOM = +35; signal line is +40 but algorithm remains long

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

Keybot the Quant is long going into the new week of trading. The algo wants to flip short and will do so if the SPX moves lower through the 2073-2079 area. It is very likely that Keybot will flip short if the stock market begins Monday moving lower under 2079--as long as the move is not a large gap-down move.

Bulls need higher utilities, UTIL agove 589.25, and/or higher copper, JJC above 27.95, to signal the all-clear for more upside in stocks. If both parameters remain in the bear camp, stocks will float along sideways with a downward bias. The bears need SPX under 2079 which will likely trigger the model to flip short. If the SPX slips under 2050-2052 a whole new down leg for stocks will begin.

For the SPX starting at 2079, the bears need any smidge of red in the S&P futures and stocks will accelerate lower after the opening bell. The bulls need to keep the S&P futures positive overnight with all their might and then push the SPX above 2094 after the opening bell to accelerate the upside to 2100. A move through 2080-2093 is sideways action to begin the week.

Keybot has never gone this long (2-1/2 days) where the algo wants to flip in a new direction but the internal programming rules will not latch to permit the move. Something will happen tomorrow. Either utilities or copper will jump above the levels listed above to signal the all-clear for bulls, or, the SPX will head lower after the opening bell which will likely cause Keybot to go short. Keybot prints one pre-scheduled number this week on Friday morning before the opening bell. The bulls are driving the bus but the bears also have their paws on the wheel as the pair careens down the boulevard.

11/8/15; 7:00 PM EST =

11/6/15; 9:00 AM EST =

11/1/15; 7:00 PM EST EOM = +35; signal line is +40 but algorithm remains long

10/3015; 10:00 AM EST = +35; signal line is +40 but algorithm remains long