STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is back on the long side with choppy action continuing. The site has not been updated since Monday. On Tuesday afternoon, Keybot flips long and yesterday (Wednesday) three numbers print increasing the bull strength. Lower volatility has  pumped the stock market higher since Tuesday and financials add more upside juice. The SPX also overtook the key SPX 2053 level (12-month MA) which accelerated the upside. Utilities are key currently. The bulls need to push UTIL above 581.70 and as this is typed that occurs. UTIL is at 582. Watch and see if UTIL remains above and moving higher, if so, the stock market will float higher. If UTIL drops under 581.70, equities should leak lower.

SPX 2053 is a key level and markets would quickly deteriorate if this level fail. The SPX is at 2062 as this is typed. So the bulls need UTIL to remain above 581.70 while the bears need SPX under 2053 and XLF (financials) under 23.86.

On the last trade, the Keybot program and actual trading gain a hair, call it flat. The whipsaw nature of markets continues. This is the style of action that occurred in the beginning of the year. Keybot exits RWM and enters IVV. The benchmark SPX will dance along 2059 which is the starting number for the year. UTIL is at 581.74 right now. As utilities go, so goes the markets. In these choppy markets, anything can happen. Markets close early today at 1 PM EST in a couple hours time.

12/27/15; 7:00 PM EST =

12/23/15; 10:42 AM EST = +33; signal line is +5

12/23/15; 10:00 AM EST = +19; signal line is +4

12/23/15; 9:51 AM EST = +18; signal line is +3

12/22/15; 12:35 PM EST = +2; signal line is +2; go long 2031; (Benchmark SPX for 2015 = -1.4%)(Keybot algo this trade = +0.3%; Keybot algo for 2015 = +10.3%)(Actual results this trade = +0.2%; Actual results for 2015 = +18.8%)

12/21/15; 3:37 PM EST = +2; signal line is +2 but algorithm remains short

12/21/15; 3:15 PM EST = -12; signal line is +1

12/21/15; 1:07 PM EST = +2; signal line is -1 but algorithm remains short

12/21/15; 12:28 PM EST = -12; signal line is -2

12/21/15; 11:41 AM EST = -28; signal line is -3

12/21/15; 11:19 AM EST = -12; signal line is -3

12/21/15; 10:11 AM EST = +2; signal line is -3 but algorithm remains short

12/21/15; 10:07 AM EST = -14; signal line is -3

12/20/15; 7:00 PM EST = -28; signal line is -3

12/18/15; 9:30 AM EST = -28; signal line is -3; go short 2037; (Benchmark SPX for 2015 = -1.1%)(Keybot algo this trade = -1.1%; Keybot algo for 2015 = +10.0%)(Actual results this trade = -1.0%; Actual results for 2015 = +18.6%)