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

Keybot the Quant remains long going into the Friday session. The algo prints one number today as stocks fell in the afternoon. Keybot identifies the retail stocks and chips as the two most important influences on broad market direction currently. The bulls need RTH above 75.88 (now at 75.75) to resume the upside rally. The bears need to push SOX under 659.10 (now at 662.69) which will create significant market selling. If SOX drops under 659.10, and the SPX drops under 2072, Keybot will likely flip short hence the imminent turn notation is in the title line.

For the SPX on Friday starting at 2076, the bulls need to retrace the Thursday drop to 2099 to regain their mojo. The bears need to push below 2072 to accelerate the downside. A move through 2073-2098 is sideways action. Keybot prints a pre-scheduled number shortly after the opening bell. Pay close attention to any news on semiconductors overnight. The bears have it on a silver platter for the algo to flip short if the chips (SOX, SMH, XSD) cooperate.

5/1/16; 7:00 PM EST EOM =

4/29/16; 10:00 AM EST =

4/28/16; 3:29 PM EST = +77; signal line is +65

4/26/16; 10:00 AM EST = +93; signal line is +64

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The algo prints the pre-scheduled number but no additional numbers. The algo number is 29 points above the signal line showing that the bulls remain on easy street. Bears need either SOX under 659 or JJC under 25.23 to create market weakness and Keybot would likely set up to go short if both parameters fail. AAPL laid an egg with earnings after the closing bell this evening which will hurt chip stocks tomorrow and send SOX lower but time will tell how low.

For the SPX starting at 2092, the bulls need to touch the 2097 handle and bingo, price will run to 2102-2103 in a heartbeat. The bears need to push under 2086 to accelerate the downside that will seek the 2070's. A move through 2087-2091 is sideways action for hump day and a tight range so price is going to pick a direction. The Fed rate decision is Wednesday afternoon so price is going to commit one way or the other from 2 PM EST forward.

4/29/16; 10:00 AM EST =

4/26/16; 10:00 AM EST = +93; signal line is +64

4/24/16; 7:00 PM EST = +94; signal line is +63

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls maintain their advantage in the stock market. The algo idles along without printing any numbers on Monday. Bears need weaker chips and copper to confirm any move lower. Watch SOX 659 and JJC 25.25 as two bull-bear lines in the sand. If the stock market sells off but these two parameters remain bullish, the bears got nothing.

For the SPX starting at 2088, the bulls only need one point of upside to create a several-handle acceleration and S&P futures are +3. The bears need to push below 2078 to accelerate the downside. The bulls remain in control. There is weak news concerning chips out of Korea and Europe overnight so SOX may be interesting today. Keybot prints a pre-scheduled number this morning shortly after the opening bell.

4/29/16; 10:00 AM EST =

4/26/16; 10:00 AM EST =

4/24/16; 7:00 PM EST = +94; signal line is +63

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the algorithm is pegged to the ceiling at +94 (+100 is the maximum). It is rare for the algo to print this high, a multi-year event, so there may be something important and special occurring in the stock market. For now, Keybot remains comfortably long with all its parameters in the bull camp creating market upside. Bears need weaker semiconductors,  copper and commodities to push stocks lower.

For the SPX starting at 2092, the bulls only need a couple points, to push above 2094, and bingo, price will accelerate above 2100 quickly. The bears need to push below 2081 to accelerate the downside. A move through 2082-2093 is sideways action. Keybot prints two pre-scheduled numbers this week one on Tuesday morning and the other on Friday morning. Friday is EOM; there is only five trading days remaining in April. The bulls remain in control.

5/1/16; 7:00 PM EST EOM =

4/29/16; 10:00 AM EST =

4/26/16; 10:00 AM EST =

4/24/16; 7:00 PM EST = +94; signal line is +63

4/19/16; 9:00 AM EST = +94; signal line is +62

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The beat goes on. The algo is idling along without printing any numbers over the last couple days. Market bears need either SOX under 657 and/or JJC under 25.05. The bulls keep cruising along without a care in the world. It is interesting since Keybot is printing uber multi-year highs at +94.

For the SPX starting at 2091 on Friday, the bulls need to push above 2104 to launch price to 2011 in a heartbeat. The bears need to push under 2089 to accelerate the downside. A move through 2090-2103 is sideways action. Watch chips and copper.

4/24/16; 7:00 PM EST =

4/19/16; 9:00 AM EST = +94; signal line is +62

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls keep pushing higher. Copper and commodities run higher taking turns slapping the bears in the face. The algo began flagging chips today. Watch these three key parameters; SOX 657 (now at 666), JJC 25 (now at 25.72) and GTX 2150 (now at 2222). The market bears got nothing unless one of these three parameters turn bearish.

For the SPX on Wednesday starting at 2101, the bulls need three points of upside, to poke up through 2104 and the upside will quickly accelerate to 2011. The bears need to push under 2092 to accelerate the downside into the low 2080's. A move through 2093-2103 is sideways action for hump day. The bulls remain in firm control.

4/24/16; 7:00 PM EST =

4/19/16; 9:00 AM EST = +94; signal line is +62

Quarterly Reminder

It is time for the Quarterly Reminder;

Remember to support the KE Stone Series of blogs with the button in the right margin to continue the free original content concerning global markets and world economics. Any amount is welcome, especially from the tens of thousands of traders and other market enthusiasts that monitor the blogs daily; it all goes to a good cause. This message is not directed to the loyal supporters to the site.

Remember to help your local food banks since there are lots of folks that are hungry in society; some are too proud to ask for help so the food bank is one discreet way they can receive aid. Children need food in their bellies to learn properly. Go through your kitchen cupboards and load canned goods into a bag and donate it to your local food bank; lots of people would appreciate receiving that style of beans or perhaps creamed corn that you no longer prefer.

Also go through the closet and get rid of old clothes that are still in nice shape without any rips or stains and give them to the local Goodwill or other thrift shop. The ladies there will be happy to receive any goods and it will help folks in need.

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the Tuesday trade. The pre-scheduled number prints this week bumping the signal line number up a couple points. Bulls remain in firm control with the algo number 32 points above the signal line. The +94 is an uber overbot level for the stock market but the band plays on and the bullish party continues.

Bears got nothing unless either JJC drops under 24.90 and/or GTX under 2146. For the SPX starting at 2094, any smidge of positivity will accelerate stocks higher and S&P futures are +8 so bulls will pop stocks at the opening bell. The bears would need the SPX to drop under 2074 today to regain their mojo and accelerate the stock market lower.

4/24/16; 7:00 PM EST =

4/19/16; 9:00 AM EST = +94; signal line is +62

4/18/16; 9:54 AM EST = +94; signal line is +60

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The algo is off to a solid start this week printing three numbers. Well, look at that. For the third time in the last couple months the +94 uber high occurs. The maximum is +100 so the meter is pegged to the upside.  An algo number this high is very rare and hints that a multi-year market top may be in play. Keybot, however, only sees 1's and 0's and for now, the bulls are winning.

Bears need copper to drop to stop the market rally. Watch JJC 24.90. If that fails, bears can receive further downside fuel with GTX 2146. If copper and commodities remain bullish, stocks will float along sideways to sideways higher. The SPX prints the high for the year thus far at 2094.

4/24/16; 7:00 PM EST =

4/19/16; 9:00 AM EST =

4/18/16; 9:54 AM EST = +94; signal line is +60

4/18/16; 9:46 AM EST = +80; signal line is +60

4/18/16; 9:36 AM EST = +64; signal line is +60

4/17/16; 7:00 PM EST = +78; signal line is +60

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long to begin the new week of trading. Market bulls need JJC to move above 24.90 to signal the all-clear for the stock market rally to continue. Watch to see if copper is positive overnight. The bears need to push GTX under 2146 to create another strong downward leg of stock market selling. The week begins with the battle of commodities versus copper which in turn dictates the broad stock market direction.

For the SPX starting at 2081, the bulls only need two points of upside, to move above 2083, and an upside acceleration will kick in sending price towards 2090. The bears need to push under 2076 to accelerate the downside. A move through 2077-2082 is sideways action for Monday. This is a tight range so price will likely choose one direction or the other rather than remaining sideways. The bulls remain in control.

4/24/16; 7:00 PM EST =

4/19/16; 9:00 AM EST =

4/17/16; 7:00 PM EST = +78; signal line is +60

4/15/16; 10:00 AM EST = +78; signal line is +61

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The drama with copper and commodities will continue on Monday. The exact levels can be identified after tomorrow's pre-scheduled number prints.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST = +78; signal line is +61

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains comfortably long as the bears begin growling pushing JJC under 24.90. Bulls need to push JJC above 24.90 to restart the upside rally. Bears need to push GTX under 2146 (now at 2163) to take the stock market another leg lower. If JJC remains under 24.90, and GTX above 2146, stocks will float along sideways to end the week. If copper drops in the afternoon the bias would be down for the broad stock market but if JJC teases higher to 24.90 stocks will have a positive bias into the closing bell. The algo number is 17 points above the signal line.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST = +78; signal line is +61

4/15/16; 9:36 AM EST = +78; signal line is +61

4/13/16; 9:36 AM EST = +94; signal line is +61

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as copper remains elevated. Market bears got nothing unless they push JJC under 24.90 (now at 25.00) so watch to see if copper is trading lower, or not. Bears will receive further downside fuel with GTX under 2146 (now at 2197). The +94 algo number is pegged to the ceiling (the maximum is +100). The coming days and weeks should prove very interesting. Bulls simply need to keep JJC above 24.90 and stocks will keep floating higher.

For Friday for the SPX starting at 2083, the bulls need to touch the 2088 handle and the upside will accelerate above 2090 in a flash. The bears need to push under 2078 to accelerate the downside. A move through 2079-2087 is sideways action to end the week. Watch the US dollar since if it starts to ramp higher it will knock copper and commodities lower. Keybot prints a pre-scheduled number shortly after the opening bell tomorrow. All you have to do is watch JJC 24.90; that is when stocks would start to retreat.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST =

4/13/16; 9:36 AM EST = +94; signal line is +61

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as copper jumps into the bull camp driving the upside gains. Watch JJC 24.90 since this bull-bear line in the sand will dictate whether the stock market goes up or down. JJC is currently printing a few pennies above at 24.94. The bulls are cruising along without a care in the world.

However, note the +94 algo number. This is a very rare unprecedented high print. It verifies the bull party but over the coming weeks it is telling you that there is likely a significant stock market top forming and perhaps trouble ahead when it falls  back down. Remember the +93 print from a couple-three weeks ago. Typically stocks will sell off and then come back up for another look and then roll over. The +94 is nose-bleed territory representing uber bullish optimism in the stock market. Keybot only sees 1's and 0's so time will tell. Bears got nothing until they move JJC under 24.90.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST =

4/13/16; 9:36 AM EST = +94; signal line is +61

4/12/16; 9:36 AM EST = +78; signal line is +59

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The algo printed one number a few minutes after the opening bell. The algo number is 19 points above the signal line. The fix was in for bulls from the get go with financials, commodities and the NYA Index all launching higher. Tuesday was a big day for bulls.

Wednesday is setting up as a fight between financials and copper. The market bulls win and the stock market rally continues higher if JJC moves above 24.91. The bears need to push XLF under 22.15 to regain their downside mojo. If JJC remains below 24.91 and XLF above 22.15, status quo, stocks will float along sideways with an upward bias.

For the SPX starting at 2062, the bulls need to push above 2065 to accelerate the upside towards 2070 in a flash. The bears need to push under 2040 to accelerate the downside. A move through 2041-2064 is sideways action for Wednesday. JPM bank earnings will impact the XLF. Watch copper overnight since if it is trading positively that will hint that the bull rally party will continue on Wednesday. Copper determines if stocks move higher, or not, going forward.

4/15/16; 10:00 AM EST =

4/12/16; 9:36 AM EST = +78; signal line is +59

4/11/16; 3:57 PM EST = +64; signal line is +59

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

Keybot the Quant flipped to the long side today. Stocks sold off late in the day. The NYA lost the important 10122 level that remains in play. XLF drops to end exactly at the 22.14 level called out by the algorithm ahead of time. Isn't it amazing that the algorithm can identify these important parameters and their specific key levels before they occur? As financials go, so goes the markets. GTX 2146 remains key to market direction.

Bulls win if they send NYA above 10122. Bears win if they either send XLF under 22.14 and/or GTX under 2146. Both turning bearish would guarantee a collapse in stocks. If one of the two turn bearish, Keybot will likely flip back to the short side. Thus, the imminent turn notation is in the title line since the algo may whipsaw back to the short side on Tuesday.

For the SPX starting at 2042, the bulls need to push above 2063, a formidable task, so instead, bulls will focus on pushing the NYA higher. The bears need any smidge of red in the S&P futures overnight and the SPX will accelerate lower at the opening bell. A move through 2043-2062 is sideways action for Tuesday. The pivot by XLF off the 22.14 level will tell you the stock market direction. Watch the banks.

4/15/16; 10:00 AM EST =

4/11/16; 3:57 PM EST = +64; signal line is +59

4/11/16; 9:42 AM EST = +78; signal line is +58; go long 2056; (Benchmark SPX for 2016 = +0.6%)(Keybot algo this trade = -0.5%; Keybot algo for 2016 = +7.1%)(Actual results this trade = -0.0%; Actual results for 2016 = +12.8%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips long this morning at SPX 2056 after the three key parameters previously highlighted all jump into the bull camp creating today's rally. Watch GTX 2146, NYA 10120 and XLF 22.14 as the three key bull-bear parameters controlling broad market direction. Market bears can stop the rally only by turning one of the three bearish. Bulls will receive further fuel with higher copper. As always, stay alert for a whipsaw back to the short side in these choppy sideways markets.

The SPX benchmark index is up marginally this year +0.6% after over three months of drama. For the last trade, the Keybot algo program loses -0.5% and the actual trading is dead flat. Stocks move choppy sideways chewing up bulls and bears alike. Keybot exited RWM and entered IWM. With a couple hours remaining in the Monday trading session, GTX is 2150, NYA is 10160 and XLF is at 22.24. Commodities, GTX, are only 4 ticks away from flipping back into the bear camp. Looks like the sideways drama continues.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST =

4/11/16; 9:42 AM EST = +78; signal line is +58; go long 2056; (Benchmark SPX for 2016 = +0.6%)(Keybot algo this trade = -0.5%; Keybot algo for 2016 = +7.1%)(Actual results this trade = -0.0%; Actual results for 2016 = +12.8%)

4/11/16; 9:36 AM EST = +62; signal line is +58

4/10/16; 7:00 PM EST = +34; signal line is +59

4/8/16; 2:28 PM EST = +34; signal line is +61

4/8/16; 2:17 PM EST = +48; signal line is +62

4/8/16; 12:25 PM EST = +34; signal line is +64

4/8/16; 12:11 PM EST = +50; signal line is +65

4/8/16; 11:39 AM EST = +34; signal line is +67

4/8/16; 9:52 AM EST = +64; signal line is +68

4/7/16; 10:22 AM EST = +34; signal line is +69

4/7/16; 9:36 AM EST = +50; signal line is +71

4/6/16; 3:11 PM EST = +64; signal line is +72

4/5/16; 9:36 AM EST = +50; signal line is +73

4/3/16; 7:00 PM EST = +64; signal line is +75

4/1/16; 11:06 AM EST = +64; signal line is +76

4/1/16; 10:58 AM EST = +50; signal line is +77

4/1/16; 10:44 AM EST = +64; signal line is +78

4/1/16; 10:00 AM EST = +50; signal line is +79

4/1/16; 9:36 AM EST = +50; signal line is +80; go short 2046; (Benchmark SPX for 2016 = +0.1%)(Keybot algo this trade = -0.2%; Keybot algo for 2016 = +7.6%)(Actual results this trade = -0.2%; Actual results for 2016 = +12.8%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short moving into the Monday session to begin a new week of trading. GTX is under 2146, NYA is under 10141 and XLF is under 22.16 which provide the bear negativity pushing the stock market lower. Bulls need to turn at least one of these three parameters bullish and that will stop the market selling. If 2 of the 3 turn bullish, and the SPX moves above 2061, Keybot will probably flip long. If 2 of 3 turn bullish consider the imminent turn to the long side to be on tap.

The market bears are fine if the three parameters above remain in the bear camp. If the stock market rallies but the three parameters remain bearish, then stocks will roll back over to the downside. The bears need either SPX under 2029 and/or RTH under 75.15 to flush markets lower.

For the SPX starting at 2048, the bulls need to touch the 2061 handle to create an upside acceleration. The bears need to push under 2042 to accelerate the downside. A move through 2043-2060 is sideways action to begin the week. Keybot prints one pre-scheduled number this week on Friday morning.

4/17/16; 7:00 PM EST =

4/15/16; 10:00 AM EST =

4/10/16; 7:00 PM EST = +34; signal line is +59

4/8/16; 2:28 PM EST = +34; signal line is +61

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short through the weekend. The bulls started to make a run in the afternoon yesterday but the NYA and XLF retreated sending the stock market lower. The NYA Index, financials and commodities will play a key role on Monday morning; the bull-bear lines are currently at NYA 10141, XLF 22.16 and GTX 2146. Bears are fine as long as all three remain bearish. If any of the three flip long, the stock market will recover.

Monday can be set up after the Sunday pre-scheduled number prints tomorrow. The algo number is 27 points below the signal line with the bears in full control, however, the parameters mentioned above are teetering on the bull-bear lines in the sand. Thus, markets remain a coin flip.

4/10/16; 7:00 PM EST =

4/8/16; 2:28 PM EST = +34; signal line is +61

4/8/16; 2:17 PM EST = +48; signal line is +62

4/8/16; 12:25 PM EST = +34; signal line is +64

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short and the algorithm is active on Friday printing four numbers with a couple hours remaining in trading. Pay attention to XLF 22.16 and NYA 10140 to forecast broad market direction. Both are only a hair in the bear camp causing market negativity; NYA is at 10136 and XLF is at 22.12. If both turn bullish and the SPX moves above 2063, Keybot may flip long. Bears are fine as long as they maintain the weakness in the NYA Index and in financials.

4/10/16; 7:00 PM EST =

4/8/16; 12:25 PM EST = +34; signal line is +64

4/8/16; 12:11 PM EST = +50; signal line is +65

4/8/16; 11:39 AM EST = +34; signal line is +67

4/8/16; 9:52 AM EST = +64; signal line is +68

4/7/16; 10:22 AM EST = +34; signal line is +69

NOTE: A couple minutes after the message above, the NYA teases above 10140 moving into the bull camp which creates the lift in the stock market. XLF remains hesitant at 22.14-22.15. The beat goes on.

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. Keybot prints two numbers today and the algo number is 35 points under the signal line with the bears in firm control. NYA turns bearish again and financials collapse ushering in market weakness. Friday appears to be setting up as a fight between financials and the SPX. Market bulls need to push XLF above 22.16 and this will at least stop the stock market selling and send stocks sideways with an upward bias into the weekend.

Market bears need SPX to drop under 2029 and stocks will likely sell off very strong perhaps going into free fall to 2000. If SPX remains above 2029, and XLF remains under 22.16, the stock market will remain in status quo, staggering sideways like a drunkard on Saturday night.

For the SPX starting at 2042, the bulls would need to push above 2063 to regain their mojo, a formidable task, so instead bulls will focus like a laser on pushing the banks higher. The bears need to push under 2034 to accelerate the downside. A failure of 2034 will immediately send price to the 2029 for a critical bounce or die decision. A move through 2035-2062 is sideways action to end the week. Listen for any news on banks overnight and watch XLF 22.16 and SPX 2029 as the key to broad market direction forward.

4/10/16; 7:00 PM EST =

4/7/16; 10:22 AM EST = +34; signal line is +69

4/7/16; 9:36 AM EST = +50; signal line is +71

4/6/16; 3:11 PM EST = +64; signal line is +72

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as the bulls run today boosted by the NYA Index moving above the critical 10140 bull-bear line in the sand. Thursday will be a fight between copper and the NYA. Market bulls need JJC above 25.09 which will create an upside rally and if SPX moves above 2067 in conjunction with higher copper, Keybot will likely flip long. If you see copper trading higher overnight consider the imminent turn notation to be in play since the bulls will likely be running on Thursday. If copper is negative, that will be bear-friendly.

The market bears need to push NYA under 10140 pronto and that will start the market selling off again. The algo is identifying financials as another top tier parameter determining market direction currently.  Watch XLF 22.16; if this level fails, stocks will probably sell off dramatically in force.

For the SPX on Thursday starting at 2067, the bulls need any smidge of green in the overnight S&P futures and bingo, stocks will rally strongly higher after the opening bell for the regular session. The bears need to push under 2043 to accelerate the downside, a formidable task, so instead the bears will focus on pushing NYA and XLF lower. A move through 2044-2066 is sideways action for Thursday. As the NYA Index moves, the broad stock market will move. Watch NYA 10140 like a hawk.

4/10/16; 7:00 PM EST =

4/6/16; 3:11 PM EST = +64; signal line is +72

4/5/16; 9:36 AM EST = +50; signal line is +73

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The NYA lost the important 10140 level which ushered in another leg lower for the stock market. Bulls need either NYA above 10140 or JJC above 25.09 to stop the market selling. Bears need the SPX to drop under 2029 which would usher in a strong flush lower for equities.

For the SPX starting at 2045 for Wednesday's trade, the bulls need to push above 2062, a formidable task, to create an upside acceleration, so instead the bulls will focus on pushing NYA and JJC above the targets above which would restart the rally. The bears need to push the SPX under 2043 and a downside acceleration will occur probably targeting a test of 2029 in quick order. A move through 2044-2061 is sideways action for hump day.

It is interesting to see the SPX retreat over the last couple days coming back down to where the algorithm flipped short late Friday at SPX 2045-2046. Keybot's position flip to the bear camp looked odd at the time because the SPX jumped to 2075 but price came all the way back down. Robots are always smarter than humans.

4/10/16; 7:00 PM EST =

4/5/16; 9:36 AM EST = +50; signal line is +73

4/3/16; 7:00 PM EST = +64; signal line is +75

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains on the short side and did not print any numbers on Monday. The bulls could not push JJC above 25.07 so they could not continue the stock  market rally. Tuesday is a fight between copper and the NYA index. If JJC moves above 25.07, the stock market will recover and head higher and Keybot may potentially flip to the long side. If NYA drops under 10140, the stock market is in trouble as it sells off.

If NYA fails at 10140, watch the SPX 2030 level since failure there could send stocks into a free fall drop. For the SPX starting at 2066, the bulls need to push above 2074 to accelerate the upside. The bears need to push under 2063 to accelerate the downside. S&P futures are down -17 points about one-half hour before the regular trading session begins. The bears have the ball. Watch NYA 10140, SPX 2030 and JJC 25.07 to determine market direction.

4/10/16; 7:00 PM EST =

4/3/16; 7:00 PM EST = +64; signal line is +75

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

Keybot the Quant is on the short side to begin the new week of trading. The markets are a coin flip. Copper and the NYA Index are the two key drivers of stock market direction right now. Watch JJC 25.14. Price is at 25.05 only 9 pennies in the bear camp. If JJC moves above 25.14 and the SPX moves above 2075, Keybot will likely flip back to the long side. Hence, the imminent turn notation is in the title line. Market bears should be fine as long as they keep JJC under 25.14.

Watch NYA 10156 now at 10220 in the bull camp. Big trouble begins in the stock market if NYA loses 10156. Each day that NYA is above 10156 adds strength to the bull rally.

For the SPX starting at 2073, the bulls only need two points of upside, to poke above 2075, which will create an upside acceleration and a joyous bull celebration. Watch the overnight S&P futures to see if two green points are there, or not. The bears need to push under 2044 to accelerate the downside, a formidable task, so instead the bears will focus on keeping copper weak and send the NYA lower which will maintain a lid on the stock market rally and turn things south.

Keybot does not print any pre-scheduled numbers this week. Watch copper overnight since it will tell you the tale for stock market direction tomorrow. As copper goes, so goes the market. The algo number is 11 points below the signal line in the bear camp but that would change quickly if copper rallies.

4/10/16; 7:00 PM EST =

4/3/16; 7:00 PM EST = +64; signal line is +75

4/1/16; 11:06 AM EST = +64; signal line is +76

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

Keybot the Quant flips to the short side this morning at SPX 2046 after the opening bell. However, the stock market recovers all day long creating an odd day and interesting week ahead next week. Despite the rally into the closing bell, the algo number remains under the signal line by 12 points. Markets are in a choppy sideways pattern that will chew up bulls and bears. Copper is going to be the key to begin the week and will tell the tale for stocks overnight Sunday into Monday.

The benchmark SPX remains flat on the year. For the last trade, that only lasted 2-1/2 days, the algo program lost a smidge and ditto the actual trading. Keybot exited SPY and entered RWM. The algo may whipsaw back o the long side on Monday; it will likely depend on copper. The imminent turn notation is in the title line since markets are very erratic and unpredictable. The bears are winning at least into Monday's opening bell. Monday may be interesting.

4/3/16; 7:00 PM EST =

4/1/16; 11:06 AM EST = +64; signal line is +76

4/1/16; 10:58 AM EST = +50; signal line is +77

4/1/16; 10:44 AM EST = +64; signal line is +78

4/1/16; 10:00 AM EST = +50; signal line is +79

4/1/16; 9:36 AM EST = +50; signal line is +80; go short 2046; (Benchmark SPX for 2016 = +0.1%)(Keybot algo this trade = -0.2%; Keybot algo for 2016 = +7.6%)(Actual results this trade = -0.2%; Actual results for 2016 = +12.8%)

4/1/16; 9:00 AM EST = +80; signal line is +80 but algorithm remains long

3/31/16; 7:00 PM EST EOM = +80; signal line is +80 but algorithm remains long

3/30/16; 10:07 AM EST = +80; signal line is +80 but algorithm remains long

3/30/16; 9:52 AM EST = +94; signal line is +79

3/29/16; 2:15 PM EST = +80; signal line is +77; go long 2050; (Benchmark SPX for 2016 = +0.3%)(Keybot algo this trade = -1.2%; Keybot algo for 2016 = +7.8%)(Actual results this trade = -1.4%; Actual results for 2016 = +13.0%)