STOCK MARKET BULLISH -- LONG -- CAUTION

10/2/16; 7:00 PM EST EOM =

9/30/16; 10:00 AM EST =

9/27/16; 10:00 AM EST =

9/25/16; 7:00 PM EST = +65; signal line is +37

9/22/16; 1:01 PM EST = +65; signal line is +36

9/22/16; 11:06 AM EST = +79; signal line is +35

9/22/16; 10:58 AM EST = +65; signal line is +34

9/22/16; 9:36 AM EST = +79; signal line is +33

9/21/16; 2:06 PM EST = +65; signal line is +32

9/21/16; 1:51 PM EST = +51; signal line is +31

9/21/16; 11:02 AM EST = +35; signal line is +31

9/21/16; 10:06 AM EST = +49; signal line is +32

9/20/16; 11:37 AM EST = +35; signal line is +32

9/20/16; 9:38 AM EST = +51; signal line is +33

9/20/16; 9:00 AM EST = +35; signal line is +33

9/19/16; 9:36 AM EST = +35; signal line is +34; go long 2148; (Benchmark SPX for 2016 = +5.1%)(Keybot algo this trade = +0.8%; Keybot algo for 2016 = +11.6%)(Actual results this trade = +1.0%; Actual results for 2016 = +18.7%)

9/18/16; 7:00 PM EST = +19; signal line is +34

Quarterly Reminder September 2016

It's time for the Quarterly Reminder,

The KE Stone blogs (Keybot the Quant; Keystone Speculator; Keystone the Scribe) generate huge international interest with thousands of daily followers and continue to increase but the support does not match the strong interest. At the same time, ad blocking software continues to destroy free original content on the internet.

Daily updates to the Keystone the Scribe website are suspended but the Daily Chronology of Global Markets and World Economics monthly publications will continue through Amazon. The September Daily Chronology 2016-09 will be published and available internationally on 10/1/16. The October release is tentatively set for a 11/5/16 publication date.

The Keybot the Quant algorithm updates are suspended. Ditto all the charts and valuable technical analysis on the Keystone Speculator site. The support for the sites do not match the thousands of daily users. Proceeds from the blogs go to charity.

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

Keybot the Quant remains short heading into the new week of trading. Late in Friday trading utilities, UTIL, ran higher to test the 672.35 level that Keybot called out before it happened. UTIL was unable to punch up through and failed the last few minutes into the closing bell. It is astounding that the model is able to identify these levels ahead of time. For the new week ahead, the UTIL 672.35 is no longer applicable and instead the 680.62 level is in play and price begins at 665. Thus, the utes will exert bearishness on the stock market. Bulls will be winning big in the week ahead if UTIL moves above 681.

The algo is tracking financials, copper and volatility as the three most influential parameters impacting broad stock market direction currently. The market bulls win if XLF (banks) moves above 23.76 or if VIX (volatility) drops under 14.50. The market bears win if JJC drops under 24.27 so watch to see how copper trades overnight into Monday.

For the SPX starting at 2139, the bulls need to push above 2146 to accelerate the upside. If XLF pushes above 23.76 and SPX moves above 2146, Keybot will likely flip to the long side, hence the imminent turn notation in the title line. The bears need to push the SPX under 2131 to accelerate the downside. A move through 2132-2145 is sideways action to begin the week.

Keybot prints one pre-scheduled on Tuesday morning but updates will no longer be provided due to lack of support for the site. The KE Stone blogs (Keybot the Quant; Keystone Speculator; Keystone the Scribe) generate huge international interest with thousands of daily followers and continue to increase but the support does not match the strong interest.

9/25/16; 7:00 PM EST =

9/20/16; 9:00 AM EST =

9/18/16; 7:00 PM EST = +19; signal line is +34

9/16/16; 3:59 PM EST = +19; signal line is +35

9/16/16; 3:54 PM EST = +35; signal line is +36

9/16/16; 10:00 AM EST = +19; signal line is +36

9/16/16; 9:36 AM EST = +20; signal line is +37

9/15/16; 10:10 AM EST = +36; signal line is +39

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The algo prints one number thus far today with the algo number only 3 points under the signal line. Bulls and bears are fighting for control of markets. The bulls push XLF above 23.84 so stocks rally. Bears need XLF under 23.84 or they got nothing. Bulls need to push utilities, retail stocks and commodities higher but the three parameters are not yet cooperating. The beat goes on.

9/18/16; 7:00 PM EST =

9/16/16; 10:00 AM EST =

9/15/16; 10:10 AM EST = +36; signal line is +39

9/14/16; 3:28 PM EST = +20; signal line is +39

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short moving into the Thursday session. The algo prints four numbers in yesterday's trade. Note that the algo number came within 5 points of the signal line representing a market that may want to float higher.

Copper catapults higher creating lift in stocks. JJC is above the important 24.25 level identified by Keybot. Financials collapse under Keybot's key level at XLF 23.84 into yesterday's closing bell which creates broad stock market negativity. It is amazing how Keybot can call out the important parameters and specific levels before they occur. If you are not impressed, you should be.

XLF 23.84 tells the market story. Stocks will rally if XLF moves higher. The bears will create market negativity if XLF remains under 23.84 heading lower. Bears will also benefit if JJC drops under 24.25. Bulls will be happy with stocks rallying if copper remains strong and if financials rally.

For the SPX starting at 2126, the bulls need to push above 2141 to accelerate the upside while the bears need to push below 2120 to accelerate the downside. A move through 2121-2140 is sideways action for Thursday. Watch the banks.

9/18/16; 7:00 PM EST =

9/16/16; 10:00 AM EST =

9/14/16; 3:28 PM EST = +20; signal line is +39

9/14/16; 10:16 AM EST = +36; signal line is +41

9/14/16; 10:02 AM EST = +20; signal line is +42

9/14/16; 9:38 AM EST = +36; signal line is +43

9/13/16; 1:18 PM EST = +20; signal line is +44

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. XLF 23.84 remains the key to the market. Price is at 23.88 creating lift in stocks. Bears need to push XLF under 23.84 and that will seal the negative fate for equities. If XLF remains above 23.84, stocks will float higher going forward.

For the SPX on Wednesday starting at 2127, the bulls need to push above 2150 to regain their mojo, a formidable task. Instead, the bulls will focus on pushing the banks higher. The bears need to push under SPX 2120 to accelerate the downside that will slice through 2118 in an instant and seek 2110. A move through 2121-2149 is sideways action.

9/18/16; 7:00 PM EST =

9/16/16; 10:00 AM EST =

9/13/16; 1:18 PM EST = +20; signal line is +44

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the fight at XLF 23.84 continues. Note that equities are down near the lows but XLF comes back down to 23.88 not testing the 23.84. Keybot only sees 1's and 0's but this behavior may hint that the bulls are planning a mini relief rally. XLF 23.84 is key. Bulls need to drive volatility lower and utilities, copper, and commodities higher. The bears remain in control with the algo number 24 points under the signal line.

9/16/16; 10:00 AM EST =

9/13/16; 1:18 PM EST = +20; signal line is +44

9/13/16; 12:57 PM EST = +4; signal line is +45

9/13/16; 12:12 PM EST = +20; signal line is +47

9/13/16; 11:55 AM EST = +4; signal line is +49

9/12/16; 9:36 AM EST = +20; signal line is +52

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the Tuesday session reverses the Monday joy in stocks. Keybot does not print any numbers yet today but the algo is tracking financials as the key parameter determining broad market direction. Watch the XLF 23.84 bull-bear line in the sand like a hawk. Stocks may drop into free fall if XLF 23.84 fails, at the least another strong down leg will occur. Bulls can continue to set the stage for a recover if they hold the XLF 23.84 support.

XLF is at ....... wait for it........ 23.84. Bounce or die. SPX is at 2127. XLF 21.84 is telling the market story as this is typed.

9/18/16; 7:00 PM EST =

9/16/16; 10:00 AM EST =

9/12/16; 9:36 AM EST = +20; signal line is +52

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short after a big snap-back rally occurs to begin the week. Keybot prints one number which drives the model more bearish. It is surprising to see the rally after the utilities failed. After the opening bell, both the semiconductors and financials were on the verge of creating more downside but recovered.

For Tuesday, stocks would be expected to roll back over to the downside unless utilities move higher and/or volatility lower. Watch UTIL 672.35 now at 667.52 creating bearishness. Watch VIX 14.51 now at 14.96 creating bearishness.

If UTIL moves above 672.35 and VIX below 14.51, consider the imminent turn to the long side to be in play. If both of these parameters turn bullish and the SPX moves above 2163, Keybot may flip to the long side.

For the SPX starting at 2159, the bulls need to push above 2163 and the upside will accelerate quickly towards 2170. The bears need to push below 2119 to get their mojo back. A move through 2120-2162 is sideways action for Tuesday. The bears remain in control. Watch utilities and volatility. The intraday moves and day-to-day moves will increase in magnitude in the major indexes as volatility rises.

9/18/16; 7:00 PM EST =

9/16/16; 10:00 AM EST =

9/12/16; 9:36 AM EST = +20; signal line is +52

9/11/16; 7:00 PM EST = +36; signal line is +55

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short moving into the new week of trading. UTIL 672.35 is a key bull-bear level that is in play for the entire week so monitor this level closely. Bears have the edge as long as utilities remain below 672.35 in the bear camp. The bears need lower semiconductors, SOX under 764.90 (now at 768.37) to create another substantive down leg in the stock market.

Bulls need UTIL above 672.35 to stop the market selling. Also, GTX above 2262 and/or VIX under 14.53 will help the bulls recover. Pay the closest attention to UTIL 672.35 as the week begins.

For the SPX starting at 2128, the bears need any smidge of negativity in the S&P futures overnight and the SPX price will move several handles lower after the opening bell. The market bulls need to recover Friday's losses to get their mojo back, a formidable task, so instead bulls will focus on pushing utes higher, chips higher, commodities higher and volatility lower. A move through SPX 2129-2168 is considered sideways action to begin the week.

The bears are in control with the algo number 19 points under the signal line. This spread will increase (more bear-friendly) after Monday's opening bell due to UTIL under 672.35. Keybot prints one pre-scheduled number this week on Friday morning shortly after the opening bell.

9/18/16; 7:00 PM EST =

9/16/16; 10:00 AM EST =

9/11/16; 7:00 PM EST = +36; signal line is +55

9/9/16; 11:44 AM EST = +36; signal line is +57

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. The algorithm was active yesterday printing four more numbers in the late morning period. The bears remain in control with the algo number 21 points under the signal line.

UTIL finishes at 667.51 under the key bull-bear line in the sand that is applicable for all of next week at 672.35. Pay very close attention to this number each day forward. Utilities should cause broad stock market weakness after Monday's opening bell. Keybot is also tracking semiconductors and volatility as two other key parameters most impacting stock market direction currently.

Parameters of interest and their levels can be provided after tomorrow's pre-scheduled number prints.

9/11/16; 7:00 PM EST =

9/9/16; 11:44 AM EST = +36; signal line is +57

9/9/16; 11:26 AM EST = +50; signal line is +58

9/9/16; 11:21 AM EST = +36; signal line is +60

9/9/16; 11:07 AM EST = +50; signal line is +61

9/9/16; 10:44 AM EST = +36; signal line is +63

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short and prints a number this morning. Speak of the volatility devil; it spiked higher as the prior message was typed so stocks take another leg lower. Watch VIX 14.42 and UTIL 672.35. Use VIX 14.42 as your rudder that steer's the broad stock market ship. The algo number is 27 points below the signal line displaying the bearishness in markets.

9/11/16; 7:00 PM EST =

9/9/16; 10:44 AM EST = +36; signal line is +63

9/7/16; 9:36 AM EST = +50; signal line is +64

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short. The algo is motoring along without printing any numbers since Wednesday. Retail stocks fell off a cliff so you knew the broad stock market was in trouble. Volatility and utilities are key. The market bears need VIX above 14.42 to guarantee market carnage ahead. If the VIX does not move above 14.42, the bulls have no worries.

Remember last weekend the utilities were mentioned especially as to how they close today. Go back and read that again. The key bull-bear level this week is UTIL 656.28. Utes have remained comfortably above this level so utilities are supporting the broad stock market. The bull-bear line in the sand for next week is UTIL 672.35. Price is at 667.51; a failure. The 672.35 is not applicable, however, until the closing bell sounds today so keep an eye on it. If UTIL finishes under 672.35 today, then stocks will likely take another leg lower on Monday. The beat goes on.

9/11/16; 7:00 PM EST =

9/7/16; 9:36 AM EST = +50; signal line is +64

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

Keybot the Quant remains short as the market drama continues. Keybot prints one number today placing the bears firmly back in the driver's seat but the stock market remains erratic. The market bulls need RTH above 79.49, now at 79.31, and, if the SPX also moves above 2188, Keybot will likely flip long. The market bears need RTH to remain under 79.49 to maintain downward pressure on the stock market. Higher volatility will also help the bears. Retail stocks are the number one influence on stock market direction currently so listen for any news that will send the sector one way or the other.

For the SPX starting at 2186, the bulls need two points, to push above 2188, and the upside will accelerate. The bears need to push below 2179 to accelerate the downside. A move through 2180-2187 is sideways action for Thursday. Markets may be waiting for the ECB rate decision and press conference on Thursday morning so S&P futures between 7:45 AM EST and 9 AM EST will tell the market  story. Bears remain in control. The bull-bear battle line is drawn at RTH 79.49 which decides who wins and loses on Thursday.

9/11/16; 7:00 PM EST =

9/7/16; 9:36 AM EST = +50; signal line is +64

9/6/16; 3:52 PM EST = +66; signal line is +66 but algorithm remains short

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

Keybot the Quant remains short with the algo number and signal line dead even at +66. Keybot's internal parameters did not latch so the algo remains short. Flip a coin. Note how in the last couple minutes of trading, RTH jumps above Keybot's target as well as the SPX. Isn't it amazing the algo can call that out a couple days in advance?

Watch and listen for any news on retail stocks. The algo is tracking RTH 79.49 as the bull-bear line in the sand.  Price is at 79.57. Market bears need to push RTH under 79.49 pronto to prove that stocks will drift lower going forward. Bulls need to maintain RTH above 79.49 and also push copper and commodities higher to continue an upside rally.

For the SPX starting at 2186, the bulls need any smidge of green in the overnight S&P futures and the SPX will rally several points higher out of the gate. The bears need to push below 2175 to accelerate the downside. A move through 2176-2185 is sideways action for Wednesday. The markets are a knock-down drag-out bull-bear struggle.

9/11/16; 7:00 PM EST =

9/6/16; 3:52 PM EST = +66; signal line is +66 but algorithm remains short

9/4/16; 7:00 PM EST = +50; signal line is +66

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains bearish moving into the new week of trading which does not begin until Tuesday morning. US markets are closed on Monday due to the Labor Day Holiday. Markets stagger choppy sideways as the retail sector battles volatility for control of broad market direction. Market bulls need RTH above 79.52 (now at 79.37) to send the stock market higher. Bears need VIX above 14.45 (now at 11.98) to send equities lower. If RTH moves above 79.52, consider the imminent turn to be in play and if the SPX is running above 2185, Keybot may flip to the long side.

If retail stocks remain bearish and volatility remains bullish, stocks will stagger sideways with a slight upward bias. Since the RTH target is a game of pennies, listen for news on any retail stocks over the next day which will impact the sector and then send the broad market in the same direction.

Utilities are becoming more important to Keybot as time moves along. The algo is tracking UTIL 656.28 as a bull-bear line in the sand for all of this week. Price is at 673.11 comfortably above. It gets interesting since all of the following week the line in the sand will be UTIL 672.35 and as seen by the current price, it is there. Watch the 656.28 closely this week and then focus on 672.35 during the afternoon trading on Friday and see where UTIL closes the week; it will tell you a lot about the week of 9/12.

For the SPX starting at 2180 on Tuesday morning, the bulls need five points, to touch the 2185 handle and bingo, stocks will accelerate higher. The bears need to push below 2174, six points lower, to accelerate the downside. A move through 2175-2184 on Tuesday is sideways action. Keybot does not print any pre-scheduled numbers this week. The retail sector will dictate broad market direction to begin the week.

9/11/16; 7:00 PM EST =

9/4/16; 7:00 PM EST = +50; signal line is +66

9/2/16; 10:49 AM EST = +50; signal line is +68

9/2/16; 10:09 AM EST = +66; signal line is +69

9/2/16; 9:00 AM EST = +50; signal line is +70

9/1/16; 11:14 AM EST = +50; signal line is +71

9/1/16; 10:36 AM EST = +36; signal line is +72

8/31/16; 7:00 PM EST EOM = +50; signal line is +73

8/30/16; 10:00 AM EST = +50; signal line is +74

August Publication of the Daily Chronology of Global Markets and World Economic 2016-08 is Available from Amazon; Stock Market Prints New Record Highs

The August publication of Daily Chronology of Global Markets and World Economics 2016-08 is available through Amazon (AMZN). The epic market action continues.

August's headline balloons on the cover of this month's publication are;
SPX 2194, INDU 18723, COMPQ 5276 and NDX 4838 All-Time Record Highs
Global Yields Fall
Brazil Olympics
BOE Stimulus
European Bank Stress Tests
Jackson Hole
Dollar/Yen 99-Handle

After the Brexit drama in late June, the BOE stepped in promising huge stimulus as well as reducing banking regulations which creates a strong recovery rally in stock markets. Central bankers such as the BOE, Fed, ECB, BOJ and PBOC keep pumping stocks higher. The ECB is on tap this week on 9/8/16 and is expected to pump stocks higher with more easy money. The chronology explains how the central bankers are the market. Global yields print new record lows led to the negative side by Switzerland, Japan and Germany.

The Italian banks remain very sick and investment bankers, central bankers and politicians meet daily to figure a way to recapitalize the garbage. The sick European banks may create global contagion. DB (Deutsche Bank) remains ill and may take the entire financial system down. Despite the market turmoil, US markets print new all-time record highs.

The chronology describes the reactions to economic data such as the Monthly Jobs Reports in real-time. There is no other document available on the world wide web that records the action in real-time with common sense easy-to-understand detail. Inflation, that the Federal Reserve has tried to create for seven years with their obscene Keynesian programs, cannot exist without wage inflation occurring so each jobs report is very important. Wages remain flat as a newlywed's souffle.

The chronology explains the reaction in stocks, bonds and currencies to key events and economic data releases. If you are trying to make sense of the markets this is the resource for you. No other publication exists in this format where the stock, bond and currency moves are provided and explained as world events take place in real-time.

The chronology records economic history preventing revisionist tampering in future years. Many of the same asset managers telling everyone to go long the market in 2007-2008 repeat the same mantra in 2015-2016. The stock market topped out in May 2015 which placed anyone that listened to television pundits over the last couple years either flat or underwater on their long trades, however, the central banker go juice has pumped stocks higher from February to August to new all-time highs rewarding those that blindly remain long with full confidence in the Federal Reserve.

Analyst and strategist quotes and words are recorded in the chronology so credit or disdain can be handed out in the future. If a multi-year top is printing, the chronology serves as the most accurate accounting of the stock market topping process ever recorded in economic and market history. The chronology is the most reliable and easy to understand source for explaining global markets. The chronology is very easy to read and avoids using fancy ten-dollar college words.

As always, all monthly publications of the Daily Chronology of Global Markets and World Economics are available from the links in the margins or simply searching on Amazon or Google. The monthly publication contains updated information not posted on this web site as well as clarifications, edits and refinements to the ongoing daily blog text.

We are living through historic stock market and economic times. The daily chronology is the most accurate accounting on how the stock market tops and bottoms occur in real-time. The monthly publications are compatible with any electronic device and include an extensive Business Acronym List and Ticker Symbol List. The Acronym List is the most comprehensive business-related acronym list available on the internet. The chronology is not available in hard copy and only distributed around the world electronically.

Download this valuable resource today. Remember to support the KE Stone Series of blogs (Keystone the Scribe, The Keystone Speculator and Keybot the Quant) through donations, the daily chronology book sales and honoring advertisers that support the original free content provided in the blogs. The blog proceeds aid charities.

The free blog content is posted in proportion to the advertising, book and donation income received. Thus, you folks working at the large money-center banks around the world need to let some moths out of your wallets if you want this unique trading and economic information, that is not available elsewhere, to continue.

The KE Stone Series of blogs are viewed by 100's of thousands of people around the globe each month including money managers, investors, students, traders, historians, economists, teachers, current event enthusiasts, hedge fund managers, political junkies and folks that truly want to understand how the world's economic systems and markets function. All readers should support the blogs so more information, articles, stories, market and economic insight, charts and technical analysis can be provided.