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

Keybot the Quant is long as the bulls and bears fight for control. Stocks have chopped sideways through 2120-2190 for the last four months. For the last few days, copper and volatility dictate market direction. Bulls need the VIX under 14.27 and they will be rallying the stock market higher. Bears need JJC under 24.31 to begin a market slide. If volatility remains bearish and copper bullish stocks will continue chopping sideways.

If the JJC drops under 24.31 and the SPX drops under 2132, Keybot will likely flip short, hence the imminent turn notation is listed in the title line. If it was not for the copper rally over the last few hours, the stock market would be dropping like a stone.

10/31/16; 7:00 PM EST EOM =

10/30/16; 7:00 PM EST =

10/28/16; 10:00 AM EST =

10/27/16; 10:09 AM EST = +48; signal line is +42

10/27/16; 9:36 AM EST = +62; signal line is +41

10/26/16; 3:59 PM EST = +46; signal line is +39

10/26/16; 3:57 PM EST = +32; signal line is +38 but algorithm remains long

10/26/16; 3:26 PM EST = +46; signal line is +38

10/26/16; 3:06 PM EST = +32; signal line is +38 but algorithm remains long

10/26/16; 1:11 PM EST = +48; signal line is +38

10/26/16; 12:06 PM EST = +62; signal line is +38

10/26/16; 11:37 AM EST = +46; signal line is +37

10/26/16; 11:12 AM EST = +62; signal line is +37

10/26/16; 10:36 AM EST = +46; signal line is +37

10/26/16; 10:24 AM EST = +32; signal line is +38 but algorithm remains long

10/26/16; 9:59 AM EST = +46; signal line is +38

10/26/16; 9:47 AM EST = +62; signal line is +39

10/25/16; 10:00 AM EST = +46; signal line is +39

10/23/16; 7:00 PM EST = +47; signal line is +39

10/20/16; 12:02 PM EST = +47; signal line is +39

10/20/16; 10:41 AM EST = +33; signal line is +39 but algorithm remains long

10/19/16; 10:44 AM EST = +47; signal line is +40; go long 2144; (Benchmark SPX for 2016 = +4.9%)(Keybot algo this trade = +0.5%; Keybot algo for 2016 = +12.4%)(Actual results this trade = +0.8%; Actual results for 2016 = +20.0%)

10/19/16; 10:33 AM EST = +47; signal line is +41 but algorithm remains short

10/19/16; 9:00 AM EST = +33; signal line is +41

10/18/16; 9:36 AM EST = +33; signal line is +42

10/17/16; 3:59 PM EST = +17; signal line is +43

10/17/16; 2:58 PM EST = +33; signal line is +44

10/17/16; 1:22 PM EST = +17; signal line is +45

10/16/16; 7:00 PM EST = +33; signal line is +46

10/14/16; 10:00 AM EST = +33; signal line is +46

10/14/16; 9:36 AM EST = +34; signal line is +47

10/13/16; 12:07 PM EST = +18; signal line is +48

10/13/16; 9:47 AM EST = +2; signal line is +49

10/13/16; 9:37 AM EST = +18; signal line is +51

10/13/16; 9:36 AM EST = +34; signal line is +52

10/12/16; 9:36 AM EST = +50; signal line is +52

10/11/16; 10:26 AM EST = +34; signal line is +52

10/11/16; 10:13 AM EST = +50; signal line is +52

10/11/16; 9:56 AM EST = +34; signal line is +52

10/11/16; 9:50 AM EST = +50; signal line is +53

10/9/16; 7:00 PM EST = +64; signal line is +53 but algorithm remains short

10/7/16; 12:57 PM EST = +64; signal line is +52 but algorithm remains short

10/7/16; 11:42 AM EST = +48; signal line is +51

10/7/16; 9:36 AM EST = +64; signal line is +51 but algorithm remains short

10/7/16; 9:00 AM EST = +48; signal line is +50

10/5/16; 9:36 AM EST = +48; signal line is +50; go short 2154; (Benchmark SPX for 2016 = +5.4%)(Keybot algo this trade = +0.3%; Keybot algo for 2016 = +11.9%)(Actual results this trade = +0.5%; Actual results for 2016 = +19.2%)

10/4/16; 3:31 PM EST = +64; signal line is +50

10/4/16; 3:01 PM EST = +50; signal line is +49

10/4/16; 1:37 PM EST = +64; signal line is +49

10/4/16; 1:27 PM EST = +50; signal line is +48

10/4/16; 10:36 AM EST = +64; signal line is +49

10/4/16; 10:15 AM EST = +48; signal line is +49 but algorithm remains long

10/4/16; 9:40 AM EST = +64; signal line is +50

10/3/16; 11:52 AM EST = +48; signal line is +50 but algorithm remains long

10/3/16; 10:49 AM EST = +64; signal line is +51

10/3/16; 9:59 AM EST = +48; signal line is +51 but algorithm remains long

10/3/16; 9:52 AM EST = +34; signal line is +51 but algorithm remains long

10/3/16; 9:42 AM EST = +48; signal line is +51 but algorithm remains long

10/2/16; 7:00 PM EST EOM = +64; signal line is +51

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

10/9/16; 7:00 PM EST =

10/7/16; 9:00 AM EST =

10/2/16; 7:00 PM EST EOM = +64; signal line is +51

9/30/16; 11:06 AM EST = +64; signal line is +50

9/30/16; 10:00 AM EST = +48; signal line is +50 but algorithm remains long

9/29/16; 3:39 PM EST = +47; signal line is +49 but algorithm remains long

9/29/16; 3:09 PM EST = +33; signal line is +49 but algorithm remains long

9/29/16; 2:25 PM EST = +47; signal line is +48 but algorithm remains long

9/29/16; 1:06 PM EST = +33; signal line is +47 but algorithm remains long

9/29/16; 12:51 PM EST = +47; signal line is +47 but algorithm remains long

9/28/16; 2:32 PM EST = +63; signal line is +46

9/28/16; 2:17 PM EST = +49; signal line is +45

9/28/16; 10:22 AM EST = +33; signal line is +44 but algorithm remains long

9/28/16; 9:36 AM EST = +49; signal line is +44

9/27/16; 2:56 PM EST = +33; signal line is +43 but algorithm remains long

9/27/16; 10:00 AM EST = +49; signal line is +43

9/27/16; 9:45 AM EST = +49; signal line is +42

9/26/16; 2:42 PM EST = +35; signal line is +41 but algorithm remains long

9/26/16; 2:23 PM EST = +49; signal line is +40

9/26/16; 1:42 PM EST = +35; signal line is +39 but algorithm remains long

9/26/16; 9:37 AM EST = +49; signal line is +38

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

September Publication of the Daily Chronology of Global Markets and World Economics 2016-09 is Available from Amazon; WFC (Wells Fargo) Scandal; DB (Deutsche Bank) Crashes Creating Contagion; "Rosengren Selloff"; "Clinton Rally" After First Debate; G-20 Summit; OPEC Oil Production Cut; Record Stock Market Highs

The September publication of the Daily Chronology of Global Markets and World Economics 2016-09 is available through Amazon (AMZN). The epic market action continues.

September's Cover Highlights;

Record Highs COMPQ 5340, NDX 4896, AMZN (Amazon) 840

RUT Record 2016 High at 1263

WFC (Wells Fargo) Scandal

DB (Deutsche Bank) Crashes Creating Contagion

"Rosengren Selloff"

"Clinton Rally" after First Debate

G-20 Summit

OPEC Oil Production Cut

The stock market prints new record highs in September comparable to the August highs. WFC lays an egg firing over 5,000 employees for creating false accounts while the management keeps their jobs and lucrative salaries. DB is the 900-pound gorilla on the trading floor this month. Deutsche Bank is in collapse creating fear that the 2007-2009 financial crisis will be repeated beginning with a failure at the troubled German lender. However, Deutsche Bank does not appear to be in a liquidity crisis like Lehman Brothers in late 2008 and instead requires recapitalization to get through the next nine to 12 months. The key is who supplies that funding backstop especially when Chancellor Merkel places her foot in her mouth and says she will not bailout Deutsche. The drama continues.

Fed's Rosengren, typically a dove, flaps hawkish wings causing a stock market selloff. The first presidential debate takes place with Clinton out maneuvering Trump by a small margin. Stocks rally the next day as Wall Street prefers Clinton as the next POTUS. She is in the back pocket of the investment banks since she was paid lucrative fees for showing up at token luncheons. The US presidential election is only five weeks away on 11/8/16. The G-20 Summit occurs. OPEC says it will cut oil production creating a big push higher in oil prices.

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