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

Keybot the Quant remains short as the erratic and unstable market activity continues. These are some of the craziest markets you will ever see. The algo prints 4 numbers today including 2 pre-scheduled numbers.The Keybot the Quant algorithm is pegged at +100 again the maximum possible bullish reading. The algo is champing at the bit to go long but the internal parameters are not latching to permit the move as yet. Note how UTIL overtook the key 655.00 level this afternoon ditto RTH overtaking the key 76.55 level. The bulls stopped the downward slide in the stock market by pumping utilities and retail stocks higher in the afternoon session.

RTH 76.55 is key at tomorrow's (Wednesday) opening bell. RTH begins at 76.58 only 3 cents on the bull side. This is for all the marbles. UTIL 655 is also key with price at 668.87 nearly 4 points above helping the bulls. Since the algorithm wants to go long, looking at some parameters, if the SPX moves above 2279, which is a gain of less than one point, Keybot will likely flip long at the opening bell, hence the imminent turn is in play. However, if stocks gap up strongly, a timer will likely trigger to prevent the move to the long side for about 90 additional minutes. The bulls would be smarter to send price slowly and steadily higher. Obviously the bears need to see red in the S&P futures overnight or they will likely be slapped around receiving lumps on hump day.

For Wednesday, with the SPX starting at 2279, the bulls need any smidge of green in the futures and price will accelerate several handles higher to 2285 in a heartbeat and Keybot will likely flip long. The bears need to push under 2267 to accelerate the downside. A move through 2268-2278 is sideways action for Wednesday. The FOMC rate decision occurs in the afternoon.

2/5/17; 7:00 PM EST =

2/3/17; 9:00 AM EST =

1/31/17; 7:00 PM EST EOM = +100; signal line is +80 but algorithm remains short

1/31/17; 3:27 PM EST = +100; signal line is +79 but algorithm remains short

1/31/17; 11:07 AM EST = +84; signal line is +79 but algorithm remains short

1/31/17; 10:00 AM EST = +68; signal line is +81

1/30/17; 2:06 PM EST = +68; signal line is +81

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side after this morning's bell at SPX 2282. The SPX gapped-down at the opening bell but not enough to trigger the delay timer so the algo flipped to the short side in quick order. As the day played out, note that UTIL came down to test the 655, and failed, but minutes later recovered. The authorities stepped in. Utilities ran higher off the low into the closing bell. Isn't it amazing that the quant can identify these key areas and the key levels in these areas  before they occur?

Retail stocks recovered during the session; the bulls know they need stronger retial stocks if they want to stop the downward slide in equities. Watch RTH 76.55 with price now at 76.36 only 19 pennies below creating market negativity. If RTH moves above 76.55, the bears got nothing and stocks will rally. Bears need to push UTIL under 655 now at 658 to open the door to a leg lower for the stock market. The bulls would be helped by UTIL moving above 664.

For Tuesday, with the SPX starting at 2281, the bulls need to push above 2286 to accelerate the upside. If RTH moves above 76.55, consider the imminent turn to be in play and if SPX takes out 2286 to the upside then Keybot will likely whipsaw back to the long side. The bears need to push  the SPX under 2268 to accelerate the downside. A move through 2269-2285 is sideways action for Tuesday. Keybot prints two pre-scheduled numbers today.

For the last trade, that lasted less than one week, the benchmark SPX index is up +1.9% on the year and the Keybot computer program is down -2.6% on the year. Both the algo program and actual trading gained about one-half percent on the last trade. The actual trading is down -6.3% thus far this year. At least the last trade is going in the correct direction now. The algo remains in single ETF  mode and exited SPY and entered SH.

Markets remain erratic and unstable so anything can happen.  Stay alert for a potential whipsaw back to the long side. Watch RTH 76.55 (bulls  need higher retail stocks) and UTIL 655 (bears need lower utilities)  like a hawk; these two parameters will tell you the broad market direction story for Tuesday.

2/3/17; 9:00 AM EST =

1/31/17; 7:00 PM EST EOM =

1/31/17; 10:00 AM EST =

1/30/17; 2:06 PM EST = +68; signal line is +81

1/30/17; 1:34 PM EST = +52; signal line is +81

1/30/17; 9:35 AM EST = +68; signal line is +82; go short 2282; (Benchmark SPX for 2017 = +1.9%)(Keybot algo this trade = +0.4%; Keybot algo for 2017 = -2.6%)(Actual results this trade = +0.5%; Actual results for 2017 = -6.3%)

1/29/17; 7:00 PM EST = +68; signal line is +82 but algorithm remains long

1/27/17; 10:00 AM EST = +68; signal line is +82 but algorithm remains long

1/27/17; 9:43 AM EST = +68; signal line is +81 but algorithm remains long

1/24/17; 11:40 AM EST = +84; signal line is +81; go long 2272; (Benchmark SPX for 2017 = +1.5%)(Keybot algo this trade = -0.4%; Keybot algo for 2017 = -3.0%)(Actual results this trade = -1.6%; Actual results for 2017 = -6.8%)

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

Keybot the Quant is long as the new week of trading begins but the algo wants to go short. The algo number is 14 points below the signal line. If the SPX drops under 2292, Keybot will likely flip short, however, the market bears need a gentle move lower. If stocks gap down at the opening bell, the model may trigger a timer that will hold off the move to the short side for 90 minutes.

Retail stocks and utilities are the two sectors most impacting broad stock market direction currently. Watch RTH 76.60 now at 76.10 creating negativity in stocks. Bears must maintain the RTH under 76.60 while the bulls will be trying to push above 76.60 which will kick the stock market rally back into gear.

UTIL begins the week at 657.70. Bears need UTIL under 655.00 which will cause stocks to take a leg lower. Bulls need UTIL above 664.10 which will create bullishness in stocks. If UTIL remains between 655 and 664, and RTH under 76.60, stocks will stagger along sideways.

For the SPX starting at 2295, the bulls need to push above 2299 and bingo, price will be running towards 2305 very quickly. The bears need to push under 2292 and price will collapse to the low 2280's in quick order. A move through 2293-2298 is sideways action for Monday.

The bulls are hanging on by a thread and desperately need either RTH above 76.60 or UTIL above 664.10 to keep the stock market rally going. The longer that prices stay below these levels, the increased likelihood that stocks will roll over to  the downside. The algo also identifies commodities, the Goldman Sachs GTX Index, as a second tier variable that is influencing market direction. Bears need GTX under 2344 (now at 2393) which will create broad market selling.

Keybot prints three pre-scheduled numbers this week; one on Tuesday morning, the second on Tuesday evening for the EOM (end-of-month) and third, on Friday morning before the opening bell. Pay attention to SPX 2292 but the bears need price to move steadily lower through 2292 and not bounce from here as it did on Friday.

2/5/17; 7:00 PM EST =

2/3/17; 9:00 AM EST =

1/31/17; 7:00 PM EST EOM =

1/31/17; 10:00 AM EST =

1/29/17; 7:00 PM EST = +68; signal line is +82 but algorithm remains long

1/27/17; 10:00 AM EST = +68; signal line is +82 but algorithm remains long

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

Keybot the Quant remains long through the weekend. The market bears did not have enough oomph to flip the model short on Friday. The Keybot algo continues champing at the bit to go short. SPX 2292 remains key come Monday morning. Utilities and retail stocks are dictating broad stock market direction currently. UTIL finishes last week at 657.70 above the critical 655.00 level that is in play every day in the new week ahead. Levels of interest for next week can be identified once Keybot prints the pre-scheduled Sunday number tomorrow.

1/29/17; 7:00 PM EST =

1/27/17; 10:00 AM EST = +68; signal line is +82 but algorithm remains long

1/27/17; 9:43 AM EST = +68; signal line is +81 but algorithm remains long

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

Keybot the Quant remains long but is champing at the bit to go short. The algo number is 14 points below the signal line. The algo has motored along the last couple days without printing any numbers but is active today printing one number and also the pre-scheduled number. The necessary internal parameters are not fully latching as yet to permit a move to the short side but the trend change may be imminent.

RTH 76.63 is key and retail stocks collapse under 76 to 75.95 providing bear fuel for the stock market. If the SPX drops under 2292, Keybot will likely flip short. The SPX is printing at 2293 and change as this message is typed a couple minutes before noon time.

Pay attention to UTIL 655.00 at the closing bell since this number is key for markets all next week. UTIL is at 657 now and if it finishes the day under 655 this tells you that the bears will growl strongly to begin next week. The beat goes on.

1/29/17; 7:00 PM EST =

1/27/17; 10:00 AM EST = +68; signal line is +82 but algorithm remains long

1/27/17; 9:43 AM EST = +68; signal line is +81 but algorithm remains long

1/24/17; 11:40 AM EST = +84; signal line is +81; go long 2272; (Benchmark SPX for 2017 = +1.5%)(Keybot algo this trade = -0.4%; Keybot algo for 2017 = -3.0%)(Actual results this trade = -1.6%; Actual results for 2017 = -6.8%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is back on the long side as the sideways choppy slop continues. The algo number is 3 points above the signal line so the markets remain dicey. S&P futures are up +7 about three hours before Wednesday's opening bell for the regular session. The VIX collapses to a 10-handle at multi-year lows slapping the bears in the face. Slap, slap.

Bulls need UTIL above 664 to receive more upside juice. Bears need UTIL under 652 and/or RTH under 76.64 to push the stock market lower. Status quo will send stocks sideways to sideways higher. 

For the SPX starting at 2280, the bulls need to touch the 2285 handle and bingo, the S&P 500 will be above 2290 in a heartbeat targeting 2300. The bears need to push under 2267 to regain their downside mojo. A move through 2268-2284 is sideways action for hump day. The beat goes on.

1/29/17; 7:00 PM EST =

1/27/17; 10:00 AM EST =

1/24/17; 11:40 AM EST = +84; signal line is +81; go long 2272; (Benchmark SPX for 2017 = +1.5%)(Keybot algo this trade = -0.4%; Keybot algo for 2017 = -3.0%)(Actual results this trade = -1.6%; Actual results for 2017 = -6.8%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant whipsaws back to the long side at SPX 2272 about 90 minutes ago as retail stocks rally. The whipsaw is not surprising considering the sideways choppy markets. The price action from December to now is reminiscent of the price action from February 2015 to August 2015. That was 7 months of sideways slop that ate up bulls and bears alike until the markets eventually crashed lower.

RTH 76.64 remains key with price at 76.81 creating upward lift in the stock market. Bears need RTH back under 76.64 and/or UTIL under 651.79 to send stocks lower again. Bulls need UTIL above 664 to confirm more upside and record highs ahead for the stock market.

The SPX is at the HOD at 2277. The bulls are back in control. On the last trade, which only lasted for 7 trading hours, the Keybot algorithm program loses -0.4% and the actual trading loses -1.6%. The actual trading continues to sink as the new year is underway, now down nearly -7%, but will likely correct over time. Since a whipsaw occurs, Keybot drops into the single ETF mode. The markets are far to choppy sideways which only serves to slap both bulls and bears around so leveraged ETF's must be avoided. Keybot exited TWM and entered SPY. The whipsaw action activates a timer that will remain in the single ETF mode for at least 35 days. Perhaps by then the markets will be trending again either up or down.

Stay alert for another whipsaw move  back to the short side which is definitely on the table considering the sideways choppy slop.

1/29/17; 7:00 PM EST =

1/27/17; 10:00 AM EST =

1/24/17; 11:40 AM EST = +84; signal line is +81; go long 2272; (Benchmark SPX for 2017 = +1.5%)(Keybot algo this trade = -0.4%; Keybot algo for 2017 = -3.0%)(Actual results this trade = -1.6%; Actual results for 2017 = -6.8%)

1/24/17; 9:36 AM EST = +84; signal line is +81 but algorithm remains short

1/23/17; 2:03 PM EST = +68; signal line is +81

1/23/17; 1:10 PM EST = +84; signal line is +81 but algorithm remains short

1/23/17; 10:32 AM EST = +68; signal line is +81; go short 2263; (Benchmark SPX for 2017 = +1.1%)(Keybot algo this trade = -0.8%; Keybot algo for 2017 = -2.6%)(Actual results this trade = -1.6%; Actual results for 2017 = -5.2%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side at SPX 2263 this morning. The stock market continues in a sideways choppy pattern which wreaks havoc on algorithms. Retail stocks fail creating market weakness. Banks are also weak. Ditto utilities.

To determine if the short side is the correct path ahead, the bears need either UTIL under 651.79 and/or XLF under 22.76. Either one of these two parameters would confirm the bear path ahead and the stock market will drop a leg lower.

The bulls need to push RTH above 76.64 to create an upside rally and further frustrate the bears. Volatility remains low which keeps the stock market buoyant.

On the last trade, the Keybot computer program loses nearly -1% and the actual trading loses -1.6% now down -5.2% to begin the year. The actual results are going in the wrong direction so far this year but they should right the ship as time continues along. Keybot exits SSO and enters TWM.

For the SPX starting on Tuesday at 2265, the bulls need to touch the 2272 handle and the upside will accelerate. Keybot may whipsaw back to the long side if RTH moves above 76.64 and SPX above 2272. The market bears need to push below 2257 to accelerate the downside. A move through 2258-2271 is sideways action for Tuesday.

1/29/17; 7:00 PM EST =

1/27/17; 10:00 AM EST =

1/23/17; 2:03 PM EST = +68; signal line is +81

1/23/17; 1:10 PM EST = +84; signal line is +81 but algorithm remains short

1/23/17; 10:32 AM EST = +68; signal line is +81; go short 2263; (Benchmark SPX for 2017 = +1.1%)(Keybot algo this trade = -0.8%; Keybot algo for 2017 = -2.6%)(Actual results this trade = -1.6%; Actual results for 2017 = -5.2%)

1/23/17; 10:22 AM EST = +68; signal line is +81 but algorithm remains long

1/23/17; 9:46 AM EST = +84; signal line is +81

1/23/17; 9:36 AM EST = +68; signal line is +79 but algorithm remains long

1/22/17; 7:00 PM EST = +84; signal line is +79

1/20/17; 3:44 PM EST = +84; signal line is +79

1/20/17; 3:29 PM EST = +68; signal line is +79 but algorithm remains long

1/19/17; 9:36 AM EST = +84; signal line is +79

1/19/17; 9:00 AM EST = +100; signal line is +79

1/18/17; 3:46 PM EST = +100; signal line is +77

1/18/17; 3:14 PM EST = +84; signal line is +75

1/17/17; 3:38 PM EST = +100; signal line is +73

1/17/17; 3:08 PM EST = +84; signal line is +72

1/17/17; 2:33 PM EST = +100; signal line is +71

1/17/17; 2:22 PM EST = +84; signal line is +69

1/17/17; 12:49 PM EST = +100; signal line is +69

1/17/17; 12:40 PM EST = +84; signal line is +68

1/17/17; 10:07 AM EST = +100; signal line is +68

1/17/17; 9:36 AM EST = +84; signal line is +66

1/15/17; 7:00 PM EST = +68; signal line is +65

1/13/17; 10:00 AM EST = +68; signal line is +65

1/11/17; 2:31 PM EST = +68; signal line is +66

1/11/17; 12:07 PM EST = +52; signal line is +66 but algorithm remains long

1/9/17; 9:41 AM EST = +68; signal line is +67

1/8/17; 7:00 PM EST = +84; signal line is +68

1/6/17; 2:14 PM EST = +84; signal line is +68

1/6/17; 12:57 PM EST = +68; signal line is +69 but algorithm remains long

1/6/17; 12:33 PM EST = +84; signal line is +69; go long 2280; (Benchmark SPX for 2017 = +1.8%)(Keybot algo this trade = -1.8%; Keybot algo for 2017 = -1.8%)(Actual results this trade = -3.6%; Actual results for 2017 = -3.6%)

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

Keybot the Quant remains long moving into the new week of trading. The algo prints two numbers on Friday and was champing at the bit to go short but the internal programming rules would not fully latch so the algo remains long. The SPX remains buoyant due to low volatility. The algo number is only 5 points above the signal line.

Monday is a battle between utilities and retail stocks. Market bulls need UTIL above 663.23 (now at 658.37) to prove they have the beans to take stocks higher. Market bears need UTIL under 651.79 to create market weakness. Market bears need RTH under 76.63 (now at 76.67) which will create market weakness. Since the bull-bear line in the sand is only 4 pennies under the current price, retail stocks will tell the market story at the opening bell. If UTIL remains between 663.23 and 651.79, and RTH remains above 76.63, the stock market will float along sideways with a slight upward bias.

If RTH drops under 76.63 and the SPX drops under 2265, Keybot the Quant will likely flip short, hence the imminent turn remains in play.

For the SPX starting at 2271, the bulls need to touch 2277 and the upside will accelerate. The bears need to push under 2265 to accelerate the downside. A move through 2266-2276 is sideways action to begin the week. Keybot prints one pre-scheduled number this week on Friday morning. The bulls are in control but if retail stocks sink, so will the bulls. Watch RTH 76.63 which will likely dictate stock market direction for Monday.

1/29/17; 7:00 PM EST =

1/27/17; 10:00 AM EST =

1/22/17; 7:00 PM EST = +84; signal line is +79

1/20/17; 3:44 PM EST = +84; signal line is +79

1/20/17; 3:29 PM EST = +68; signal line is +79 but algorithm remains long

1/19/17; 9:36 AM EST = +84; signal line is +79

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

Keybot the Quant remains long as the cat and mouse game continues. Utilities collapse so stocks are weak. For all of next week, the UTIL 651.79 level is very important. The UTIL 663.23-ish level will also remain important for several days forward. If UTIL falls towards 652 and collapses, the broad stock market will likely be in trouble very quickly.

Retail stocks drop today. Market bears need RTH under 76.66 now at 76.87. If UTIL falls under 652, or RTH under 76.66, either one will do (RTH is more likely to fail), and the SPX drops under 2258, Keybot will likely flip short. Market bulls need to push UTIL above 663.23 and they can relax into the weekend as stocks float higher.

For the SPX starting at 2264, the bulls need to push above 2274 to accelerate the upside. The bears need to push under 2258 to accelerate the downside. A move through 2259-2273 is sideways action. If RTH drops under 76.66, the bears will likely growl strongly and take stocks lower. If RTH remains buoyant, so will the broad stock indexes.

1/22/17; 7:00 PM EST =

1/19/17; 9:36 AM EST = +84; signal line is +79

1/19/17; 9:00 AM EST = +100; signal line is +79

1/18/17; 3:46 PM EST = +100; signal line is +77

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo prints two numbers today. The low volatility slaps the bears around each day. Slap, slap. Utilities keep dancing around the UTIL 663.25. The robot has told you this level is critical for several days. Price sits here overnight and the pivot from 663.25 is important after tomorrow's opening bell.

Bears need UTIL under 663.25 and GTX (Goldman Sachs Commodity Index) under 2335 (now at 2378) to create broad market selling. If both parameters turn bearish, and the SPX drops under 2263, Keybot will likely flip short.

For the SPX starting at 2272, the bulls need any smidge of green in the futures and the upside will accelerate quickly towards 2280. The bears need the SPX to drop under 2263 to accelerate the downside. A move through 2264-2271 is sideways action for Thursday. Keybot prints a pre-scheduled number before tomorrow's opening bell. The bulls remain in control and the algorithm remains at an epic and historic +100 maxed-out value. These are historic times.

1/22/17; 7:00 PM EST =

1/19/17; 9:00 AM EST =

1/18/17; 3:46 PM EST = +100; signal line is +77

1/18/17; 3:14 PM EST = +84; signal line is +75

1/17/17; 3:38 PM EST = +100; signal line is +73

STOCK MARKET BULLISH -- LONG -- CAUTION

Keyboth the Quant remains long as the algo prints 8 numbers to begin the week. The bulls remain in control. Keybot is pegged at the ceiling at an epic maxed-out +100 number. This is important since when the algo moves away from +100 it may be years before it returns.

The market bears need UTIL under 663.25 (this is a battle ground to begin the week) and/or XLF under 22.73 to create downside damage in stocks. If both parameters turn bearish, and the SPX trades below 2263, Keybot will likely flip short. The caution flag is in the title line and if one parameter turns bearish consider the imminent turn to be in play.

For Wednesday with the SPX starting at 2268, the bulls need to push above 2272 to accelerate the upside which will target 2280 in a flash. The bears need to push under 2263 to accelerate the downside which will be quickly in the 2250's. A move through 2264-2271 is sideways action for hump day.

1/19/17; 9:00 AM EST =

1/17/17; 3:38 PM EST = +100; signal line is +73

1/17/17; 3:08 PM EST = +84; signal line is +72

1/17/17; 2:33 PM EST = +100; signal line is +71

1/17/17; 2:22 PM EST = +84; signal line is +69

1/17/17; 12:49 PM EST = +100; signal line is +69

1/17/17; 12:40 PM EST = +84; signal line is +68

1/17/17; 10:07 AM EST = +100; signal line is +68

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long to begin the holiday-shortened trading week. Utilities jump higher as the Treasury yields drop lower. The algo prints two numbers to begin the week. Sound the seven trumpets! The algorithm tags the +100 level the highest number possible for the model! This is interesting since it occurs in a down tape. Stocks are well off their initial lows. The bulls are in control.

Market bears need UTIL under 663.25 or they got nothing. UTIL has come down to test this level four times over the last one-half hour and the bulls keep pumping utes higher. Weak financials will also help bears. XLF would need to drop below 22.75 (now at 23.15) to create broad stock market selling. Retail stocks rally strongly which prohibits the broad stock market from falling to any great extent.

1/22/17; 7:00 PM EST =

1/19/17; 9:00 AM EST =

1/17/17; 10:07 AM EST = +100; signal line is +68

1/17/17; 9:36 AM EST = +84; signal line is +66

1/15/17; 7:00 PM EST = +68; signal line is +65

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long through the three-day holiday weekend. US markets are closed on Monday for the Dr Martin Luther King Jr Day.

Last week, Keybot idled along only printing four numbers including the Friday pre-scheduled number; the algo was unresponsive to the non-stop daily drama. Utilities sank last week but not enough to take UTIL under 643.46 a critical number for all of the new week ahead. This helps the bulls and will create buoyancy in the stock market. Bears need to push UTIL under 643.46 (now at 657). If UTIL moves higher above 662.50, the stock market will be rallying higher.

The bears need weaker utilities and retail stocks. Bears need RTH under 76.58 (now at 77.17) to create strong selling action in the stock market. The algorithm likely needs both UTIL to fail through 643.46 and RTH to fail under 76.58 to flip the algo short. Weakness in copper and commodities will also help the market bears.

For the SPX starting at 2275 on Tuesday, the bulls need to touch the 2279 handle and the upside will accelerate quickly well into the 2280's. The bears need to push below 2272 to accelerate the downside. A move through 2273-2278 is sideways action. Keybot prints one pre-scheduled number in the new week ahead on Thursday morning.

1/22/17; 7:00 PM EST =

1/19/17; 9:00 AM EST =

1/15/17; 7:00 PM EST = +68; signal line is +65

1/13/17; 10:00 AM EST = +68; signal line is +65

1/11/17; 2:31 PM EST = +68; signal line is +66

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

Keybot the Quant remains long and has not printed any numbers as yet in the Thursday session. The algo came close to flipping short on Wednesday afternoon but all of the internal parameters would not latch. The bulls remain in control with the algo number only 2 points above the signal line. Keep flipping that coin as the bulls and bears battle.

Bulls need UTIL above 662.50 to prove they have the beans to take stocks higher. Bears need RTH under 76.56 to prove they have the juice to take stocks lower. Bulls cheer for higher utilities while bears root for lower retail stocks. The UTIL failing at 662.50 the other day is very important and spells big trouble for stocks in the weeks and months ahead as long as it stays under this level.

If RTH drops under 76.56, and the SPX drops under 2254, Keybot will likely flip short. The beat goes on.

1/15/17; 7:00 PM EST =

1/13/17; 10:00 AM EST =

1/11/17; 2:31 PM EST = +68; signal line is +66

1/11/17; 12:07 PM EST = +52; signal line is +66 but algorithm remains long

1/9/17; 9:41 AM EST = +68; signal line is +67

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

Keybot the Quant remains long as the algo idled along in the Tuesday session without printing any numbers. The fight for Wednesday involves utes, retail stocks and commodities. The bulls need UTIL above 663 to take stocks higher. The bears need RTH under 76.56 and/or GTX under 2324 to confirm downside action for the stock market. If RTH or GTX turns bearish, either one would do, and the SPX falls under 2265, Keybot will likely flip short, hence, the imminent turn is listed in the title line. Bulls need higher utilities while bears need lower retail stocks and commodities.

For the SPX starting at 2269, the bulls need to push above 2279 to accelerate the upside. Bears need SPX under 2265 to accelerate the downside. A move through 2266-2278 is sideways action. If UTIL remains bearish, and RTH and GTX bullish, stocks will float along sideways with a slight upward bias.

1/15/17; 7:00 PM EST =

1/13/17; 10:00 AM EST =

1/9/17; 9:41 AM EST = +68; signal line is +67

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo prints one number in the Monday trade. UTIL failed the 661.56 level so the bears painted a red tape. The bulls remain in control but the algo number is only 1 measly point above the signal line. In other words, flip a coin for the markets. Bulls and bears are fighting it out and the pricing action is erratic and unstable.

Bulls need UTIL above 661.56 to signal upside fun ahead and Dow 20K. The bears need either RTH under 76.48, JJC under 28.57 and/or GTX under 2325 (retail stocks, copper and commodity stocks, respectively). Copper is trading higher overnight. If RTH drops under 76.48, and the SPX is trading under 2269 and dropping, Keybot will likely flip to the short side.

Bulls win with UTIL above 661.56. Bears win with RTH under 76.48. If utes remain bearish and retail stocks remain bullish, the stock market will stagger along sideways with a slight upward bias.

For the SPX starting at 2269 on Tuesday, the bears need any smidge of red in the futures and the downside will accelerate several handles. S&P futures are printing a hair to the red side five hours before the opening bell. The bulls need to push above 2275 to regain their mojo. A move through 2270-2274 is sideways action for Tuesday but since it is such a tight range a winner and loser will be chosen. UTIL 661.56 and RTH 76.48 are key.

1/15/17; 7:00 PM EST =

1/13/17; 10:00 AM EST =

1/9/17; 9:41 AM EST = +68; signal line is +67

1/8/17; 7:00 PM EST = +84; signal line is +68

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant begins the first full week of trading in 2017 on the long side. Utilities and retail stocks are dictating the broad stock market direction currently. Bulls need UTIL above 661.56 and the Dow is on its way to 20K. If UTIL moves above 668.13, stocks will explode higher in a buying frenzy.

Bears need to push UTIL under 661.56 and stocks will begin selling off. Bears need RTH under 76.48, however, if they want to do serious downside damage. Keybot likely wants to see both UTIL under 661.56 and RTH 76.48 to flip back to the short side.

If UTIL continues to jog above and below the 661.56 level as the Monday session proceeds, that may hint that the bears are setting things up to flip the model short in the near future. If UTIL runs above 661.56 and is moving higher to 663, 665, and so forth, the bulls will be celebrating Dow 20K and the talk will increase about SPX 2300. It is extremely important for the market bears to keep UTIL under 661.56 and moving lower; the pivot up or down of this key parameter will influence stock market direction for weeks and months ahead.

For the SPX starting at 2277, the bulls need to push above 2282, five points higher, and a strong upside acceleration will occur towards 2290. The bears need to push below 2264, about 13 points lower, to accelerate the downside which will seek the 2250's quickly. A move through 2265-2281 is sideways action to begin the week. Keybot prints one pre-scheduled number this week on Friday morning, Friday the 13th. Watch UTIL 661.56 after Monday's opening bell.

1/15/17; 7:00 PM EST =

1/13/17; 10:00 AM EST =

1/8/17; 7:00 PM EST = +84; signal line is +68

1/6/17; 2:14 PM EST = +84; signal line is +68

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side at lunchtime in the Friday session at SPX 2280. Stock market direction is currently most greatly influenced by utilities and retail stocks. The algo has been calling out UTIL 661.56 the last few days and amazingly, the week ends with UTIL exactly  on this number to the penny. That is astonishing that the robot can call these key areas and their prices out before they happen. Obviously, the pivot of UTIL from 661.56 on Monday morning is hugely important. Not only from a short term perspective but for the intermediate term (weeks and months).

The areas most greatly impacting broad stock market direction and their values can be identified tomorrow after the Sunday print. Markets are very erratic and unstable. Call them a coin-flip. Keybot may whipsaw on Monday back to the bear side, however, it will likely take weakness in both the utilities and the retail stocks.

On the last trade, which is the first trade of the year, Keybot starts out on a negative note. The benchmark SPX is up +1.8% after the first week of trading in 2017. The Keybot the Quant algorithm program is down -1.8% and the actual trading loses -3.6% to begin the year. The last trade began in late 2016 so the loss is larger due to the pro-rating of the data to begin 2017. The bulls have the ball with the algo number 16 points above the signal line.

1/8/17; 7:00 PM EST =

1/6/17; 2:14 PM EST = +84; signal line is +68

1/6/17; 12:57 PM EST = +68; signal line is +69 but algorithm remains long

1/6/17; 12:33 PM EST = +84; signal line is +69; go long 2280; (Benchmark SPX for 2017 = +1.8%)(Keybot algo this trade = -1.8%; Keybot algo for 2017 = -1.8%)(Actual results this trade = -3.6%; Actual results for 2017 = -3.6%)

1/6/17; 10:58 AM EST = +68; signal line is +71

1/6/17; 9:00 AM EST = +52; signal line is +71

1/5/17; 9:36 AM EST = +52; signal line is +72

1/4/17; 11:42 AM EST = +68; signal line is +73

1/4/17; 11:18 AM EST = +84; signal line is +75 but algorithm remains short

1/4/17; 10:49 AM EST = +68; signal line is +75

1/4/17; 10:09 AM EST = +84; signal line is +75 but algorithm remains short

1/4/17; 9:36 AM EST = +68; signal line is +75

1/3/17; 9:36 AM EST = +52; signal line is +76

1/1/17; Begin 2017 Data Set = +38; signal line is +77; go short 2239; (Benchmark SPX for 2017 = 0%)(Keybot algo this trade = 0%; Keybot algo for 2017 = 0%)(Actual results this trade = 0%; Actual results for 2017 = 0%)

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

Keybot the Quant remains short but the bulls are pushing hard to flip the algo back to the long side. Keybot prints five numbers today and the algo wanted to go long but the internal programming parameters would not fully latch to permit the move.

Thursday will be a duel between utilities and retail stocks. UTIL is battling at its 50-week MA at 661.55. This is an extremely important market parameter. The bulls punched above but then fell back below. If UTIL remains under 661.55, stocks will be in trouble for the weeks and months ahead. If the bulls push UTIL above 661.55 (now at 659.24 only 2 points away), Dow 20K is on tap as the bulls will send stocks strongly higher. If UTIL moves above 661.55, and the SPX moves above 2273, Keybot will likely flip long, hence the imminent turn notation in the title line.

The bears desperately need weaker retail stocks and for the RTH to drop under 76.48 (now at 76.93). This will create a leg lower in the stock market. After the closing bell this evening, KSS, M and other retail stocks are collapsing on lower guidance and disappointing holiday retail sales. The bears smile; this is exactly what they need, however, is it enough to sink the RTH tomorrow? If RTH remains bullish, and UTIL bearish, the stock market will stagger along sideways with an upward bias.

For the SPX starting at 2271, the bulls need to touch the 2273 handle, only 2 points higher, and bingo, the upside will accelerate with price tapping on 2280 so fast your head will spin. Watch the overnight S&P futures to see if a couple positive points appear, or not. The bears need to push below 2262 to get their mojo back. A move through 2263-2272 is sideways action for Thursday.

The bears are in control but the bulls have their hands on the steering wheel as well. The algo number is only 5 points below the signal line. UTIL 661.55 and RTH 76.48 will tell the stock market direction story on Thursday. Bulls cheer for higher utilities while bears cheer for lower retail stocks.

1/8/17; 7:00 PM EST =

1/6/17; 9:00 AM EST =

1/4/17; 11:42 AM EST = +68; signal line is +73

1/4/17; 11:18 AM EST = +84; signal line is +75 but algorithm remains short

1/4/17; 10:49 AM EST = +68; signal line is +75

1/4/17; 10:09 AM EST = +84; signal line is +75 but algorithm remains short

1/4/17; 9:36 AM EST = +68; signal line is +75

1/3/17; 9:36 AM EST = +52; signal line is +76

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short after the first day of trading in the new year. The algo prints one number after the opening bell with the algo number now 24 points under the signal line remaining stubbornly bearish. Volatility collapsed with the VIX dropping to a 12-handle so the bulls punched the bears in the face in today's trade.

Wednesday is a critical day. Market bulls need UTIL above 661.50 and/or RTH above 76.48 to guarantee upside stock market joy; the Dow will be over 20K and the SPX will be targeting 2300. Keybot likely needs both parameters to turn bullish to create a flip back to the long side. But either parameter turning bullish guarantees stock market upside and the Dow will likely print 20,000.

The market bears need lower copper so watch the trading overnight to see if the other yellow metal sinks lower, or not. Bears need JJC under 28.39 and it is smooth sailing lower for the stock market. Bears need lower copper and higher volatility (watch the VIX 14.10 level) while bulls need higher utes and retail stocks.

For the SPX starting at 2258, the bulls need to touch the 2264 handle and bingo, price will be above 2270 in a flash. The bears need to push under 2245 to regain downside mojo. A move through 2246-2263 is sideways for hump day. Utilities, retailers and copper dictate broad stock market direction currently.

1/8/17; 7:00 PM EST =

1/6/17; 9:00 AM EST =

1/3/17; 9:36 AM EST = +52; signal line is +76

1/1/17; Begin 2017 Data Set = +38; signal line is +77; go short 2239; (Benchmark SPX for 2017 = 0%)(Keybot algo this trade = 0%; Keybot algo for 2017 = 0%)(Actual results this trade = 0%; Actual results for 2017 = 0%)

STOCK MARKET BEARISH - -SHORT

Keybot the Quant is short to begin the new year of trading on Tuesday morning. Utilities, retail stocks, volatility and copper control the direction of the stock market as the year begins. The market bears are happy with the algo number 39 points below the signal line. The bulls can stop the downward slide in the stock market if one of these three parameters turn bullish; UTIL 660.10 now at 659.61, RTH 76.61 now at 75.80 and/or VIX 14.00 now at 14.04.

The market bears need a failure in copper and it is smooth sailing lower for stocks. Bears need JJC under 28.35 now at 28.77. Note that utilities and volatility's prices are at their bull-bear lines in the sand so these two parameters are most important. If UTIL moves above 660.10 or VIX under 14.00, stocks will begin rallying strongly with a relief rally to begin the year.

Volatility is extremely important and to whittle things down to the most basic concept, watch VIX 14.00 beginning early in the morning Tuesday. If VIX drops under 14, then the market bulls will rally the stock market on Tuesday. If the VIX is above 14 and moving higher early Tuesday, the bears will continue growling and selling off stocks to begin the year.

For the SPX starting at 2239, the bulls need to touch the 2254 handle to regain their upside mojo. The bears need to push under 2234 to accelerate the downside that will be in the 2220's in a flash. A move through 2235-2253 is sideways action for Tuesday. Keybot prints one pre-scheduled number this week on Friday morning. The market bears are running with the ball to begin the year; do they score a touchdown or do they fumble?

1/8/17; 7:00 PM EST =

1/6/17; 9:00 AM EST =

1/1/17; Begin 2017 Data Set = +38; signal line is +77; go short 2239; (Benchmark SPX for 2017 = 0%)(Keybot algo this trade = 0%; Keybot algo for 2017 = 0%)(Actual results this trade = 0%; Actual results for 2017 = 0%)

SPX S&P 500 Daily Chart Displays 2016 Keybot the Quant Algorithm Turns

The S&P 500 chart shows the 26 direction changes in 2016 performed by the Keybot the Quant robot. The model flipped sides almost twice as many times as 2015 indicating a far choppier market back then. 2016 was straight forward. Stocks were collapsing to begin the year but the Fed and other central bankers stepped in from February forward to pump equities higher into the end of the year. Keybot is short the market to begin 2017. What type of year lays ahead?

December Publication of the Daily Chronology of Global Markets and World Economics 2016-12 is Available from Amazon; Stocks Print All-Time Record Highs SPX 2278 INDU 19988 COMPQ 5512 RUT 1393 NDX 4992 FTSE 7143; FOMC Raises Rates 12/14/16; 2016 Market Statistics; Trump Rally; Global Populism; US Dollar Above 103; Italian Bank Trouble; Dow 20K Watch Continues; Dow Theory Confirmation

The December Publication of the Daily Chronology of Global Markets andWorld Economics 2016-12 is available through Amazon. The epic market action continues with the Trump Rally marching on from November through December.

December’s Cover Highlights;

FOMC RAISES RATES

STOCKS PRINT ALL-TIME RECORD HIGHS

SPX 2278 INDU 19988 (only 13 points away from 20K!) COMPQ 5512 RUT 1393 NDX 4992 FTSE 7143

DOW 20K WATCH

DOW THEORY CONFIRMATION

2016 MARKET STATISTICS

TRUMP RALLY

GLOBAL POPULISM

ITALIAN BANK TROUBLE

The month of December is historic. The Italian referendum shows the door to PM Renzi. Stocks fall for a few minutes then rally strongly just like after the Brexit vote and US election. The stock markets do not sell off to any great extent since traders know the central bankers will keep pumping equities higher with easy money.

The Fed raises rates in mid-December and stocks rally again. The bulls are buying stocks with reckless abandon. The Dow 20,000 watch continues with the INDU, or DJI, coming within 13 points of the coveted 20K only to fall on its sword to end the year. A Dow Theory confirmation signal was given when the trannies (TRAN; Dow Transports) printed a new all-tiem record high confirming the highs on the Dow Industrials. However, the transports have driven lower in the back half of December.

The Italian banking problem continues to fester and stink like garbage in the hot summer sun. Monte dei Paschi, the world’s oldest bank, is also the biggest piece of rubbish. Central bankers are figuring a way to bailout the troubled lender but the problems continue with other Italian banks as well as Portuguese and Spanish banks. Any of these banks may create global contagion a la Lehman Brothers in late 2008 that precipitated the global financial crisis. The global populism movement continues with elections on tap this spring in Netherlands and France.

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. You can re-live the real-time price moves and excitement in markets for any past event including Brexit, the US election, economic data releases, Fed meetings, etc...

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 places anyone that listened to television pundits over the last couple years either flat or underwater on their long trades. The global central banker go juice has pumped stocks higher from February of this year creating new all-time highs and rewarding the Keynesian loyalists.

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 cheap and very easy to read and avoids using fancy ten-dollar college words.

As always, all monthly publications of the Daily Chronology of GlobalMarkets 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.

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All readers should support the KE Stone family of blogs so more information, articles, stories, market and economic insight, charts and technical analysis can be provided. The blogs aid charities and will only continue if broadly-supported by the thousands of daily users.

KEYBOT THE QUANT END OF 2016 RESULTS

The Keybot the Quant algorithm is zeroed to begin 2017. The robot remains short from SPX 2239 to begin the new year. Keybot is in the SDS ETF. The Keybot the Quant algorithm smoked Wall Street in 2016. The actual trading returned a phenomenal +46 gain in 2016. The computer program logs a +19% gain. These two metrics can be judged against the benchmark S&P index that gained +9.5% in 2016.

Obviously, the central bankers continue pumping stocks higher with easy money year after year. The Fed saved the day last February as stocks wanted to roll over to start 2016. During the year, the Federal Reserve remained very accomodative not implementing any of the four promised rate hikes until the final days when one rate hike was announced with Chair Yellen's back and credibility against the wall. The ECB played a big role in pumping stocks higher in 2016 as President Draghi continues to promise to "do whatever it takers." Ditto the BOJ and of course the BOE stepped in with mountains of stimulus to save the day in late June after the Brexit vote. Governor Carney kicked off the global stock market rally in the second half of 2016. The central bankers are the market.

Interestingly, Keybot flipped positions (long to short or short to long) 26 times in 2016 so the algorithm flips sides about once every two weeks on average. In 2015, the algo flipped sides 46 times nearly double the 26 times indicating how 2015 was a far more choppy year. Last year, 2016, was very straight forward. Stocks dropped January into February, then the central bankers started printing money like madmen, so stocks rallied from February into year end. 

The +46% return this year is the largest in the algo's history since it went live with actual trading on 1/1/11. Keybot benefited from the Russell ETF's at the end of the year where the small caps exploded vertically higher after the Trump election win on 11/8/16.

Robots are far smarter than humans. 1's and 0's trade without emotion. The Keybot the Quant algorithm has never printed a losing year since its official data track began on 11/23/08.

The algorithm is printing several +100 ticks to finish out the year. The importance of the +100 ticks is epic and historic. The stock market is in its euphoric glory with all parameters pegged to the ceiling as the New Year's celebrations continue. The thinking would be that the only way forward is lower for the stock market, however, Keybot is only beholding to the 1's and 0's. Good luck to all in 2017.

1/8/17; 7:00 PM EST =

1/6/17; 9:00 AM EST =

1/1/17; Begin 2017 Data Set = +38; signal line is +77; go short 2239; (Benchmark SPX for 2017 = 0%)(Keybot algo this trade = 0%; Keybot algo for 2017 = 0%)(Actual results this trade = 0%; Actual results for 2017 = 0%)

Keybot the Quant Begins 2017 on the Short Side from SPX 2239. All Data 0%. Begin 2017.

-------------------------------------------------------------------------------

START 2017 PROGRAM

Begin Printing

Mark and Set

Date Stamp 1/1/16; 4:31 AM EST

START 2017 PROGRAM

End – End – End – End – End – End – End – End – End – End – End

--------------------------------------------------------------------------------

END OF 2016 RESULTS:

SPX Benchmark Final 2016:  +9.5% Gain (SPX Started at 2044 and Ended at 2239)

Keybot the Quant Actual Trading +45.8% Huge Return Big Beat Over the SPX Benchmark

Keybot the Quant is a long-short algorithm that oscillates between a bullish position (long) and a bearish (short) position.

Number of Position Changes (Long to Short or Short to Long) During 2015:  26

Number of Broker Commissions Required During 2015:  52

Benchmark SPX During 2016:  +9.5% Gain

Keybot the Quant Algorithm (Computer Program Only) During 2016: +18.8%

Keybot the Quant Actual Trading Return for 2016 Including All Commissions, Costs and Fees:  +45.8% Return

1/1/2016	2044	Go Short	3:00 PM	RWM	62.11
1/29/2016	1902	Cover short	9:34 AM	RWM	69.21
1/29/2016	1902	Go long	9:34 AM	SSO	54.41
2/23/2016	1930	Sell Long	10:20 AM	SSO	56.12
2/23/2016	1930	Go Short	10:20 AM	SDS	21.75
2/25/2016	1938	Cover short	9:34 AM	SDS	21.58
2/25/2016	1938	Go long	9:34 AM	SSO	56.55
3/10/2016	1973	Sell Long	12:39 PM	SSO	58.70
3/10/2016	1973	Go Short	12:39 PM	DXD	20.81
3/11/2016	2008	Cover short	9:36 AM	DXD	20.11
3/11/2016	2008	Go long	9:36 AM	SPY	201.34
3/24/2016	2026	Sell Long	9:31 AM	SPY	201.85
3/24/2016	2026	Go Short	9:31 AM	SH	20.80
3/29/2016	2050	Cover short	2:15 PM	SH	20.51
3/29/2016	2050	Go long	2:15 PM	SPY	204.61
4/1/2016	2046	Sell Long	9:36 AM	SPY	204.10
4/1/2016	2046	Go Short	9:36 AM	RWM	62.56
4/11/2016	2056	Cover short	9:42 AM	RWM	62.55
4/11/2016	2056	Go long	9:42 AM	IWM	109.61
5/4/2016	2053	Sell Long	9:36 AM	IWM	110.05
5/4/2016	2053	Go Short	9:36 AM	SDS	19.01
5/20/2016	2054	Cover short	9:52 AM	SDS	18.84
5/20/2016	2054	Go long	9:52 AM	SSO	63.68
6/13/2016	2084	Sell Long	3:11 PM	SSO	65.60
6/13/2016	2084	Go Short	3:11 PM	QID	30.08
6/20/2016	2098	Cover short	9;40 AM	QID	30.10
6/20/2016	2098	Go long	9:40 AM	SSO	66.33
6/24/2016	2054	Sell Long	11:26 AM	SSO	63.56
6/24/2016	2054	Go Short	11:26 AM	SDS	18.69
6/29/2016	2053	Cover short	9:36 AM	SDS	18.65
6/29/2016	2053	Go long	9:36 AM	DDM	65.26
7/5/2016	2091	Sell Long	9:40 AM	DDM	67.66
7/5/2016	2091	Go Short	9:40 AM	SDS	17.91
7/6/2016	2097	Cover short	1:01 PM	SDS	17.80
7/6/2016	2097	Go long	1:01 PM	SPY	209.40
8/26/2016	2166	Sell Long	12:10 PM	SPY	216.89
8/26/2016	2166	Go Short	12:10 PM	SDS	16.57
9/19/2016	2148	Cover short	9:36 AM	SDS	16.73
9/19/2016	2148	Go long	9:36 AM	SSO	69.79
10/5/2016	2154	Sell Long	9:36 AM	SSO	70.13
10/5/2016	2154	Go Short	9:36 AM	SDS	16.59
10/19/2016	2144	Cover short	10:44 AM	SDS	16.72
10/19/2016	2144	Go long	10:44 AM	SSO	69.52
11/1/2016	2123	Sell Long	10:14 AM	SSO	68.14
11/1/2016	2123	Go Short	10:14 AM	SDS	17.27
11/7/2016	2116	Cover short	9:36 AM	SDS	17.10
11/7/2016	2116	Go long	9:36 AM	UWM	85.50
12/1/2016	2193	Sell Long	12:58 PM	UWM	104.55
12/1/2016	2193	Go Short	12:58 PM	TWM	25.46
12/5/2016	2204	Cover short	9:47 AM	TWM	24.87
12/5/2016	2204	Go long	9:47 AM	UWM	107.00
12/28/2016	2265	Sell Long	9:50 AM	UWM	114.06
12/28/2016	2265	Go Short	9:50 AM	SDS	14.79
1/1/2017	2239	Cover short	3:59 AM	SDS	15.11
1/1/2017	2239	Go Short	3:59 AM	SDS	15.11

Date – SPX – Position – Date Stamp – ETF – Price

Begin Printing Trade Data Entries Exits Reverse Order

FINAL 2016

Mark and Set

Date Stamp 1/1/17; 4:18 AM EST

End – End – End – End – End – End – End – End – End – End – End

-----------------------------------------------------------------------------------

1/1/17; Algorithm Zeroed for 2017 Data = +38; signal line is +77; go short 2239; (Benchmark SPX for 2016 Final = +9.5%)(Keybot algo this trade = +1.2%; Keybot algo for 2016 Final = +18.8%)(Actual results this trade = +2.2%; Actual results for 2016 Final = +45.8%)

1/1/17; 3:59 AM EST EOM; EOQ4; EOH2; EOY = +38; signal line is +77

12/30/16; 3:47 PM EST = +38; signal line is +79

12/30/16; 12:56 AM EST = +54; signal line is +80

12/30/16; 10:51 AM EST = +68; signal line is +81

12/30/16; 10:29 AM EST = +54; signal line is +81

12/29/16; 11:50 AM EST = +68; signal line is +82

12/29/16; 11:50 AM EST = +68; signal line is +82

12/29/16; 11:27 AM EST = +84; signal line is +82 but algorithm remains short

12/29/16; 11:20 AM EST = +68; signal line is +82

12/29/16; 11:08 AM EST = +52; signal line is +82

12/28/16; 9:50 AM EST = +68; signal line is +82; go short 2265; (Benchmark SPX for 2016 = +10.8%)(Keybot algo this trade = +2.8%; Keybot algo for 2016 = +17.6%)(Actual results this trade = +6.6%; Actual results for 2016 = +43.6%)