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

Keybot the Quant remains long but the bears keep chomping away trying to create weakness. The algo has been idling in recent days as the stock market continues printing record highs but yesterday goes crazy printing off 11 numbers. The algo wanted to go short but all the internal parameters would not latch to allow the move so Keybot remains on the long side.

Chips, copper and volatility are most impacting stock market direction currently. Market bears need the VIX above 10.66, SOX below 1257 and JJC to remain below 35.07. The market bulls need the VIX to remain below 10.66 (trading at 10.40 as this message is typed), the SOX to remain above 1257 and JJC needs to move above 35.07. As the Thursday session begins, volatility is bullish, semiconductors are bullish and copper is bearish.

If either VIX moves above 10.66 and/or SOX below 1257 (now at 1265), either one would do, and the SPX drops below 2620, Keybot will likely flip short, hence the imminent turn notation in the title line. Today is EOM and it appears the bull's will log another up month for the stock market. Keybot prints a pre-scheduled number this evening.

Bulls are cheering for higher copper which will catapult stocks higher. Bears are hoping for weaker chips and higher volatility, otherwise, they got nothing.

12/3/17; 7:00 PM EST =

11/30/17; 7:00 PM EST EOM =

11/30/17; 3:06 AM EST = +84; signal line is +82

11/29/17; 3:59 PM EST = +70; signal line is +82 but algorithm remains long

11/29/17; 3:29 PM EST = +84; signal line is +82

11/29/17; 2:44 PM EST = +70; signal line is +82 but algorithm remains long

11/29/17; 2:16 PM EST = +84; signal line is +83

11/29/17; 1:42 PM EST = +70; signal line is +82 but algorithm remains long

11/29/17; 1:24 PM EST = +84; signal line is +83

11/29/17; 12:21 PM EST = +70; signal line is +83 but algorithm remains long

11/29/17; 12:09 PM EST = +54; signal line is +83 but algorithm remains long

11/29/17; 11:54 AM EST = +70; signal line is +85 but algorithm remains long

11/29/17; 9:36 AM EST = +84; signal line is +85 but algorithm remains long

11/28/17; 10:00 AM EST = +100; signal line is +86

11/26/17; 7:00 PM EST = +100; signal line is +86

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

Keybot the Quant remains long. The S&P 500 prints above 2600 last Thursday and on Friday closes above 2600 for the first time in history. The bulls, and central bankers, are unstoppable. The algo identifies volatility and banks as the two key parameters most impacting stock market direction currently. The market bears need either VIX above 10.63 and/or XLF below 26.02. If both parameters remain bullish, stocks will continue floating higher.

If either parameter turns bearish, and the SPX drops under 2600, Keybot will likely flip short. Bears need higher volatility and lower banks otherwise the beatings will continue. Keybot prints two pre-scheduled numbers this week. The month ends on Thursday. November started at SPX 2575.26 so bears would need a 27-point pull back within the next four days to turn the month negative. The bulls remain in firm control of the stock market. The algorithm remains pegged at the epic maximum +100 level.

12/3/17; 7:00 PM EST =

11/30/17; 7:00 PM EST EOM =

11/28/17; 10:00 AM EST =

11/26/17; 7:00 PM EST = +100; signal line is +86
11/22/17; 10:00 AM EST = +100; signal line is +84

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The bulls are in their glory as the algorithm continues printing the epic +100 highs. Keep watching the VIX 10.65 level for the first sign of cracks in the stock market. If the VIX moves higher and oscillates above and below the 10.65 level this likely hints that stocks will begin selling off. For now, the bulls are on easy street. Keybot remains pegged into the maximum +100 ceiling with all algorithm parameters joyously bullish. The stock market closes at 1 PM EST today.

11/26/17; 7:00 PM EST =

11/22/17; 10:00 AM EST = +100; signal line is +84

11/20/17; 3:59 PM EST = +100; signal line is +84

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

Keybot the Quant remains long. The key parameter controlling market direction currently is volatility. Stocks will continue higher if the VIX maintains a 9-handle. Market bears need VIX above 10.65 to create stock market selling. Bulls rule the stock market with the VIX below 10.65.

If the VIX turns bearish at 10.65, and the SPX drops below 2589, Keybot will likely flip short. The epic market action continues this year with the algo at the maximum +100 level. Keybot prints a pre-scheduled number at 10 AM EST. US markets are closed tomorrow for Thanksgiving and will close early on Friday. The beat goes on.

11/26/17; 7:00 PM EST =

11/22/17; 10:00 AM EST =

11/20/17; 3:59 PM EST = +100; signal line is +84

11/20/17; 3:32 PM EST = +86; signal line is +84

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

Keybot the Quant remains on the long side with the bulls jamming volatility lower to send stocks higher. VIX fell through 11.14 so you knew that the bulls had the upper hand and then a fight occurred at the important VIX 10.67 level identified by Keybot and price failed below sending stocks higher. Isn't is fascinating the algorithm identifies key price points before they occur? VIX closed the session at 10.65 on the bull side of the key 10.67 bull-bear line in the sand. At the same time copper was falling but never fell enough to help the bears. Thus, the bulls slap the bears in the face with the drop in volatility. Slap, slap.

Same routine ahead. Bulls are on easy street and will send the stock market higher with the algo number pegged to the maximum and historic +100. Market bears need either VIX above 10.67 and/or JJC below 34.83. Volatility and copper remain the two parameters most impacting broad stock market direction currently.

If either VIX or JJC turns bearish, either one would do, and the SPX falls below 2578, Keybot will likely flip short. The market bulls have their sights set on SPX 2600 while the bears are praying for higher volatility and lower copper prices. VIX is at 10.27 in early pre-regular session trading and copper futures are trading positively. Bulls slap the bears in the face again. Slap, slap.

11/26/17; 7:00 PM EST =

11/22/17; 10:00 AM EST =

11/20/17; 3:59 PM EST = +100; signal line is +84

11/20/17; 3:32 PM EST = +86; signal line is +84

11/20/17; 1:50 PM EST = +100; signal line is +84

11/20/17; 1: 42 PM EST = +86; signal line is +84

11/20/17; 10:56 AM EST = +100; signal line is +84

11/19/17; 7:00 PM EST = +86; signal line is +84

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

Keybot the Quant is on the long side as markets chop along sideways. The stock market is a coin-flip as evidenced by the algo number only 2 points above the signal line. The three key parameters controlling broad stock market direction currently are volatility, banks and copper as the previous comments highlight. The VIX came down to the 200-day MA at 11.15 and bounced. When that occurred you knew the bulls did not have the juice to take the stock market higher.

Bears need XLF under 26.00 and/or JJC under 34.79 for the stock market to begins selling off in force. XLF price came down to 26.00-26.03 on Friday and JJC down to 34.79-34.83, testing both levels that Keybot called out ahead of time but prices bounced off both of the key bull-bear lines in the sand so you knew that the market bears did not have the juice to take the stock market lower. Hence, sideways choppy slop. The S&P 500 has basically chopped sideways through the tight 2560-2590 range for the last six weeks.

Bulls need VIX under 11.15 to prove they can take stocks higher and if VIX falls below 10.67, stocks will catapult higher with the SPX leaping above 2600.

Bears need XLF under 26.00 and/or JJC under 34.79 to create stock market selling. If either parameter turns bearish, only one is necessary, and the SPX falls below 2578, Keybot will likely flip to the short side.

One of these three parameters volatility, banks or copper will flinch and that will immediately tell you the direction of the stock market ahead.

Keybot prints one pre-scheduled number this week on Wednesday morning. The stock market is closed on Thursday for the Thanksgiving Day holiday. Friday is a shortened session closing at 1 PM EST. Watch copper futures trading into Monday morning as well as listening for any news concerning the banks to provide hints on the path ahead for the US stock market.

11/26/17; 7:00 PM EST =

11/22/17; 10:00 AM EST =

11/19/17; 7:00 PM EST = +86; signal line is +84

11/17/17; 9:00 AM EST = +86; signal line is +84

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

Keybot the Quant is on the long side after more choppy action over the last few days. The algorithm is getting tossed around to and fro like a rag doll. The stock market direction is a toss-up as evidenced by the algo number and signal line at the same basic level.

The algo flipped short on Tuesday then whack; Keybot was smacked back to the bull side yesterday. The price action is sideways choppy slop with bull and bear traps. The Keybot algorithm program and actual trading take marginal losses on the last 2 trades. Keybot cycled from PSQ to DIA for the long side then to SH for the short side now in IWM for the long side. Both the algorithm program and actual trading is flat on the year. The benchmark S&P 500 is up a big +15.6% this year with 6 weeks remaining.

Volatility, copper and banks are dictating stock market direction currently. The VIX bull-bear line in the sand is at 10.67 and price is at 11.62 firmly above creating the negativity in stocks. You can watch the VIX 200-day MA at 11.14 which is a critical bull-bear signal line. Stocks will roll over and selloff as long as the VIX remains above 11.14. Bulls will fight back if the VIX drops under 11.14 and if price loses the 10.67 level, the SPX will launch above 2600.

Watch JJC 34.79 with price only 3 cents on the bull side at 34.82 creating lift in the stock market. Bears will rejoice if JJC drops below 34.79. Copper futures are trading flat.

Watch XLF 26.00 with price at 26.19 on the bull side creating lift in the stock market. Bears will rejoice if XLF drops below 26.00.

Thus, market bulls need to keep copper and banks buoyant while sending the VIX below 11.14 and 10.67. Market bears need to keep volatility elevated while sending either JJC below 34.79 and/or XLF below 26.00. If either JJC or XLF loses the level mentioned, either one would do, and the SPX drops under 2573, Keybot will likely flip short, hence the imminent turn notation remains in the title line. The beat goes on.

11/19/17; 7:00 PM EST =

11/17/17; 9:00 AM EST = +86; signal line is +84

11/16/17; 2:05 PM EST = +86; signal line is +85; go long 2589; (Benchmark SPX for 2017 = +15.6%)(Keybot algo this trade = -0.8%; Keybot algo for 2017 = +0.6%)(Actual results this trade = -0.8%; Actual results for 2017 = +0.2%)

11/16/17; 1:14 PM EST = +86; signal line is +85 but algorithm remains short

11/16/17; 11:34 AM EST = +70; signal line is +86

11/15/17; 10:56 AM EST = +86; signal line is +87

11/15/17; 10:06 AM EST = +70; signal line is +87

11/15/17; 9:36 AM EST = +54; signal line is +88

11/14/17; 1:46 AM EST = +70; signal line is +90

11/14/17; 10:43 AM EST = +86; signal line is +90

11/14/17; 10:08 AM EST = +70; signal line is +90

11/14/17; 10:04 AM EST = +86; signal line is +91; go short 2568; (Benchmark SPX for 2017 = +14.7%)(Keybot algo this trade = -0.3%; Keybot algo for 2017 = +1.4%)(Actual results this trade = -0.6%; Actual results for 2017 = +1.0%)

11/13/17; 9:54 AM EST = +86; signal line is +91 but algorithm remains long

11/13/17; 9:36 AM EST = +70; signal line is +91 but algorithm remains long

11/12/17; 7:00 PM EST = +86; signal line is +92 but algorithm remains long

11/10/17; 10:00 AM EST = +86; signal line is +92 but algorithm remains long

11/10/17; 8:58 AM EST = +86; signal line is +93 but algorithm remains long

11/9/17; 3:55 PM EST = +100; signal line is +93

11/9/17; 1:24 PM EST = +86; signal line is +93 but algorithm remains long

11/9/17; 12:19 PM EST = +70; signal line is +93 but algorithm remains long

11/9/17; 11:28 AM EST = +86; signal line is +94 but algorithm remains long

11/9/17; 10:58 AM EST = +100; signal line is +95

11/9/17; 10:43 AM EST = +86; signal line is +95 but algorithm remains long

11/9/17; 10:03 AM EST = +100; signal line is +94

11/9/17; 9:36 AM EST = +86; signal line is +94 but algorithm remains long

11/5/17; 7:00 PM EST = +100; signal line is +95

11/3/17; 9:00 AM EST = +100; signal line is +95

10/31/17; 7:00 PM EST EOM = +100; signal line is +94

10/31/17; 10:00 AM EST = +100; signal line is +94

10/30/17; 12:36 PM EST = +100; signal line is +94

10/30/17; 12:24 PM EST = +86; signal line is +94 but algorithm remains long

10/29/17; 7:00 PM EST = +100; signal line is +94
10/27/17; 11:09 AM EST = +100; signal line is +94; go long 2576; (Benchmark SPX for 2017 = +15.1%)(Keybot algo this trade = -0.4%; Keybot algo for 2017 = +1.7%)(Actual results this trade = -1.4%; Actual results for 2017 = +1.6%)

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

Keybot the Quant remains long as the market antics continue. The algo printed 8 numbers last Thursday and is champing at the bit to go short with the algo number 5 points below the signal line, however, the internal parameters will not fully latch to permit the move. If the SPX drops below 2574 tomorrow (Tuesday), Keybot will likely flip short, hence the imminent turn notation is in the title line. Market bears would benefit from a slow steady move lower with the stock market and not a gap down since this may delay the algorithm from flipping short.

Keybot is tracking two parameters that are most greatly impacting broad stock market direction; volatility and the banks. VIX is at 11.50 above the 10.66 bull-bear line identified by Keybot so the bears are happy. XLF is at 26.12 above the 26.00 bull-bear line in the sand so the bulls are happy. One of these 2 parameters will flinch and that will dictate stock market direction. Bears will cheer if XLF drops under 26.00. Bulls will throw confetti if VIX drops under 10.66. As the banks go, so go the markets. Copper is also key. Watch JJC 34.88. Price is at 35.65 on the bull side so Doctor Copper creates lift in the stock market.

Keybot prints a pre-scheduled number this week on Friday morning. The sideways choppy slop continues. The S&P 500 has basically moved through the 2565-2595 range for the last month. The beat goes on.

11/19/17; 7:00 PM EST =

11/17/17; 9:00 AM EST =

11/13/17; 9:54 AM EST = +86; signal line is +91 but algorithm remains long

11/13/17; 9:36 AM EST = +70; signal line is +91 but algorithm remains long

11/12/17; 7:00 PM EST = +86; signal line is +92 but algorithm remains long

11/10/17; 10:00 AM EST = +86; signal line is +92 but algorithm remains long

11/10/17; 8:58 AM EST = +86; signal line is +93 but algorithm remains long

11/9/17; 3:55 PM EST = +100; signal line is +93

11/9/17; 1:24 PM EST = +86; signal line is +93 but algorithm remains long

11/9/17; 12:19 PM EST = +70; signal line is +93 but algorithm remains long

11/9/17; 11:28 AM EST = +86; signal line is +94 but algorithm remains long

11/9/17; 10:58 AM EST = +100; signal line is +95

11/9/17; 10:43 AM EST = +86; signal line is +95 but algorithm remains long

11/9/17; 10:03 AM EST = +100; signal line is +94

11/9/17; 9:36 AM EST = +86; signal line is +94 but algorithm remains long

11/5/17; 7:00 PM EST = +100; signal line is +95

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot remains on the long side with the algo pegged at the maximum +100 level. The last move from short to long was about a week and one-half ago. Volatility remains the key parameter impacting market direction. VIX 10.62 is the bull-bear line in the sand. Bulls are on easy street below while above will usher in serious market selling.

The +100 prints are epic and historic. The initial +100 prints occurred about 11 months ago. It is amazing that almost a year later the algo keeps drifting back up to +100 without any serious pull back in the stock market occurring. You would think a rolling stock market top would take place over a 3 to 6 month period, maybe more, however, the US stock market is joyous for one year straight. It is truly historic and something that many of us may never see again in our lifetimes once the party ends. The +95 number on the signal line is al;so at a record high. It is astounding.

On the last trade, the algo program loses -0.4% and the actual trading -1.4%. Unfortunately, the PSQ ETF was short tech stocks which rallied big. Keybot exited PSQ and entered DIA. The S&P 500 is up a bigtime +15.1% this year. The power of the central bankers is amazing.

Lower copper and retail stocks will help the market bears but the key is volatility currently. Bears need VIX above 10.62 or they got nothing. An imminent turn to the downside will be in play if VIX moves above 10.62. World stock indexes continue printing record highs. Keybot prints a pre-scheduled number this week on Friday morning.

11/12/17; 7:00 PM EST =

11/10/17; 10:00 AM EST =

11/5/17; 7:00 PM EST = +100; signal line is +95

11/3/17; 9:00 AM EST = +100; signal line is +95

10/31/17; 7:00 PM EST EOM = +100; signal line is +94

10/31/17; 10:00 AM EST = +100; signal line is +94

10/30/17; 12:36 PM EST = +100; signal line is +94

10/30/17; 12:24 PM EST = +86; signal line is +94 but algorithm remains long

10/29/17; 7:00 PM EST = +100; signal line is +94

10/27/17; 11:09 AM EST = +100; signal line is +94; go long 2576; (Benchmark SPX for 2017 = +15.1%)(Keybot algo this trade = -0.4%; Keybot algo for 2017 = +1.7%)(Actual results this trade = -1.4%; Actual results for 2017 = +1.6%)

10/27/17; 10:07 AM EST = +100; signal line is +94 but algorithm remains short

10/27/17; 10:00 AM EST = +86; signal line is +94

10/25/17; 9:49 AM EST = +86; signal line is +94; go short 2565; (Benchmark SPX for 2017 = +14.6%)(Keybot algo this trade = -0.3%; Keybot algo for 2017 = +2.1%)(Actual results this trade = -0.2%; Actual results for 2017 = +3.0%)