STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side at the opening bell today (Tuesday) at SPX 2702. Banks are bludgeoned so you know the stock market is in trouble. Weakness first showed in the South Korean banks overnight. Volatility also slipped into the bear camp but recovered as the day ended.

Keybot is now on the short side. Bears win big if either VIX moves above 17.10, RTH under 95.47 and/or GTX under 2683.

Bulls will stop the slide lower in stocks if they maintain the VIX below 17.10 and push the NYA Index and copper higher. Bulls need NYA above 12583 and JJCTF above 34.68.

Since the VIX is at 17.02 only pennies below the 17.10 in the bull camp, as volatility goes, the stock market will go inversely.

On the last trade, the algorithm program gains +0.8% and the actual trading gains +0.4%. The SPX benchmark is up +1.1% on the year with the actual trading by the Keybot algo up +7.2%.

Volatility, the VIX, begins trading at 3 AM EST when the European markets open so that will give you an early indication on the hump day trade. The bears are in good shape but they must immediately push the VIX above 17.10 or they will prove that they got nothing.

6/1/18; 9:00 AM EST =

5/31/18; 7:00 PM EST EOM =

5/29/18; 3:59 PM EST = +38; signal line is +60

5/29/18; 1:37 PM EST = +24; signal line is +61

5/29/18; 10:00 AM EST = +38; signal line is +64

5/29/18; 9:36 AM EST = +38; signal line is +65; go short 2702; (Benchmark SPX for 2018 = +1.1%)(Keybot algorithm program this trade = +0.8%; Keybot algo for 2018 = +2.5%)(Actual results this trade = +0.4%; Actual trading results for 2018 = +7.2%)

5/27/18; 7:00 PM EST = +52; signal line is +66 but algorithm remains long

5/25/18; 10:00 AM EST = +52; signal line is +66 but algorithm remains long

5/25/18; 9:36 AM EST = +52; signal line is +66 but algorithm remains long

5/24/18; 3:06 PM EST = +68; signal line is +66

5/24/18; 2:32 PM EST = +84; signal line is +64

5/24/18; 12:19 PM EST = +68; signal line is +62

5/24/18; 10:23 AM EST = +52; signal line is +61 but algorithm remains long

5/24/18; 10:08 AM EST = +68; signal line is +60

5/24/18; 10:01 AM EST = +52; signal line is +58 but algorithm remains long

5/23/18; 9:36 AM EST = +68; signal line is +57

5/21/18; 1:52 PM EST = +84; signal line is +54

5/21/18; 1:37 PM EST = +68; signal line is +51

5/21/18; 12:53 PM EST = +84; signal line is +51

5/21/18; 9:44 AM EST = +68; signal line is +49

5/21/18; 9:36 AM EST = +84; signal line is +47
5/20/18; 7:00 PM EST = +52; signal line is +44
5/16/18; 9:00 AM EST = +52; signal line is +43

5/15/18; 9:36 AM EST = +52; signal line is +43

5/14/18; 2:58 PM EST = +68; signal line is +43

5/14/18; 2:08 PM EST = +52; signal line is +42

5/14/18; 12:42 PM EST = +68; signal line is +42

5/14/18; 12:26 PM EST = +52; signal line is +41

5/14/18; 11:16 AM EST = +68; signal line is +41

5/14/18; 10:42 AM EST = +84; signal line is +39

5/14/18; 10:07 AM EST = +68; signal line is +37

5/14/18; 9:36 AM EST = +84; signal line is +36

5/13/18; 7:00 PM EST = +68; signal line is +33

5/11/18; 10:00 AM EST = +68; signal line is +31

5/11/18; 9:36 AM EST = +68; signal line is +28

5/9/18; 12:37 PM EST = +52; signal line is +27

5/9/18; 11:31 AM EST = +36; signal line is +26

5/9/18; 10:57 AM EST = +20; signal line is +25 but algorithm remains long

5/9/18; 10:16 AM EST = +36; signal line is +24

5/9/18; 10:07 AM EST = +20; signal line is +22 but algorithm remains long

5/9/18; 9:36 AM EST = +36; signal line is +21; go long 2681; (Benchmark SPX for 2018 = +0.3%)(Keybot algorithm program this trade = -0.5%; Keybot algo for 2018 = +1.7%)(Actual results this trade = -0.6%; Actual trading results for 2018 = +6.8%)

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

Keybot the Quant is long but champing at the bit to go short. The algo wants to flip short with the algo number 14 points below the signal line but the internal parameters will not yet fully latch to permit the move to the short side. US trading resumes tomorrow (Tuesday morning). If the SPX drops below 2715, Keybot will likely flip short, hence the imminent turn notation in the title line. S&P futures are +4 as this message is typed on Monday evening.

Bulls will nullify the bear's attack if either XLF moves above 27.88 and/or if JJCTF moves above 34.75. Either one will place the bulls back in business sendig stocks higher. Both turning bullish will create a new rally in stocks.

Bears need banks and copper to remain in the bear camp while creating weaker utilities and a lower NYA Index. Bears need UTIL under 681.12 and/or NYA under 12569. If one parameter turns bearish, the downside is guaranteed and stocks will begin falling apart. If both flip into the bear camp, the stock market will be selling off in force.

So bulls need higher banks and copper and bears need lower utilities and NYA Index. Since XLF begins at 27.85, only 3 pennies on the bear side, the banks carry the most clout. As the banks go, so goes the stock market.

Keybot prints a pre-scheduled number tomorrow at 10 AM, another on Thursday evening and then another on Friday morning. The month of May ends on Thursday (EOM). The bears have the stock market on a silver platter if they want it. Watch the banks and copper overnight.

6/3/18; 7:00 PM EST =

6/1/18; 9:00 AM EST =

5/31/18; 10:00 AM EST EOM =

5/29/18; 10:00 AM EST =

5/27/18; 7:00 PM EST = +52; signal line is +66 but algorithm remains long

5/25/18; 10:00 AM EST = +52; signal line is +66 but algorithm remains long

5/25/18; 9:36 AM EST = +52; signal line is +66 but algorithm remains long

5/24/18; 3:06 PM EST = +68; signal line is +66

5/24/18; 2:32 PM EST = +84; signal line is +64

5/24/18; 12:19 PM EST = +68; signal line is +62

5/24/18; 10:23 AM EST = +52; signal line is +61 but algorithm remains long

5/24/18; 10:08 AM EST = +68; signal line is +60

5/24/18; 10:01 AM EST = +52; signal line is +58 but algorithm remains long

5/23/18; 9:36 AM EST = +68; signal line is +57

5/21/18; 1:52 PM EST = +84; signal line is +54

5/21/18; 1:37 PM EST = +68; signal line is +51

5/21/18; 12:53 PM EST = +84; signal line is +51
5/21/18; 9:44 AM EST = +68; signal line is +49

5/21/18; 9:36 AM EST = +84; signal line is +47
5/20/18; 7:00 PM EST = +52; signal line is +44
5/16/18; 9:00 AM EST = +52; signal line is +43
5/15/18; 9:36 AM EST = +52; signal line is +43

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains on the long side. The algo prints 8 numbers in the Monday session. The bulls are in charge with the algo number 9 points above the signal line.

Utilities, copper and banks are the three key parameters currently influencing stock market direction. Utes and copper create negativity while banks create positivity. The bulls need either UTIL above 684.48 and/or JJCTF above 34.80. Either one will prove that the bulls will take stocks higher.

The bears need weaker banks and for the XLF to drop below 27.87. If XLF turns bearish, consider the imminent turn to the downside to be in play, and if the SPX prints below 2702, Keybot will likely flip short.

Thus, bulls are cheering for stronger utilities and copper while bears hope for weaker banks. Banks, especially Italian banks, are weaker in European trading. Copper futures are up a smidgeon in current trading.

Keybot prints a pre-scheduled number in about an hour. S&P futures are up +2 two hours before the opening bell for the regular trading session.

5/20/18; 7:00 PM EST =

5/16/18; 9:00 AM EST =

5/15/18; 9:36 AM EST = +52; signal line is +43

5/14/18; 2:58 PM EST = +68; signal line is +43

5/14/18; 2:08 PM EST = +52; signal line is +42

5/14/18; 12:42 PM EST = +68; signal line is +42

5/14/18; 12:26 PM EST = +52; signal line is +41

5/14/18; 11:16 AM EST = +68; signal line is +41

5/14/18; 10:42 AM EST = +84; signal line is +39

5/14/18; 10:07 AM EST = +68; signal line is +37

5/14/18; 9:36 AM EST = +84; signal line is +36

5/13/18; 7:00 PM EST = +68; signal line is +33

5/11/18; 10:00 AM EST = +68; signal line is +31

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long as the bulls put together a multi-day run higher in the stock market. Copper jumps into the bull camp creating the lift in the Friday session. Most major stock market parameters are bullish. UTIL ends the week at 689 above the key 684 level which will provide lift to stocks on Monday. Bulls next need UTIL above the 717-718 level to signal wild upside for stocks ahead.

Market bears need UTIL under 684.48 pronto. Bears also need JJCTF under 34.80 and XLF under 27.81. Utes, copper and banks determine stock market direction currently. The bulls are cruising with the algo number 37 points above the signal line.

5/20/18; 7:00 PM EST =

5/16/18; 9:00 AM EST =

5/13/18; 7:00 PM EST =

5/11/18; 10:00 AM EST = +68; signal line is +31

5/11/18; 9:36 AM EST = +68; signal line is +28

5/9/18; 12:37 PM EST = +52; signal line is +27

STOCK MARKET BULLISH -- LONG

Keybot the Quant is on the long side as the whipsaw activity continues. Banks and copper are key to stock market direction. UTIL 684.48 is a key bull-bear parameter for all of next week so at 4 PM EST today the print for UTIL will tell a lot about Monday trading. UTIL begins today at 688. The beat goes on.

5/20/18; 7:00 PM EST =

5/16/18; 9:00 AM EST =

5/13/18; 7:00 PM EST =

5/11/18; 10:00 AM EST =

5/9/18; 12:37 PM EST = +52; signal line is +27

5/9/18; 11:31 AM EST = +36; signal line is +26

5/9/18; 10:57 AM EST = +20; signal line is +25 but algorithm remains long

5/9/18; 10:16 AM EST = +36; signal line is +24

5/9/18; 10:07 AM EST = +20; signal line is +22 but algorithm remains long

5/9/18; 9:36 AM EST = +36; signal line is +21; go long 2681; (Benchmark SPX for 2018 = +0.3%)(Keybot algorithm program this trade = -0.5%; Keybot algo for 2018 = +1.7%)(Actual results this trade = -0.6%; Actual trading results for 2018 = +6.8%)

5/8/18; 3:42 PM EST = +20; signal line is +19 but algorithm remains short
5/8/18; 10:12 AM EST = +6; signal line is +18

5/8/18; 9:47 AM EST = -10; signal line is +18

5/8/18; 9:36 AM EST = +6; signal line is +19; go short 2667; (Benchmark SPX for 2018 = -0.3%)(Keybot algorithm program this trade = +1.3%; Keybot algo for 2018 = +2.2%)(Actual results this trade = +1.5%; Actual trading results for 2018 = +7.4%)

5/7/18; 3:59 PM EST = +52; signal line is +20

5/7/18; 3:45 PM EST = +38; signal line is +19

5/7/18; 3:39 PM EST = +22; signal line is +18

5/7/18; 3:25 PM EST = +6; signal line is +18 but algorithm remains long

5/7/18; 3:19 PM EST = +22; signal line is +19

5/7/18; 11:05 AM EST = +52; signal line is +19

5/7/18; 10:42 AM EST = +36; signal line is +19

5/7/18; 10:33 AM EST = +52; signal line is +19

5/7/18; 10:07 AM EST = +36; signal line is +19

5/7/18; 9:58 AM EST = +52; signal line is +18
5/7/18; 9:36 AM EST = +36; signal line is +18

5/6/18; 7:00 PM EST = +22; signal line is +18

5/4/18; 3:51 PM EST = +22; signal line is +18

5/4/18; 2:09 PM EST = +36; signal line is +18

5/4/18; 10:16 AM EST = +22; signal line is +18

5/4/18; 9:50 AM EST = +6; signal line is +18 but algorithm remains long

5/4/18; 9:36 AM EST = -8; signal line is +18 but algorithm remains long

5/4/18; 9:00 AM EST = +22; signal line is +19

5/3/18; 1:40 PM EST = +22; signal line is +19; go long 2634; (Benchmark SPX for 2018 = -1.5%)(Keybot algorithm program this trade = -0.2%; Keybot algo for 2018 = +0.9%)(Actual results this trade = -0.8%; Actual trading results for 2018 = +5.9%)

5/3/18; 12:46 PM EST = +8; signal line is +19

5/3/18; 11:51 AM EST = -8; signal line is +19

5/3/18; 11:31 AM EST = -20; signal line is +20

5/3/18; 11:16 AM EST = -8; signal line is +22

5/3/18; 10:21 AM EST = -22; signal line is +24

5/3/18; 9:41 AM EST = -6; signal line is +27

5/3/18; 9:40 AM EST = +8; signal line is +29

5/2/18; 3:40 PM EST = +22; signal line is +31

5/2/18; 3:09 PM EST = +36; signal line is +32 but algorithm remains short

5/1/18; 1:54 PM EST = +22; signal line is +33

5/1/18; 11:02 AM EST = +8; signal line is +33; go short 2630; (Benchmark SPX for 2018 = -1.7%)(Keybot algorithm program this trade = -0.9%; Keybot algo for 2018 = +1.1%)(Actual results this trade = -1.6%; Actual trading results for 2018 = +6.7%)

5/1/18; 9:36 AM EST = +22; signal line is +34 but algorithm remains long

4/30/18; 7:00 PM EST EOM = +36; signal line is +35

4/30/18; 9:58 AM EST = +36; signal line is +35

4/30/18; 9:41 AM EST = +52; signal line is +35

4/29/18; 7:00 PM EST = +36; signal line is +36 but algorithm remains long

4/27/18; 12:52 PM EST = +36; signal line is +37 but algorithm remains long

4/27/18; 10:32 AM EST = +22; signal line is +37 but algorithm remains long

4/27/18; 10:00 AM EST = +36; signal line is +37 but algorithm remains long

4/27/18; 9:36 AM EST = +36; signal line is +36 but algorithm remains long

4/26/18; 3:16 PM EST = +22; signal line is +35 but algorithm remains long
4/26/18; 9:58 AM EST = +38; signal line is +34; go long 2654; (Benchmark SPX for 2018 = -0.8%)(Keybot algorithm program this trade = -0.3%; Keybot algo for 2018 = +2.0%)(Actual results this trade = +0.3%; Actual trading results for 2018 = +8.3%)

April Publication of the Daily Chronology of Global Markets and World Economics 2018-04 is Available from Amazon; Yield Curve Drama; Trade Wars Continue; Earnings Strong but Stocks Soggy; US Dollar Above 92; Euro Under 1.20; Pound Under 1.36; Oil Near 4-Year Highs; FB CEO Zuckerberg on Capitol Hill; Unemployment Rate Prints 3-Handle; Historic Korean Summit; Systems Outages Occurring at Global Stock Exchanges; US and France Strike Syria

The April Publication of the Daily Chronology of Global Markets and World Economics 2018-04 is available through Amazon. The 2018-04 publication describes and explains the stock, bond and currency market drama in detail in real-time.

The May 2018-05 publication of the Daily Chronology of Global Markets and World Economics is tentatively set for publication by Amazon on Saturday, 6/2/18.