Tuesday, February 26, 2019

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long.

3/1/19; 10:00 AM EST =
2/28/19; 7:00 PM EST EOM =
2/26/19; 2:15 PM EST = +87; signal line is +63
2/26/19; 1:50 PM EST = +73; signal line is +61
2/26/19; 10:00 AM EST = +87; signal line is +60
2/26/19; 9:36 AM EST = +87; signal line is +57
2/26/19; 9:00 AM EST = +73; signal line is +55
2/25/19; 2:20 PM EST = +73; signal line is +54
2/25/19; 1:49 PM EST = +87; signal line is +53
2/25/19; 11:28 AM EST = +73; signal line is +51
2/24/19; 7:00 PM EST = +87; signal line is +49

Monday, February 25, 2019

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains on the long side.

3/3/19; 7:00 PM EST =
3/1/19; 10:00 AM EST =
2/28/19; 7:00 PM EST EOM =
2/26/19; 10:00 AM EST =
2/26/19; 9:00 AM EST =
2/24/19; 7:00 PM EST = +87; signal line is +49
2/19/19; 9:49 AM EST = +87; signal line is +47
2/19/19; 9:36 AM EST = +71; signal line is +44
2/17/19; 7:00 PM EST = +87; signal line is +42
2/15/19; 10:00 AM EST = +87; signal line is +39
2/15/19; 9:36 AM EST = +84; signal line is +36
2/13/19; 3:44 PM EST = +56; signal line is +33
2/13/19; 3:15 PM EST = +70; signal line is +32
2/13/19; 11:20 AM EST = +56; signal line is +31
2/13/19; 9:39 AM EST = +70; signal line is +30
2/12/19; 9:43 AM EST = +56; signal line is +28
2/10/19; 7:00 PM EST = +42; signal line is +25

Monday, February 11, 2019

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. On Friday at 11 AM EST, XLF came down to test the 25.34-25.36 Keybot called out ahead of time, and bounced, so you knew the bears did not have the gusto to take stocks lower. Utilities continue higher.

2/17/19; 7:00 PM EST =
2/15/19; 10:00 AM EST =
2/10/19; 7:00 PM EST = +42; signal line is +25
2/7/19; 1:08 PM EST = +42; signal line is +24

Friday, February 8, 2019

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The bulls remain in control of the stock market with the algo number 18 points above the signal line. At lunch time yesterday, the bears were flexing their muscles but utilities ran higher supporting the stock market.

UTIL catapults higher to 736 creating market joy. Bears need UTIL below 729.72 today to create negativity and this number expires at 4 PM and is replaced with 724.85 for all of next week. Utes will tell you a lot about stock market strength. Bulls will be joyous going forward as long as UTIL remains above 730. If UTIL drops below 730, the stock market will noticeably weaken and if 725 is lost, which is key for all of next week, this portends more weakness for equities ahead. Utes are not only key in the very short term (VST) as described but also for predicting the intermediate term. Pay attention to those numbers as well as UTIL 713 which is the trap-door which may create a drastic drop (fee fall) in the stock market should it fail.

Bears will also benefit from weaker banks. Bears need XLF below 25.36 (now at 25.80) to create a strong leg lower in the stock market. If UTIL or XLF turn bearish, consider the imminent turn to the short side to be in play, and if the SPX then loses the 2687 level, Keybot will likely flip short

The bulls need the SPX above 2727.80 pronto (begins the Friday session at 2706). This is the demarcation line between a cyclical bull market and cyclical bear market. The bulls managed to poke above for a couple days but the bears smacked price back below so the stock market remains in a cyclical bear pattern going forward (weeks and months).

Bulls will also benefit from stronger commodities and a higher NYA index. Bulls need GTX above 2454.10 (now at 2388) and NYA above 12489 (now at 12295), respectively. You will know that the stock market rally has serious up legs if either SPX moves above 2727, GTX above 2454, and/or NYA above 12489.

The NYA 12489 is also a cyclical market signal so you can see the extreme importance of the SPX 2727-2728 and NYA 12489-12490 levels. These two parameters dictate whether the bulls or the bears will be happy for the weeks and months ahead. For now, both indicators say the US stock market is in a cyclical bear market pattern. Stock market bulls will throw confetti and sing songs if either SPX moves above 2727 or NYA above 12489. Bears rejoice if prices remain below these levelsThe beat goes on.

2/10/19; 7:00 PM EST =
2/7/19; 1:08 PM EST = +42; signal line is +24
2/7/19; 12:31 PM EST = +26; signal line is +23
2/7/19; 11:19 AM EST = +42; signal line is +21
2/7/19; 9:36 AM EST = +26; signal line is +19
2/6/19; 10:36 AM EST = +40; signal line is +18
2/6/19; 10:17 AM EST = +26; signal line is +16
2/5/19; 1:48 PM EST = +40; signal line is +15
2/5/19; 1:00 PM EST = +26; signal line is +13
2/5/19; 9:36 AM EST = +40; signal line is +12
2/3/19; 7:00 PM EST = +26; signal line is +11
2/1/19; 10:00 AM EST = +26; signal line is +11

Friday, February 1, 2019

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. Fed Chairman Powell flapped his dovish wings on Wednesday afternoon dropping money from the sky. The stock market catapults higher on central banker easy money as it has for a decade. Utilities flip to the bull side creating more upside momo in equities.

However, the 4.0% unemployment rate creates negativity in the Keybot model. This comes out of left field. The algo signaled a healthy job market ahead in late 2010 nine years ago and that joy continued until today. An unhealthy job market going forward is not good news. A rising unemployment rate occurs in concert with an oncoming recession. It will take another 2 or 3 months to see what the story is. The sentiment data is weak which also creates negativity in the algorithm.

The bulls remain in control of the stock market with the algo number 15 points above the signal line. UTIL 729.72 is a key level for all of next week. Price is at 722 right now and went up to look at 729-730 late yesterday. The thieves are already sniffing out this level that Keybot called out before it occurred. Bulls will benefit greatly if UTIL moves above 729.72. Bears will receive downside fuel and send stocks lower if UTIL slips below 711.80.

Bears will also benefit from lower retail stocks, lower copper and higher volatility. Bulls will benefit from stronger commodities and a higher NYA Index. Bulls will also benefit greatly if the SPX overtakes the 2728 level. This will sound the joyous all-clear for stocks and the SPX 3000+ targets by the Wall Street analyst Einstein's may not look so silly after all. Bears must prevent the SPX from moving above 2728 with all their might. The stock market remains in a cyclical bear market as long as the SPX remains below 2728. The beat goes on.

2/3/19; 7:00 PM EST =
2/1/19; 10:00 AM EST = +26; signal line is +11
2/1/19; 9:00 AM EST = +30; signal line is +11
1/31/19; 7:00 PM EST EOM = +42; signal line is +11
1/30/19; 2:17 PM EST = +42; signal line is +11
1/29/19; 3:13 PM EST = +26; signal line is +10