STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls are in control.

6/16/19; 7:00 PM EST =
6/14/19; 10:00 AM EST =

6/10/19; 9:38 AM EST = +56; signal line is +4

6/9/19; 7:00 PM EST = +40; signal line is +3

6/7/19; 9:51 AM EST = +40; signal line is +2

6/7/19; 9:00 AM EST = +24; signal line is 0

6/4/19; 3:09 PM EST = +24; signal line is -1

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips to the long side on Tuesday at SPX 2788. Federal Reserve Chairman Powell promises easy money forever and the stock market catapults higher. The central bankers are the market. Banks leap higher.

The bulls need to keep XLF above 26.78 (now at 26.89) to keep the upside party going in the stock market. The bears need to push XLF below 26.78 which will immediately stop the stock market rally.

On the last trade, the Keybot program gains +1.5%. The actual trading gains +1.3% and is up over +19% on the year thus far outperforming the SPX; the benchmark S&P 500 is up +11.2% this year. Keybot exits RWM and enters QQQ.

6/9/19; 7:00 PM EST =

6/7/19; 10:00 AM EST =

6/4/19; 3:09 PM EST = +24; signal line is -1

6/4/19; 2:13 PM EST = +8; signal line is -1

6/4/19; 2:04 PM EST = +24; signal line is -2

6/4/19; 1:16 PM EST = +8; signal line is -2

6/4/19; 12:53 PM EST = +24; signal line is -3

6/4/19; 12:45 PM EST = +8; signal line is -3

6/4/19; 12:38 PM EST = -6; signal line is -2 but algorithm remains long

6/4/19; 12:07 PM EST = +8; signal line is -1

6/4/19; 11:48 AM EST = +24; signal line is +1

6/4/19; 11:35 AM EST = +8; signal line is +1; go long 2788; (Benchmark SPX for 2019 = +11.2%)(Keybot algorithm program this trade = +1.5%; Keybot algo for 2019 = +8.6%)(Actual results this trade = +1.3%; Actual trading results for 2019 = +19.4%)

6/4/19; 11:32 AM EST = +8; signal line is +3 but algorithm remains short

6/4/19; 11:03 AM EST = -6; signal line is +4

6/4/19; 10:46 AM EST = -20; signal line is +6

6/4/19; 10:32 AM EST = -6; signal line is +8

6/2/19; 7:00 PM EST EOM = -20; signal line is +10

5/31/19; 10:00 AM EST = -20; signal line is +12
5/31/19; 9:36 AM EST = -20; signal line is +15

5/30/19; 3:51 PM EST = -6; signal line is +17
5/30/19; 3:41 PM EST = -20; signal line is +18

5/29/19; 3:40 PM EST = -6; signal line is +19

5/29/19; 1:53 PM EST = -20; signal line is +21

5/29/19; 1:10 PM EST = -6; signal line is +23
5/29/19; 11:20 AM EST = -20; signal line is +24
5/28/19; 3:59 PM EST = -6; signal line is +27

5/28/19; 10:00 AM EST = +8; signal line is +29

5/26/19; 7:00 PM EST = +8; signal line is +31

5/23/19; 3:24 PM EST = +8; signal line is +32

5/23/19; 2:34 PM EST = -6; signal line is +33

5/23/19; 2:26 PM EST = +8; signal line is +34

5/23/19; 2:13 PM EST = -6; signal line is +35

5/23/19; 1:28 PM EST = +8; signal line is +37

5/23/19; 1:19 PM EST = -6; signal line is +38

5/23/19; 9:36 AM EST = +8; signal line is +40

5/23/19; 9:30 AM EST = +38; signal line is +41; go short 2829; (Benchmark SPX for 2019 = +12.8%)(Keybot algorithm program this trade = -1.1%; Keybot algo for 2019 = +7.1%)(Actual results this trade = -1.4%; Actual trading results for 2019 = +18.1%)

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the new week of trading begins. The bears are running the show with the algo number 30 points below the signal line. The stock market direction ahead can be boiled down to a battle between the SPX index and utilities.

Bears need UTIL below 760 (now at 784) which will usher in market carnage. If the 760 fails, that is bad enough, but if 742 fails, that opens a potential trap-door for equities and the US stock market may crash.

Bulls must keep UTIL elevated with all their might and at the same time push the SPX index above 2779-2782 as soon as possible (the week begins at 2752) to end the market selling. So bulls need 30 spoo's and S&P futures are trading down -12 about 6-1/2 hours before the opening bell for the US session.

If SPX remains below the key 2779-2782 (creating market weakness), and UTIL remains above 760 (creating market lift), status quo, the stock market will chop sideways with a slight downward bias.

The bulls will prove they can stop the selling and create a rally if they keep utilities elevated, push the SPX above 2779-2782, push NYA above 12470 and push VIX below 14.83. All these parameters directly impact stock market direction. If any one of the SPX, NYA and VIX parameters flip bullish, consider the caution flag out. If 2 of the 3 flip bullish, consider the imminent turn to the long side to be in play for Keybot the Quant.

The VIX begins trading and pops to 19.41. S&P futures -17. Keybot prints one pre-scheduled number this week on Friday morning. The beat goes on.

6/9/19; 7:00 PM EST =

6/7/19; 10:00 AM EST =

6/2/19; 7:00 PM EST EOM = -20; signal line is +10

5/31/19; 10:00 AM EST = -20; signal line is +12

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short printing a couple numbers on Thursday and a couple more on Friday including the pre-scheduled number. The bears remain in control with the algo number 32 points below the signal line.

Commodities tank bigtime hinting that a disinflationary and deflationary vibe is in play (think recession). The SPX lost the critical 2779-2782 level so it was lights out. Goodnight Irene, Irene goodnight.

The utilities are the last man standing. Bears would be in better shape if the utes rolled over ahead of the broad stock market. Utilities have been soft during the market softness but do not show the weakness expected that would lead to a multi-month decline for the broad stock market. Bears need the utes to collapse asap. Utes are holding up due to the drop in rates.

Bears will need weaker utilities to create market carnage and open the door to a potential crash scenario. Bulls need to keep utes elevated and jam the SPX above the 2779-2782 level as soon as possible. Each hour, each day, the S&P 500 remains below 2779 is another nail in the bull's long-term (weeks and months ahead) coffin.

The SPX loses -6.6% in May. Ouch. What a beating. That's gonna leave a mark.

6/2/19; 7:00 PM EST EOM =

5/31/19; 10:00 AM EST = -20; signal line is +12

5/31/19; 9:36 AM EST = -20; signal line is +15
5/30/19; 3:51 PM EST = -6; signal line is +17
5/30/19; 3:41 PM EST = -20; signal line is +18
5/29/19; 3:40 PM EST = -6; signal line is +19