Sunday, September 8, 2019


Keybot the Quant remains long. The bulls are in control with the algo number 42 points above the signal line. The VIX drops below the critical 15.74 bull-bear line in the sand, and even printed a 14-handle, so the bulls are throwing confetti in celebration. Volatility drops so stocks pop. The bulls win going forward as long as the VIX is below 15.74. The bears will begin to fight back if they can send the VIX above 15.74.

The stock market direction battle, aside from the volatility parameter above, is impacted by a copper versus commodities war. Bulls need GTX above 2428 to prove that up is the direction ahead for equities. Bears need CPER below 16.39 to stop the upside stock market rally. Since CPER begins the week at 16.43, only 4 pennies in the bull camp, as copper goes so goes the markets.

Copper futures will be trading overnight and provide the heads-up on US market direction for Monday. Ditto the VIX that begins trading at 3 AM EST.

Keybot prints one pre-scheduled number this week on Friday morning; Friday the 13th. Will that be an unlucky day for equities? Tuesday, 9/10/19, 91019, is a palindrome and sometimes interesting things happen on these numbers. Of course, Wednesday is 9-11 when radical Islamist's murdered 3K Americans 18 years ago. The beat goes on. 

9/15/19; 7:00 PM EST =
9/13/19; 10:00 AM EST =
9/8/19; 7:00 PM EST = +70; signal line is +28
9/6/19; 10:00 AM EST = +70; signal line is +26
9/6/19; 9:00 AM EST = +56; signal line is +23
9/5/19; 12:27 PM EST = +56; signal line is +22
9/5/19; 12:18 PM EST = +70; signal line is +21
9/5/19; 12:09 PM EST = +56; signal line is +18
9/5/19; 11:30 AM EST = +70; signal line is +17
9/5/19; 9:36 AM EST = +56; signal line is +15

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