STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short. The bulls rally the stock market on Friday after the jobs report. The Federal Reserve is expected to print more money so the party was on into the weekend. A happy NYA index and retail stocks send equities higher.

For the new week of trading, the bulls need stronger banks and lower volatility to win the day. Bulls need XLF above 27.55 and/or VIX below 15.97. Either parameter turning bullish will catapult stocks higher. If 1 of the 2 turn bullish, and the SPX is trending higher above 2954, Keybot will likely flip long, hence the imminent turn notation in the title line.

The bears need to keep the banks and volatility in the bear camp while at the same time flushing the NYSE Composite Index and retail stocks lower. Bears need NYA below 12710 and/or RTH below 112.70. Either parameter turning bearish will immediately stop the stock market relief rally and roll stocks over to the downside.

If all four parameters remain in their respective camps, the stock market will chop sideways with a slight downward bias. Keybot prints one pre-scheduled number this week on Friday morning.

10/13/19; 7:00 PM EST =

10/11/19; 10:00 AM EST =

10/6/19; 7:00 PM EST = +26; signal line is +32

10/4/19; 11:01 AM EST = +26; signal line is +33

10/4/19; 10:31 AM EST = +10; signal line is +34

10/4/19; 10:07 AM EST = +26; signal line is +36

10/4/19; 9:36 AM EST = +10; signal line is +37
10/4/19; 9:00 AM EST = -4; signal line is +39

10/3/19; 11:14 AM EST = -4; signal line is +41