Wednesday, December 4, 2019

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips to the bull side this morning at SPX 3104 at the opening bell. The bulls jam volatility lower and copper and commodities higher turning the tables on the bears; a trifecta of bullish joy. Today's positive price action is a mirror-image of yesterday's negative behavior. The bulls are in full control with the algo number 37 points above the signal line.

President Trump says the US-China trade talks are going well. Yesterday he said a deal would not occur until after the November 2020 elections. The Barnum & Bailey showman jerks the stock market to and fro with his daily news embellishments. This morning's sound bites send futures and stocks up, up and away.

The bulls are driving the bus partying like its 1999. The bears need either CPER below 16.59, GTX below 2448 and/or VIX above 15.11. Any one of the three will stop the stock market upside. If all three remain bullish, the stock market moves sideways to sideways higher going forward. Watch copper. As copper goes, so goes the market.

On the last trade, that ran only four days, the algo program gains over +1% and the actual trading gains nearly +3%. The benchmark SPX is up +24% this year and the actual trading return generated by Keybot is up +43% this year. Keybot exits QID and enters QLD remaining in 2x leveraged ETF's. Markets are very erratic and unstable so expect the unexpected.

12/8/19; 7:00 PM EST =
12/6/19; 10:00 AM EST =
12/6/19; 9:00 AM EST =
12/4/19; 9:36 AM EST = +88; signal line is +51
12/4/19; 9:30 AM EST = +58; signal line is +51; go long 3104; (Benchmark SPX for 2019 = +23.8%)(Keybot algorithm program this trade = +1.2%; Keybot algo for 2019 = +20.6%)(Actual results this trade = +2.8%; Actual trading results for 2019 = +42.8%)
12/4/19; 9:03 AM EST = +58; signal line is +53 but algorithm remains short
12/4/19; 8:02 AM EST = +44; signal line is +53
12/4/19; 7:22 AM EST = +58; signal line is +54 but algorithm remains short
12/3/19; 3:52 PM EST = +44; signal line is +55
12/3/19; 3:45 PM EST = +28; signal line is +56
12/3/19; 3:27 PM EST = +44; signal line is +58
12/3/19; 3:25 PM EST = +28; signal line is +59
12/3/19; 1:57 PM EST = +12; signal line is +60
12/3/19; 1:27 PM EST = +28; signal line is +63
12/3/19; 10:39 AM EST = +12; signal line is +65
12/3/19; 10:29 AM EST = +28; signal line is +67
12/3/19; 10:23 AM EST = +44; signal line is +70
12/3/19; 10:21 AM EST = +28; signal line is +71
12/3/19; 9:54 AM EST = +12; signal line is +73
12/3/19; 9:43 AM EST = +28; signal line is +75
12/3/19; 9:36 AM EST = +44; signal line is +78
12/3/19; 5:17 AM EST = +60; signal line is +79
12/2/19; 11:25 AM EST = +74; signal line is +80
12/2/19; 11:11 AM EST = +60; signal line is +80
12/2/19; 10:07 AM EST = +74; signal line is +80
12/2/19; 9:36 AM EST = +88; signal line is +81 but algorithm remains short
12/1/19; 7:00 PM EST EOM = +74; signal line is +81
11/29/19; 12:42 PM EST = +74; signal line is +81; go short 3142; (Benchmark SPX for 2019 = +25.3%)(Keybot algorithm program this trade = +0.3%; Keybot algo for 2019 = +19.4%)(Actual results this trade = +0.6%; Actual trading results for 2019 = +40.0%)

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