STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls rule, however, the commodities and utilities remain in the bear camp. Traders believe in the Federal Reserve and other central banks that are goosing markets with easy money. The party is in full swing. The bulls are in charge with the algo number 35 points above the signal line. The jump in the banks creates more upside fuel.

The bears need the SPX below 2995 (starting the week, and June, at 3044) pronto or they will be slapped around day after day going forward. The bulls need to keep elevating the NYA day after day to keep the stock market rally going. Equities will roll over if the NYA index stalls and drops.

Utilities are important over the next two weeks. UTIL 839 is a key bull-bear line in the sand. Price is at 807 now after a big jump last week. If UTIL takes out 839 to the upside, the stock market is guaranteed to move far higher. If UTIL fades away and trades lower day after day, that is a very bad sign for the stock market. If UTIL rallies this week for a few days, and even into the following week, and teases that 839 level, but ultimately fails to attain the level, stalls, and begins dropping again, that is a very bad sign for the stock market. Both of the latter cases open up equities to a crash scenario. 

Keybot prints a pre-scheduled number this week on Friday morning before the opening bell. The bulls are in control happy to have the Fed on their left shoulder, printing money in the basement of the Eccles Building like madmen, and King Donnie on their right shoulder, promising coronavirus (COVID-19) vaccine cures in only a few weeks time. Virus, schmirus. Protests, schmotests. Recession, schmession. Traders and investors are convinced that the Fed can send the stock market higher forever always rewarding the wealthy class. There may be an interesting week ahead perhaps an epic and historic week.

6/7/20; 7:00 PM EST =

6/5/20; 9:00 AM EST =

5/31/20; 7:00 PM EST EOM = +7; signal line is -28

5/29/20; 10:00 AM EST = +7; signal line is -30

5/27/20; 12:16 PM EST = +7; signal line is -31

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls are beating the bears senseless. Banks popped and the SPX went above 3K never looking back. The bulls are in charge with the algo number 38 points above the signal line.

This morning's selloff was created by weakness in copper and the SPX falling back below the critical 2994 level. By munch time, copper and the SPX were back in the bull camp.

The bulls need stronger utilities, commodities and NYA index to continue the rally. Bulls need to push the NYA above 12365 (now at 11838) to prove that the rally is real and has strong legs higher. If NYA turns bullish, stocks will not look back; they will rocket launch straight vertical.

Conversely, if the SPX loses 2994 (now at 3036 to start the Thursday session) and remains below, the stock market party is likely over for the rest of the year, and bad things will happen to stocks going forward. Likewise, if CPER loses 14.94 (now at 15.08), the stock market rally immediately ends. This represents a -0.9% drop in copper futures so keep an eye on the red metal overnight.

The quant will likely hesitate at going short even if both CPER loses 14.94 and the SPX drops under 2994. However, if  both of these parameters turn bearish and you start to see one of the parameters, or both, oscillating above and below their critical bull-bear levels listed above, the model is likely getting ready to go short.

Keybot prints a pre-scheduled number on Friday. May trading ends this week (EOM) and June trading begins on Monday.

5/31/20; 7:00 PM EST EOM =

5/29/20; 10:00 AM EST =

5/27/20; 12:16 PM EST = +7; signal line is -31

5/27/20; 11:51 AM EST = -9; signal line is -32

5/27/20; 10:38 AM EST = -23; signal line is -32
5/27/20; 9:55 AM EST = -9; signal line is -32
5/26/20; 3:57 PM EST = +7; signal line is -33

5/26/20; 3:46 PM EST = -7; signal line is -36

5/26/20; 10:00 AM EST = +7; signal line is -38

5/26/20; 9:36 AM EST = +7; signal line is -40

5/24/20; 7:00 PM EST = -23; signal line is -43

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The algorithm was quiet last week only printing two numbers and one was the pre-scheduled number. The bulls took the ball out of the gate last Monday and have been in control of the stock market ever since. S&P futures are up over +50 about 6 hours before the US opening bell for the Tuesday session. More vaccine hype to combat the coronavirus (COVID-19), like last Monday, pumps stocks higher. Technically, copper is being goosed which creates the rise in futures (on thin trading).

Bulls need stronger banks to continue the upside move in equities. Bulls need XLF above 22.61 (now at 21.92). The directional move will tell a lot; simply watch to see if the banks are moving higher or lower. Most importantly, the bulls need the SPX above 2989 to signal the all-clear for the stock market for the weeks and months ahead (cyclically). The SPX starts at 2955 so if the futures hold, this critical 2989 will be taken out at the opening bell so watch to see if the bulls can hold the 2989 level. SPX 2989 will tell you a lot about the stock market going forward. Bears will ultimately win if the S&P 500 cannot move back above 2989. Bulls win going forward if the SPX takes out 2989.

Bears need higher volatility to beat back the bulls. Copper is pumped higher giving the bulls the upper hand. Bears need VIX above 33.25 (now at 27.92) to stop any upward movement in stocks.

Keybot prints a pre-scheduled number this morning also one on Friday morning and the EOM for trading is this Friday. May ends and June trading begins on Monday.

5/31/20; 7:00 PM EST EOM =

5/29/20; 10:00 AM EST =

5/26/20; 10:00 AM EST =

5/24/20; 7:00 PM EST = -23; signal line is -43

5/19/20; 9:00 AM EST = -23; signal line is -44

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The quant is quiet this week only  printing the number out of the gate on Monday, during the rally orgy, and then the pre-scheduled number on Tuesday morning. The bulls remain in charge with the algo number 21 points above the signal line. The chop suey markets continue; up, down, up, down, day after day chewing-up bulls and bears.

The bulls win if they push the SPX above 2989 (now at 2949). Thus, 40 handles of upside and the stock market will then accelerate higher like a rocket ship.

The bears need weaker copper and higher volatility to turn the stock market south. Bears need CPER below 14.95 (now at 15.31). This represents a -2.4% drop in copper futures. Interestingly, copper is currently trading down -2.1% about 4 hours before the opening bell for the regular US trading session. Keep pushing bears; you are almost there. Bears need the VIX above 33.26 (now at 30.55) which will immediately create notable stock market weakness.

It's a straightforward path ahead. If the SPX moves above 2989, the stock market is headed to new record highs. If CPER falls below 14.95, and/or the VIX moves above 33.26, either one will do, the upside rally in equities is over immediately, and stocks will begin to languish and weaken. If both parameters turn bearish, Keybot will likely flip short. The caution flag is out since copper is crumbling this morning.

If the SPX remains below 2989, CPER above 14.95 and the VIX below 33.26, status quo, stocks will bump along sideways until one of these parameters flinch.

US markets are closed on Monday for the Memorial Day holiday. The table is set. Into the holiday weekend, the bulls are hoping to jam the S&P 500 higher since higher prices are going to lead to higher prices. Bears are beating Dr Copper into unconsciousness with a baseball bat while at the same time trying to release the VIX beachball from under the water where it is held down by the Federal Reserve and other global central bankers.

5/24/20; 7:00 PM EST =

5/19/20; 9:00 AM EST = -23; signal line is -44

5/18/20; 9:36 AM EST = -23; signal line is -45

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as the bulls come out to play to begin the week. Traders are bulled-up on central banker money-printing infinity and news hits that a virus vaccine appears promising. The bulls bounce copper to create the big rally. The banks also contribute but fell short of what they need to provide more upside juice for stocks.

The bulls will keep the upside party going in equities if they push XLF above 22.56 (now at 22.13) so watch the pre-market to see if a +1.9% gain is showing for XLF, or not. Bulls will also ride the victory train if the SPX prints above 2990 (now at 2954). The degree of stock market rally is dictated by the banks and S&P 500 index. If one of the parameters flip bullish, another big leg up will occur for stocks. If both parameters turn bullish, there will be no stopping the bulls; equities will begin running towards all-time highs. If XLF or SPX is unable to attain these bull-bear line in the sand targets, stocks will flatten, deflate and move sideways to sideways lower.

Bears need higher volatility and weaker copper and chips. You can watch these sectors and factor their behavior into the overall stock market direction.

The bulls are puffing their chests out extremely confident that the sky is the limit for stocks. Rich Uncle Fed is always there to provide bail money, er bailout money, so the bulls figure there is no need to worry about stocks ever going down. The bulls are in charge with the algo number 22 points above the signal line.

Keybot prints a pre-scheduled number tomorrow. Pay attention to Housing Starts since it is one of the top economic numbers each month on par with the Monthly Jobs Report.

5/24/20; 7:00 PM EST =

5/19/20; 9:00 AM EST =

5/18/20; 9:36 AM EST = -23; signal line is -45
5/17/20; 7:00 PM EST = -39; signal line is -46

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips back to the bull side on Friday afternoon at SPX 2858. The choppy price action continues. Chop suey. The bulls are in control but the algo number is only 7 points above the signal line. The three key parameters controlling broad stock market direction currently are copper, volatility and chips. The bulls jammed the VIX lower, which is the Fed's jackboots on the throat of volatility, to pump stocks higher and it worked. Chips and volatility are in the bull camp creating the upside juice and the bulls are now gunning for copper.

Bulls need CPER above 14.92 (now at 14.85). Copper futures are higher out of the gate this evening. Bears need either the VIX above 32.49 (now at 31.89) and/or SOX below 1666 (now at 1701); the infamous trip 6's. Since volatility was the last parameter that caused the algo to flip long, watch VIX 32.49 like a hawk. If the VIX jumps back into the bear camp, the bears likely still need a 47-point drop in the SPX to get the model to flip short. Simply watch the direction of copper, volatility and semiconductors since that tells you the direction of the stock market.

On the last trade, a day and one-half trade, the algo program gains a half percent and the actual trading gains +1.3% due to the drop in small caps. For the year thus far, the S&P 500 is down -12% and the actual trading generated by Keybot is down -4%. The whipsaw moves are chewing up bulls and bears. Keybot exited RWM and entered IWM.

Keybot prints a pre-scheduled number on Tuesday morning. Markets are closed for Memorial Day, next Monday, a week from now, on 5/25/20. S&P futures catapult +22 points higher on Sunday evening in the states. Oil is up +3%. Copper +0.8%. Watch copper.

5/24/20; 7:00 PM EST =

5/19/20; 9:00 AM EST =

5/17/20; 7:00 PM EST = -39; signal line is -46

5/15/20; 2:02 PM EST = -39; signal line is -46; go long 2858; (Benchmark SPX for 2020 = -11.5%)(Keybot algo this trade = +0.4%; Keybot algo for 2020 = +2.6%)(Actual trading results this trade = +1.3%; Actual trading results for 2020 = -3.8%)

5/15/20; 1:06 PM EST = -39; signal line is -46 but algorithm remains short

5/15/20; 10:28 AM EST = -53; signal line is -46

5/15/20; 10:17 AM EST = -39; signal line is -46 but algorithm remains short

5/15/20; 10:00 AM EST = -53; signal line is -45
5/15/20; 6:02 AM EST = -53; signal line is -44

5/15/20; 3:15 AM EST = -39; signal line is -43 but algorithm remains short

5/14/20; 10:44 AM EST = -53; signal line is -43

5/14/20; 9:54 AM EST = -69; signal line is -43

5/13/20; 10:58 AM EST = -53; signal line is -42

5/13/20; 5:13 AM EST = -39; signal line is -42 but algorithm remains short

5/13/20; 5:03 AM EST = -53; signal line is -42

5/13/20; 4:21 AM EST = -39; signal line is -41 but algorithm remains short

5/12/20; 3:59 PM EST = -53; signal line is -41; go short 2870; (Benchmark SPX for 2020 = -11.2%)(Keybot algo this trade = -0.6%; Keybot algo for 2020 = +2.2%)(Actual trading results this trade = -0.4%; Actual trading results for 2020 = -5.1%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short late Tuesday at SPX 2870. On Monday, copper collapsed which started the negativity. Then, on Tuesday afternoon volatility began spiking creating the bear move. Overnight, the bulls were trying to jam volatility lower but failed. The central banker jack boots slipped off the neck of volatility. It is difficult to keep the VIX beachball underwater. Mix in negativity with Fed Chairman Powell's worrisome remarks this morning and Dr Fauci, who leads the Whitehouse coronavirus (COVID-19) medical team, opining doom and gloom, and you have a market bleeding red. Hedge fund guru David Tepper is negative on the market and that is a shocker. His calls carry weight and many hit the sell button today simply due to Tepper's negativity. He's been Mister Bull since QE1 in March 2009 which started the decade-long stock market rally to protect the wealthy class.

The bears are in control with the algo number only 11 points below the signal line. Volatility and copper are creating the stock market negativity while chips are keeping the bulls hopes alive.

Bears need SOX below 1663 (now at 1685) to create another huge leg lower in stocks. Bulls need either VIX below 32.58 (now at 37.13) and/or CPER above 14.92 (now at 14.73). Currently, into the closing bell, it looks like a standoff and both sides agree to go home and come back tomorrow to battle it out.

On the last trade that ran for only 3 days, the algo program and actual trading each lose a half percent. The benchmark S&P 500 is down -11% this year. The actual trading generated by Keybot the Quant is down -5% this year. The quant exits DIA and enters RWM. The choppy, sloppy, whipsaw price action continues chewing up bulls and bears alike. Chop. Chop. Chop. Chop suey.

Watch the chips. If SOX gives up the ghost, it is over for stocks. If the semiconductors rally, the bears will be slapped in the face again. All that is heard is the sound of silence as traders await the overnight move in global chip companies.

5/17/20; 7:00 PM EST =

5/15/20; 10:00 AM EST =

5/13/20; 10:58 AM EST = -53; signal line is -42

5/13/20; 5:13 AM EST = -39; signal line is -42 but algorithm remains short

5/13/20; 5:03 AM EST = -53; signal line is -42

5/13/20; 4:21 AM EST = -39; signal line is -41 but algorithm remains short

5/12/20; 3:59 PM EST = -53; signal line is -41; go short 2870; (Benchmark SPX for 2020 = -11.2%)(Keybot algo this trade = -0.6%; Keybot algo for 2020 = +2.2%)(Actual trading results this trade = -0.4%; Actual trading results for 2020 = -5.1%)

5/11/20; 10:54 AM EST = -39; signal line is -41

5/10/20; 7:00 PM EST = -23; signal line is -41

5/8/20; 9:00 AM EST = -23; signal line is -42

5/7/20; 9:30 AM EST = -23; signal line is -43; go long 2887; (Benchmark SPX for 2020 = -10.7%)(Keybot algo this trade = -1.1%; Keybot algo for 2020 = +2.8%)(Actual trading results this trade = -3.0%; Actual trading results for 2020 = -4.7%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the bulls sing happy songs. The bulls remain in control of the stock market with the algo number 18 points above the signal line. Copper explodes higher last week as investors believe that the global economy will snap back quickly from the coronavirus (COVID-19) tragedy.

Same dealio as the previous message. The bears must jam volatility higher or they will keep folding like a cheap suit. Bears need VIX above 31.69 (now at 27.98). The VIX prints in the 20's and drops sub 28 creating the upside orgy on Friday. Bulls will run the stock market show going forward in the short term as long as the VIX remains under 31.69.

Bulls need to keep jamming volatility lower; it obviously helps that the Federal Reserve and other global central bankers will maintain their jackboots on the throat of the VIX keeping it pinned to the ground and moving lower. Bulls need the SPX above 2987 and XLF above 23.03 to continue and firmly verify the rally. The banks need to rally to send the stock market higher. XLF begins the new week of trading at 22.29 so it has some work to do to help the bulls. If the financials rally, that will be hand and hand with the S&P 500 rallying higher.

The importance of the SPX 2987 bull-bear line in the sand cannot be overstated. SPX 2987 dictates whether the stock market will remain in a bear market pattern for the weeks and months, and perhaps a few years, ahead, or, if equities will receive the all-clear signal and it will be as if the virus stuff never happened. SPX 2987 tells you this answer. The S&P 500 begins at 2930.

If the VIX remains bullish and the SPX and XLF bearish, status quo, stocks will chop sideways with a slight upward bias.

As mentioned previously, if you see the VIX move above 31.69 for a while, then back below for a while, then back above for a while, then back below for a while, you get the idea, jog moves intraday, that tells you the model is gearing up to probably flip short. Thus, VIX 31.69 tells you what you need to know about market direction and keep an eye on SPX 2987 since it is a complete game-changer if it occurs. Bears will rule the stock market going forward this year, in the intermediate and long-term, for the weeks and months ahead, as long as the SPX remains below 2987.

Keybot prints a pre-scheduled number this week on Friday morning shortly after the opening bell. The bulls now place their future hopes and dreams in the hands of the banks and insurance companies. The bears keep trying to punch the VIX beachball free from the central banker's crushing grasp. If the VIX pops above 31.69, consider the imminent turn to the short side to be immediately in play.

5/17/20; 7:00 PM EST =

5/15/20; 10:00 AM EST =

5/10/20; 7:00 PM EST = -23; signal line is -41

5/8/20; 9:00 AM EST = -23; signal line is -42

5/7/20; 9:30 AM EST = -23; signal line is -43; go long 2887; (Benchmark SPX for 2020 = -10.7%)(Keybot algo this trade = -1.1%; Keybot algo for 2020 = +2.8%)(Actual trading results this trade = -3.0%; Actual trading results for 2020 = -4.7%)

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips to the long side after yesterday's opening bell at SPX 2887. The lower volatility sealed the deal for the bulls. The VIX collapses below 31.74 and has not looked back, currently trading at the 30.03 palindrome, sending the stock market higher. S&P futures are up +29 points about 3 hours before the US Monthly Jobs Report and 4 hours in front of the Friday opening bell.

The rally the last few days is fueled by stronger tech (chips) and copper and lower volatility; a triple-whammy of bullish joy. The bulls will need stronger banks and commodities to continue the fun. Financials are uninspiring so the bulls may try to push oil, wheat, corn, gold, etc.., higher to create further stock market lift.

The bears need to weaken the chips and copper while boosting volatility. Bears need SOX below 1640, CPER below 14.83 (a -0.6% drop in copper futures which are currently trading up +1.6% slapping the bears in the face) and/or VIX above 31.74. Chips and copper are tough targets for the bears to reach quickly so it appears that the whole shooting match rides on volatility. Bulls win big with the VIX sub 31.74, and win huge with a 30 handle, and will display an upside market orgy so obscene that it would make Caligula blush if the VIX prints in the 20's. The stock market will fall apart if the VIX moves above 31.74.

The bears likely need 2 of the 3 parameters to flip bearish for the quant to flip short. Thus, watch to see if copper or the semiconductors perform an about-face today which will tell you the internals of the market are likely deteriorating. If the chips and copper remains happy and in the bull camp, the bears got nothing, and the bulls will be partying like its 1999, as Prince would sing.

On the last trade that ran only 5 trading days, the algo program loses a percent but the actual trading loses -3% due to the PSQ ETF which is tech-heavy (and it is a 1x non-leveraged ETF). Keybot exits PSQ and enters DIA. The benchmark S&P 500, which is the United States stock market, is down -11% on the year. The Keybot the Quant actual trading is down about -5% on the year. The choppy sideways whipsaw price action continues. Chop, chop, chop. Chop-suey.

The US Monthly Jobs Report is imminent with the largest job loss in history expected at least since WW II or the Great Depression. Bad news is expected so perceptions are all that matters. Simply watch VIX 31.74 since it tells you everything you need to know about stock market direction today. If VIX turns bearish, the caution flag will be out and if copper or the chips turn bearish, the imminent turn to the short side will be in play. Also watch the behavior of volatility. If the VIX overtakes 31.74, then after a bit drops back below, then after a bit back above, etc..., that will tell you that the bears are setting up things behind the scenes to flip the model short again.

5/10/20; 7:00 PM EST =

5/8/20; 9:00 AM EST =

5/7/20; 9:30 AM EST = -23; signal line is -43; go long 2887; (Benchmark SPX for 2020 = -10.7%)(Keybot algo this trade = -1.1%; Keybot algo for 2020 = +2.8%)(Actual trading results this trade = -3.0%; Actual trading results for 2020 = -4.7%)

5/7/20; 5:38 AM EST = -23; signal line is -43 but algorithm remains short

5/6/20; 9:36 AM EST = -37; signal line is -45 but algorithm remains short

5/4/20; 3:12 PM EST = -53; signal line is -46

5/4/20; 12:38 PM EST = -69; signal line is -45

5/4/20; 9:53 AM EST = -53; signal line is -44

5/4/20; 9:36 AM EST = -69; signal line is -45

5/3/20; 7:00 PM EST = -53; signal line is -44

5/1/20; 9:41 AM EST = -53; signal line is -44; go short 2855; (Benchmark SPX for 2020 = -11.6%)(Keybot algo this trade = +2.0%; Keybot algo for 2020 = +3.9%)(Actual trading results this trade = +2.2%; Actual trading results for 2020 = -1.7%)

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

Keybot the Quant remains short but is champing at the bit to go long. The algo number is above the signal line but the internal parameters will not yet fully latch to permit the move. The bulls pumped copper higher yesterday to create stock market joy. Generally, if the SPX moves above 2891, Keybot will likely flip long. The SPX will begin the US trading session in 5 hours at 2848. Thus, the bulls need 43 upside points. The S&P futures are currently up +34 so the bulls are knocking at the door.

The problem for the bulls is that a slow gradual move higher would be far better than a gap-up open. If the gap-up open occurs, it will likely trigger a gap timer that prevents Keybot from flipping until about 90 minutes has passed. So the price action around 11 AM EST today may be interesting to watch.

As mentioned, the bulls need SPX 2891 and higher to flip the model long. Lower volatility would also help. Bulls need the VIX below 31.80 to prove and verify that they can take stocks higher.

Bears need to prevent SPX 2891 and they will be fine. Bears need to pull copper back into their camp and they will try to pull CPER below 14.83 which represents about a -0.666% drop in copper futures; which are currently up +1.1%. The big show is on tap tomorrow morning with the jobs report.

5/10/20; 7:00 PM EST =

5/8/20; 9:00 AM EST =

5/6/20; 9:36 AM EST = -37; signal line is -45 but algorithm remains short

5/4/20; 3:12 PM EST = -53; signal line is -46

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

Keybot the Quant remains short. The stock market bounced strongly yesterday but faded into the closing bell. Status quo. Copper is in the bear camp and chips and retail stocks (think AMZN) are in the bull camp. Markets chop sideways perhaps waiting for the Friday morning US Monthly Jobs Report circus which will show Depression-level unemployment.

The quant was active on Monday printing 4 numbers with the bears remaining in control. Stock market direction is currently controlled by copper, volatility and semiconductors.

Bears need weaker chips. Bears need SOX below 1640 (now at 1690) to start wreaking market havoc. As long as the bulls keep the semi's in their camp, the bears got nothing.

Bulls need stronger copper and lower volatility. Bulls need CPER above 14.85 (now at 14.76) and VIX below 31.80 (now at 32.40). VIX is trading now on hump day morning trending slightly lower. The VIX is only a whisker away from rewarding the bulls with a euphoric big-time rally. The move higher in CPER corresponds to a +0.6% increase in copper futures which are currently trading up +0.8%. The bulls will flip copper bullish and set up the quant to go long if this pattern remains in place for the next 4 or 5 hours (into the US opening bell for the regular trading session). 

If CPER moves above 14.85, or VIX below 31.80, either parameter will do, and if the SPX moves above 2898, trending higher, starting the session at 2868, Keybot will likely flip long, hence the imminent turn notation is in the title line. S&P futures were up nearly +30 a couple hours ago and are currently up +22. Thus, you see that the bulls want to spike copper to give the stock market enough oomph that the S&P 500 will move above 2898, call it 29 hundo, which will light the afterburners. The VIX would then surely drop sub 31.80 further igniting the afterburners sending the stock market into bullish ecstasy. For today, to stop this bullish outcome, the bears simply have to prevent copper from moving higher, prevent volatility from moving any lower and above all prevent the SPX from overtaking 2898. The beat goes on.

5/10/20; 7:00 PM EST =

5/8/20; 9:00 AM EST =

5/4/20; 3:12 PM EST = -53; signal line is -46

5/4/20; 12:38 PM EST = -69; signal line is -45

5/4/20; 9:53 AM EST = -53; signal line is -44

5/4/20; 9:36 AM EST = -69; signal line is -45

5/3/20; 7:00 PM EST = -53; signal line is -44

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short on Friday morning at SPX 2855. The stock market (SPX) mini-crashed to end the week losing nearly -3% during the Friday session. The banks and copper failed last week creating the market turmoil. Chips also weaken which sent the overall stock market lower.

The bulls need stronger copper to regain the upper hand. The bears are in control of the stock market with the algo number 9 points below the signal line. Bears must pull the semiconductors and retail stocks into their camp to create further stock market selling.

Bulls need CPER above 14.90 (now at 14.55) which represents a +2.4% increase in copper futures, however, copper is currently trading down -0.8%.

Bears need SOX below 1639 (now at 1644) and/or RTH below 114 (now at 116). Either parameter failing into the bear camp will create another down leg in stocks. The stock market will take a big dive lower if both parameters fail. If copper remains in the bear camp, and chips and retail stocks remain in the bull camp, status quo, stocks will chop along sideways with a slight downward bias.

On the last trade that ran for 7 trading days, the Keybot algorithm and the actual trading each gain a couple percent. The S&P 500 benchmark index is down -12% on the year. The actual trading generated by the quant is down -2% on the year thus far. Keybot exited QQQ and entered PSQ remaining in 1x ETF's due to the current whipsaw nature of markets.

Keybot prints a pre-scheduled number on Friday morning before the opening bell for the regular session. S&P futures are down -13 points 6-1/2 hours before the regular Monday trading session in the states. Copper, chips and retail stocks are controlling stock market direction currently.

5/10/20; 7:00 PM EST =

5/8/20; 9:00 AM EST =

5/3/20; 7:00 PM EST = -53; signal line is -44

5/1/20; 9:41 AM EST = -53; signal line is -44; go short 2855; (Benchmark SPX for 2020 = -11.6%)(Keybot algo this trade = +2.0%; Keybot algo for 2020 = +3.9%)(Actual trading results this trade = +2.2%; Actual trading results for 2020 = -1.7%)
5/1/20; 9:36 AM EST = -53; signal line is -44 but algorithm remains long
4/30/20; 7:00 PM EST EOM = -37; signal line is -44
4/30/20; 2:31 PM EST = -37; signal line is -44
4/30/20; 12:35 PM EST = -53; signal line is -44 but algorithm remains long
4/30/20; 9:36 AM EST = -37; signal line is -45
4/29/20; 10:53 AM EST = -21; signal line is -45
4/29/20; 10:09 AM EST = -37; signal line is -47
4/29/20; 9:50 AM EST = -21; signal line is -47
4/28/20; 3:31 PM EST = -37; signal line is -49
4/28/20; 1:11 PM EST = -53; signal line is -49 but algorithm remains long

4/28/20; 12:46 PM EST = -37; signal line is -49

4/28/20; 11:09 AM EST = -53; signal line is -49 but algorithm remains long

4/28/20; 10:00 AM EST = -37; signal line is -48

4/27/20; 3:59 PM EST = -28; signal line is -49
4/26/20; 7:00 PM EST = -44; signal line is -49

4/24/20; 10:00 AM EST = -44; signal line is -50

4/22/20; 12:42 PM EST = -44; signal line is -51; go long 2798; (Benchmark SPX for 2020 = -13.4%)(Keybot algo this trade = -1.6%; Keybot algo for 2020 = +1.9%)(Actual trading results this trade = -3.2%; Actual trading results for 2020 = -3.9%)