STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long and the algorithm remains active this week. The bulls are in charge with the algo number 36 points above the signal line. The Shiny Happy People keep buying stocks with reckless abandon. Chips and retail stocks are pumped higher to created the buoyant stock market.

For bulls to keep moving higher, they need stronger utilities. Bulls have their chests puffed-out since most parameters are in the bull camp and the happy sentiment is strong and euphoric.

Bears need weaker chips, retail stocks and utilities while pushing volatility higher. Bears likely need at least 3 of the 4 to flip into the bear camp to flip Keybot short. Watch the SOX 2980 and RTH 157.45 lines in the sand. If they fail, it tells you the bears are growling and want to have another go at taking the market down. VIX 23.98 will also signal trouble ahead. VIX is trading at 22.50 a couple hours before the opening bell, only one handle away, with S&P futures down -16.

Keybot prints the pre-scheduled number this morning shortly after the opening bell. 

3/14/21; 7:00 PM EST =
3/12/21; 10:00 AM EST =
3/11/21; 11:04 AM EST = +64; signal line is +28
3/11/21; 9:36 AM EST = +48; signal line is +27
3/10/21; 3:19 PM EST = +32; signal line is +27
3/10/21; 2:39 PM EST = +48; signal line is +28
3/10/21; 10:03 AM EST = +32; signal line is +28
3/10/21; 9:53 AM EST = +48; signal line is +29
3/9/21; 10:03 AM EST = +32; signal line is +29; go long 3882; (Benchmark SPX for 2021 = +3.4%)(Keybot algo this trade = -0.9%; Keybot algo for 2021 = +4.0%)(Actual results this trade = -2.5%; Actual results for 2021 = +7.0%)