STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips back to the short side on Thursday afternoon at SPX 4349. The chop suey continues with markets unsure which way they want to break. The Fed keeps pumping. 

Banks and semiconductors are running the show. XLF above 36.60 and stocks recover. SOX below 3200 and another leg down in equities occurs.

On the last trade that ran for almost a week, the algo program and the actual trading generated by the quant is dead flat. On the year, the benchmark SPX is up almost +16%, the quant program is up +15% and the actual trading up +22%. Keybot exited SPY and entered SH.

7/16/21; 10:00 AM EST = +58; signal line is +63
7/16/21; 9:42 AM EST = +60; signal line is +64
7/15/21; 3:59 PM EST = +76; signal line is +64 but algorithm remains short
7/15/21; 1:32 PM EST = +60; signal line is +63; go short 4349; (Benchmark SPX for 2021 = +15.8%)(Keybot algo this trade = +0.0%; Keybot algo for 2021 = +15.0%)(Actual results this trade = +0.1%; Actual results for 2021 = +22.3%)
7/15/21; 10:02 AM EST = +76; signal line is +62
7/15/21; 7:35 AM EST = +46; signal line is +59 but algorithm remains long
7/14/21; 10:02 AM EST = +60; signal line is +59
7/13/21; 1:26 PM EST = +76; signal line is +58
7/13/21; 12:22 PM EST = +60; signal line is +55
7/13/21; 12:04 PM EST = +76; signal line is +54
7/13/21; 10:50 AM EST = +60; signal line is +53
7/11/21; 7:00 PM EST = +76; signal line is +52
7/9/21; 2:12 PM EST = +76; signal line is +51
7/9/21; 9:43 AM EST = +60; signal line is +50; go long 4345; (Benchmark SPX for 2021 = +15.7%)(Keybot algo this trade = -0.6%; Keybot algo for 2021 = +15.0%)(Actual results this trade = -1.9%; Actual results for 2021 = +22.2%)