STOCK MARKET BULLISH -- LONG

Keybot the Quant flips to the long side yesterday after the opening bell at SPX 4344. Stocks fell apart on Monday but recover the last couple days as the dip buyers jump into action waving the Federal Reserve and Congressional stimulus banners. Bulls are cruising with the algo number 37 points above the signal line, however, the quant may flip back to the short side at anytime. The robot knew this choppy slop was coming.

Stocks go up if VIX remains below 17.74.  Stocks go up if XLF remains above 36.52. Bulls need about a +1.7% pop in copper futures to create more upside in the stock market. Copper is up +0.9% right now so the bulls need to keep pushing the red metal higher if they want the rally to continue. Stocks will fall apart if volatility and banks turn negative.

The quant flips twice in the SPX 4344-4349 range. Write this down since the robot considers this level to be important for some reason.

Watch the utilities closely since an epic signal may be forming. UTIL is at 892.29 and must remain above 891.67 this week to keep the stock market rally alive. Stocks will soften if UTIL 891.67 fails. Further, for next week, UTIL must be above 923.71 so the bulls have a heck of a lot of work to do in 2 days. By 4 PM EST Friday, bulls need UTIL above 924 which is 32 big points above current levels. Can the bulls do it? If you see utilities rallying big the next couple days, the stock market will likely remain elevated at record levels for another month or two. If UTIL is unable to get to 924 by the end of trading Friday, there will be Hell to pay next week. If UTIL falls below 866, it is likely the stock market will crash.

On the last trade, which only danced for a week, another flat move occurs. On the year, the benchmark S&P 500 is up +16%, the quant program is up +15% and the actual trading generated by Keybot the Quant is up +22%. Keybot the Quant exits SH and enters SPY remaining in the 1x ETF's until the whipsaw timer expires which is Friday the 13th. Stocks are in the choppy slop pattern.

Volatility, banks, copper and utilities are controlling broad stock market direction currently. Nothing else matters as Metallica sings.

7/25/21; 7:00 PM EST =
7/22/21; 3:44 AM EST = +74; signal line is +37
7/21/21; 11:21 AM EST = +60; signal line is +37
7/21/21; 11:04 AM EST = +44; signal line is +37
7/21/21; 10:43 AM EST = +60; signal line is +37
7/21/21; 10:36 AM EST = +44; signal line is +38
7/21/21; 9:52 AM EST = +60; signal line is +39
7/21/21; 9:36 AM EST = +44; signal line is +39; go long 4344; (Benchmark SPX for 2021 = +15.8%)(Keybot algo this trade = +0.1%; Keybot algo for 2021 = +15.1%)(Actual results this trade = +0.1%; Actual results for 2021 = +22.4%)
7/20/21; 3:59 PM EST = +28; signal line is +40
7/20/21; 2:30 PM EST = +44; signal line is +41 but algorithm remains short
7/20/21; 1:09 PM EST = +28; signal line is +43
7/20/21; 12:55 PM EST = +44; signal line is +44 but algorithm remains short
7/20/21; 9:49 AM EST = +28; signal line is +44
7/20/21; 9:39 AM EST = +14; signal line is +45
7/20/21; 9:00 AM EST = +28; signal line is +47
7/19/21; 3:47 PM EST = +28; signal line is +48
7/19/21; 3:10 PM EST = +14; signal line is +47
7/19/21; 2:54 PM EST = -2; signal line is +48
7/19/21; 2:42 PM EST = +14; signal line is +50
7/19/21; 1:36 PM EST = +12; signal line is +52
7/19/21; 1:34 PM EST = -2; signal line is +54
7/19/21; 1:16 PM EST = +14; signal line is +57
7/19/21; 3:43 AM EST = +28; signal line is +59
7/18/21; 7:00 PM EST = +42; signal line is +61
7/16/21; 10:14 AM EST = +42; signal line is +62
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%)