STOCK MARKET BEARISH -- SHORT

Keybot the Quant turns bearish at the opening bell at SPX 4630 as the stock market fell out of bed. Volatility, chips, retail stocks and copper cause the selloff. Stocks are trying to recover so they need to win back these 4 parameters to stop the selling and stabilize the collapse.

The machines are driving the semiconductors higher and volatility lower to create the afternoon rally right now. The SPX is back up to 4646 but the 4 parameters remain bearish so the bulls got buptkis. Bulls need VIX below 19.40, SOX above 3783, RTH above 189.60 and CPER above 26.72. Any one of these turning bullish will immediately halt the selloff. Any rally's strength can be determined by how many of the 4 parameters turn bullish.

The bears need the NYA to drop below 16678 (now at 17071). If the NYA fails, a serious and significant down move will occur in the stock market. If stocks flounder and meander sideways not knowing which direction to choose, a rally will occur unless the NYA 16678 fails.

The Martin Luther King Jr holiday is on Monday so stocks may be buoyant on Thursday and Friday.

The year begins on a downbeat with the benchmark S&P 500 index, the SPX, down -2.9% in 2022 thus far. The Keybot the Quant program loses -2.9% out of the gate and the actual trading loses -1.6% to begin the year. The technicals had to be rezeroed for the new year so the trade was actually successful based on the original entry. In other words, last year received a couple percent in profit at the expense of this year. No worries. There is over 11-1/2 months left in the year. The quant remains in the single 1x ETF's due to the whipsaw timer in December. If the algo flips back next week it will likely return to the 2x ETF's. Keybot exits SPY and enters SH.

2022 is off and stumbling. The beat goes on.

As all that windbag stuff is typed, they are having trouble pushing volatility lower so they are keying in on chips to stop the market selloff. So it is likely a game of bulls win and a rally begins with SOX 3783 (now at 3770), or, bears begin a massacre with NYA losing 16678. Which will it be?

1/16/22; 7:00 PM EST =
1/14/22; 10:00 AM EST =
1/10/22; 9:36 AM EST = +26; signal line is +75; go short 4630; (Benchmark SPX for 2022 = -2.9%)(Keybot algo this trade = -2.9%; Keybot algo for 2022 = -2.9%)(Actual results this trade = -1.6%; Actual results for 2022 = -1.6%)
1/10/22; 8:35 AM EST = +74; signal line is +76 but algorithm remains long
1/9/22; 7:00 PM EST = +88; signal line is +75
1/7/22; 2:43 PM EST = +88; signal line is +73
1/7/22; 2:38 PM EST = +74; signal line is +70
1/7/22; 2:30 PM EST = +58; signal line is +68 but algorithm remains long
1/7/22; 2:28 PM EST = +74; signal line is +67
1/7/22; 1:16 PM EST = +88; signal line is +63
1/7/22; 11:31 AM EST = +74; signal line is +61
1/7/22; 11:10 AM EST = +58; signal line is +60 but algorithm remains long
1/7/22; 10:32 AM EST = +74; signal line is +59
1/7/22; 10:09 AM EST = +58; signal line is +57
1/7/22; 10:03 AM EST = +72; signal line is +57
1/7/22; 9:59 AM EST = +88; signal line is +56
1/7/22; 9:51 AM EST = +74; signal line is +54
1/7/22; 9:00 AM EST = +58; signal line is +53
1/6/22; 9:36 AM EST = +58; signal line is +52
1/5/22; 3:51 PM EST = +74; signal line is +51
1/5/22; 3:43 PM EST = +88; signal line is +50
1/5/22; 3:35 PM EST = +74; signal line is +48
1/3/22; 11:35 AM EST = +88; signal line is +46
1/3/22; 9:36 AM EST = +72; signal line is +44
1/1/22; Algorithm Zeroed for 2022 Data = +88; signal line is +41; go long 4766; (Benchmark SPX for 2022 Final = +0.0%)(Keybot algo this trade = +0.0%; Keybot algo for 2022 = +0.0%)(Actual results this trade = +0.0%; Actual results for 2022 = +0.0%)