STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as Black Monday occurs on Wall Street. Utes failed on Friday so you knew the week would begin soggy. The wheels fell off before munch time when UTIL lost 952. The stock market trap door flew open, and Joe Sixpack was swinging where the little birdies sing meeting his Waterloo, as Stonewall Jackson sings. The United States stock market is down about -9% in a 3-day crash now down more than -20% from the record highs. It was an ugly tape today.

The bears are cruising with the algo number 57 points below the signal line. The bulls have to push utilities and copper higher and hope for positive news to stabilize markets. UTIL 952 will halt the selling. UTIL begins tomorrow at 935.

The Fed is going to hike rates on Wednesday and 50 bips was expected now many call for 75 bips. The wealthy elite class raped the stock market, and America, for all its worth from March 2009 (when QE 1 started) to present, courtesy of the Fed's doves that will receive their future quid pro quo from the investment banks, and are taking the easy money off the table. It is the corrupt crony capitalism system.

6/19/22; 7:00 PM EST =
6/16/22; 9:00 AM EST =
6/13/22; 10:48 AM EST = -51; signal line is +6
6/13/22; 9:36 AM EST = -35; signal line is +9
6/12/22; 7:00 PM EST = -19; signal line is +10
6/10/22; 10:00 AM EST = -19; signal line is +12
6/10/22; 8:36 AM EST = -19; signal line is +13
6/10/22; 7:11 AM EST = -5; signal line is +13
6/10/22; 6:37 AM EST = -19; signal line is +13
6/9/22; 2:41 PM EST = -5; signal line is +13; go short 4078; (Benchmark SPX for 2022 = -14.4%)(Keybot algo this trade = -0.6%; Keybot algo for 2022 = +9.5%)(Actual results this trade = -0.5%; Actual results for 2022 = +8.0%)