STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side at SPX 3854 yesterday before munch time. The banks and commodities are supporting the bulls while copper and volatility support the bears.

The quant goes psycho over the last day printing a wild barrage of 19 numbers including the flip to the bear camp. It represents lots of chop and indecision going into the Fed rate decision and Chairman Powell's press conference today.

Bears need weaker banks and commodities to send stocks lower. Bears need GTX below 3616.50 and XLF below 32.70.

Bulls need stronger copper and lower volatility. Bulls need CPER above 20.95 and VIX below 25.73. Simply watch these three parameters (GTX, CPER, VIX) and they will tell you the direction of the stock market. As always a wild whipsaw may occur in these crazy markets when Powell begins to speak.

On the last trade that ran for 11 days, the quant program and actual trading both gain about +3%. For the year thus far, into its 11th month, the benchmark S&P 500 is down -19.1% no longer in that sub -20% silly bear market region (we remain in a cyclical bear market). The Keybot the Quant computer program is up +29% on the year and the actual trading generated by the quant is up +42% this year outperforming the benchmark by a huge 61 percentage points. That's a lot. Keybot exits SPY and enters SH remaining in the 1x ETF's since the whipsaw timer remains in effect.

The bears are in control with the algo number 11 points below the signal line. GTX 3616.50,  CPER 20.95 and VIX 25.73 tell the story going forward. As copper goes, so goes the market.

11/6/22; 7:00 PM EST =
11/4/22; 9:00 AM EST =
11/2/22; 4:53 AM EST = -36; signal line is -25
11/1/22; 3:57 PM EST = -22; signal line is -25 but algorithm remains short
11/1/22; 3:31 PM EST = -36; signal line is -25
11/1/22; 3:22 PM EST = -22; signal line is -25 but algorithm remains short
11/1/22; 3:19 PM EST = -6; signal line is -24 but algorithm remains short
11/1/22; 3:07 PM EST = -20; signal line is -25 but algorithm remains short
11/1/22; 2:32 PM EST = -36; signal line is -25
11/1/22; 2:26 PM EST = -20; signal line is -24 but algorithm remains short
11/1/22; 2:00 PM EST = -6; signal line is -24 but algorithm remains short
11/1/22; 1:51 PM EST = -22; signal line is -25 but algorithm remains short
11/1/22; 1:30 PM EST = -36; signal line is -26
11/1/22; 1:16 PM EST = -22; signal line is -26 but algorithm remains short
11/1/22; 1:12 PM EST = -36; signal line is -26
11/1/22; 12:44 PM EST = -20; signal line is -27 but algorithm remains short
11/1/22; 12:18 PM EST = -36; signal line is -28
11/1/22; 12:01 PM EST = -20; signal line is -29 but algorithm remains short
11/1/22; 10:47 AM EST = -36; signal line is -30; go short 3854; (Benchmark SPX for 2022 = -19.1%)(Keybot algo this trade = +3.0%; Keybot algo for 2022 = +29.2%)(Actual results this trade = +2.6%; Actual results for 2022 = +41.8%)
11/1/22; 9:51 AM EST = -20; signal line is -31
11/1/22; 9:38 AM EST = -4; signal line is -32
11/1/22; 9:36 AM EST = -20; signal line is -34
10/31/22; 7:00 PM EST EOM = -34; signal line is -36
10/31/22; 11:03 AM EST = -34; signal line is -36
10/31/22; 9:57 AM EST = -34; signal line is -37
10/31/22; 3:06 AM EST = -34; signal line is -38
10/30/22; 7:00 PM EST = -20; signal line is -39
10/28/22; 3:34 PM EST = -20; signal line is -40
10/28/22; 2:53 PM EST = -34; signal line is -42
10/28/22; 2:32 PM EST = -20; signal line is -43
10/28/22; 1:44 PM EST = -34; signal line is -44
10/28/22; 1:37 PM EST = -20; signal line is -45
10/28/22; 10:14 AM EST = -34; signal line is -46
10/28/22; 10:00 AM EST = -20; signal line is -47
10/28/22; 9:59 AM EST = -20; signal line is -48
10/28/22; 9:36 AM EST = -34; signal line is -49
10/26/22; 10:43 AM EST = -4; signal line is -50
10/26/22; 9:39 AM EST = -18; signal line is -52
10/25/22; 10:00 AM EST = -34; signal line is -53
10/24/22; 11:31 AM EST = -32; signal line is -54
10/24/22; 9:59 AM EST = -48; signal line is -55
10/24/22; 9:44 AM EST = -32; signal line is -55
10/23/22; 7:00 PM EST = -48; signal line is -56
10/21/22; 3:05 PM EST = -48; signal line is -57
10/21/22; 2:22 PM EST = -64; signal line is -57 but algorithm remains long
10/21/22; 2:09 PM EST = -48; signal line is -56; go long 3742; (Benchmark SPX for 2022 = -21.5%)(Keybot algo this trade = -2.2%; Keybot algo for 2022 = +26.2%)(Actual results this trade = -4.4%; Actual results for 2022 = +39.2%)