Wednesday, January 4, 2023

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips to the bull side to begin the new year at SPX 3841 a couple hours ago. It's upside orgy time. Utilities jump higher waving the bull banner. The NYA index is higher pointing to upside joy ahead. Copper rallied, then fell today testing a critical bull/bear level in the sand, CPER 22.57, but is bouncing now at 22.70. The bulls cheer and are now cruising along with the algo number 35 points above the signal line.

With utes jumping into the bull camp and copper remaining bullish, at least for now, the chips are the next domino to fall into place. Keybot is tracking SOX 2598 and price is at 2571. Watch this like a hawk because if the socks move above 2598, stocks will catapult higher. Shorts will cover and the rally be massive.

The stage is set. Keybot the Quant is long. Utilities add strong bull fuel as long as UTIL remains above 978. Bears need CPER to fall through 22.57 to usher in market negativity. Bulls need SOX above 2598 as a signal to buy with both fists into a market that is going to rally big. Choose your poison.

On the last trade, which started a couple days before the year ended, and then the robot was rezeroed, the quant program and actual trading generated by the quant starts the year off flat. Keybot exits SH and enters SPY remaining in the 1x ETF's during January until the whipsaw timer expires (at month-end).

Now we see if the bulls have game or if it is bluster. SOX 2598 provides that answer. In the time these extra windbag sentences are typed, SOX is now up to 2577 only 21 points from declaring complete bull victory ahead. SPX is above 3871 at highs of day.

1/8/23; 7:00 PM EST =
1/6/23; 9:00 AM EST =
1/4/23; 10:49 AM EST = +16; signal line is -19
1/4/23; 10:26 AM EST = +0; signal line is -21
1/4/23; 9:47 AM EST = +16; signal line is -22; go long 3841; (Benchmark SPX for 2023 = +0.0%)(Keybot algo this trade = -0.0%; Keybot algo for 2023 = -0.0%)(Actual results this trade = -0.1%; Actual results for 2023 = -0.1%)
1/4/23; 9:41 AM EST = +0; signal line is -23 but algorithm remains short
1/3/23; 2:49 PM EST = -16; signal line is -24 but algorithm remains short
1/3/23; 2:37 PM EST = -30; signal line is -25
1/3/23; 1:09 PM EST = -16; signal line is -24 but algorithm remains short
1/3/23; 12:51 PM EST = -30; signal line is -25
1/1/23; Begin 2023 Data = -16; signal line is -25; go short 3840; (Benchmark SPX for 2023 = +0.0%)(Keybot algo this trade = +0.0%; Keybot algo for 2023 = +0.0%)(Actual results this trade = +0.0%; Actual results for 2023 = +0.0%)

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