STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the stock market circus continues. It is a crazy carnival ride. On Thursday, Keybot the Quant flipped long at the opening bell with the euphoric upside only to receive its head on a platter a couple hours later as the quant whipsawed short again. If you got up to go to the can, you would have missed the move by the time you got back.

There was no point in posting it since it flipped back so quickly. In the 15 years of the quant's operation, the intraday whipsaws are rare perhaps only about a half-dozen over all those years. A couple or so whipsaws tend to occur per year but they are always the following day not on the same day. The stock market is ripping itself apart jumping back and forth from bull to bear.

After the Thursday whipsaw flip back to the short side, the Crazy Train continues with more non-stop choppy slop. The algo prints another 16 numbers on Thursday afternoon and Friday including the pre-scheduled number. The banks gave up the ghost. Copper failed. Most importantly, the utes failed.

UTIL lost 927 ushering-in market mayhem. This is serious business. Not a joke. Stocks recovered late Friday, or at least tried to right the ship, when UTIL regained 927. Alas, the 927 is meaningless next week replaced with 939. That means out of the gate Monday morning, stocks will already be on the backfoot with utes immediately creating negative stock market pressure. Smell that? A slight whiff of a Black Monday in the air. Nah, that won't happen?

Utilities, banks and volatility are running the stock market show right now. If you are long the stock market, you need to get down on your knees, put your hands together, and pray all weekend that UTIL jumps above 939 after Monday's opening bell. Otherwise, you are toast.

Anything can happen in these markets. Bulls need higher utes, banks and copper and lower volatility. Bears need lower utes and chips and higher volatility.

On the whipsaw trades, it was marginal gains and losses. The robot will remain in single ETF's into the back-half of March due to the ongoing chop suey. On the year thus far, the benchmark S&P 500 index is up about +4% while the quant program is up a couple percent and the actual trading generated by the quant is up +1% in 2023. On the flip long, Keybot exited SH and entered SPY and then on the whipsaw back to the short side SPY was exited and SH was reentered.

The utilities are a huge deal right now determining the fate of the US stock market going forward and comically, few understand it.

2/26/23; 7:00 PM EST =
2/24/23; 3:59 PM EST = -17; signal line is -10
2/24/23; 3:45 PM EST = -33; signal line is -8
2/24/23; 3:38 PM EST = -17; signal line is -6
2/24/23; 3:11 PM EST = -1; signal line is -5 but algorithm remains short
2/24/23; 2:09 PM EST = -17; signal line is -3
2/24/23; 1:27 PM EST = -33; signal line is -1
2/24/23; 12:58 PM EST = -47; signal line is +2
2/24/23; 11:36 AM EST = -33; signal line is +5
2/24/23; 10:00 AM EST = -47; signal line is +7
2/24/23; 9:36 AM EST = -47; signal line is +11
2/24/23; 8:36 AM EST = -1; signal line is +14
2/23/23; 3:07 PM EST = +13; signal line is +15
2/23/23; 2:26 PM EST = -1; signal line is +16
2/23/23; 2:05 PM EST = -17; signal line is +18
2/23/23; 12:29 PM EST = -1; signal line is +20
2/23/23; 11:53 AM EST = -15; signal line is +22
2/23/23; 11:43 AM EST = -1; signal line is +24; go short 3977; (Benchmark SPX for 2023 = +3.6%)(Keybot algo this trade = -1.0%; Keybot algo for 2023 = +2.2%)(Actual results this trade = -1.0%; Actual results for 2023 = +1.5%)
2/23/23; 10:50 AM EST = -1; signal line is +26 but algorithm remains long
2/23/23; 9:36 AM EST = +29; signal line is +28; go long 4018; (Benchmark SPX for 2023 = +4.6%)(Keybot algo this trade = +0.2%; Keybot algo for 2023 = +3.2%)(Actual results this trade = +0.3%; Actual results for 2023 = +2.5%)
2/23/23; 3:06 AM EST = -1; signal line is +28
2/22/23; 2:17 PM EST = -15; signal line is +29
2/22/23; 1:59 PM EST = +1; signal line is +31
2/22/23; 1:57 PM EST = +15; signal line is +32
2/22/23; 1:27 PM EST = +29; signal line is +33
2/22/23; 12:38 PM EST = +15; signal line is +34
2/22/23; 12:24 PM EST = +1; signal line is +35
2/21/23; 11:31 AM EST = -15; signal line is +37
2/21/23; 10:57 AM EST = -1; signal line is +39
2/21/23; 10:15 AM EST = +15; signal line is +42; go short 4024; (Benchmark SPX for 2023 = +4.8%)(Keybot algo this trade = -0.9%; Keybot algo for 2023 = +3.0%)(Actual results this trade = -0.7%; Actual results for 2023 = +2.2%)