STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side with minutes to go in the trading week at SPX 5266. The late-day orgy rally higher was so obscene it made Caligula blush. Banks and volatility are all that matter and they provide the fuel to send stocks to the moon in the final minutes. The algo number is 14 points above the signal line.

The robot buy programs hit the tape for the last 65-minute period (2:55 PM EST - 4:00 PM EST) and the bulls never looked back. The banksters and Uncle Vix stripped off their clothes and started buying any stock with a heartbeat.

The bulls need stronger retail stocks, which means Scamazon, to prove that the upside is real. Bulls need RTH above 201.77 and the stock market will stretch higher. Watch AMZN for clues.

The bears need weaker banks, copper, and commodities, and higher volatility. Watch the bull/bear lines in the sand at XLF 41.17, CPER 28.09, GTX 3660 and VIX 14.03 (volatility moves inverse to stocks).

On the last trade that ran for only a couple days, the quant program is flat and the actual trading generated by the quant gains almost +3% (the 2x short tech ETF popped as tech stocks dropped). On the year thus far, the benchmark SPX is up almost +11%. The Keybot the Quant algorithm program is up a percent this year thus far and the actual trading is up +5% finally playing catch-up towards the benchmark. The Keybot the Quant robot continues underperforming the benchmark S&P 500 this year by 600 basis points. Keybot exits QID and enters QLD a 2x long tech ETF.

6/2/24; 7:00 PM EST EOM =
5/31/24; 3:54 PM EST = +46; signal line is +32; go long 5266; (Benchmark SPX for 2024 = +10.4%)(Keybot algo this trade = +0.2%; Keybot algo for 2024 = +1.1%)(Actual results this trade = +2.8%; Actual results for 2024 = +4.7%)
5/31/24; 3:03 PM EST = +46; signal line is +32 but algorithm remains short
5/31/24; 1:36 PM EST = +32; signal line is +33
5/31/24; 10:24 AM EST = +16; signal line is +34
5/31/24; 9:52 AM EST = +30; signal line is +35
5/31/24; 9:41 AM EST = +46; signal line is +36 but algorithm remains short
5/31/24; 8:31 AM EST = +30; signal line is +36
5/30/24; 2:30 PM EST = +16; signal line is +37
5/30/24; 11:22 AM EST = +30; signal line is +38
5/30/24; 10:44 AM EST = +16; signal line is +39
5/30/24; 9:52 AM EST = +30; signal line is +40
5/29/24; 3:58 PM EST = +16; signal line is +42
5/29/24; 12:30 PM EST = +30; signal line is +43
5/29/24; 11:12 AM EST = +16; signal line is +43
5/29/24; 10:31 AM EST = +30; signal line is +43
5/29/24; 10:12 AM EST = +16; signal line is +44
5/29/24; 9:57 AM EST = +30; signal line is +44
5/29/24; 9:36 AM EST = +16; signal line is +43
5/29/24; 9:30 AM EST = +32; signal line is +43; go short 5278; (Benchmark SPX for 2024 = +10.7%)(Keybot algo this trade = +3.0%; Keybot algo for 2024 = +0.9%)(Actual results this trade = +5.4%; Actual results for 2024 = +1.9%)

STOCK MARKET BEARISH -- SHORT

Keybot the Quant flips to the short side at the opening bell this morning at SPX 5278. Volatility spikes higher and the banks are soiling the sheets creating stock market angst and lower prices.

Watch the VIX 14.03 bull/bear line in the sand with price now at 14.12 in the bear camp (volatility moves inversely to the stock market). Thus, if you want to see if the bulls have any strength whatsoever to fight back, they first need VIX under 14.03 to start a comeback rally. If VIX remains above 14.03 today, the bulls are toast.

XLF 41.12 is another bull/bear line in the sand you can watch the next few days with price at 40.76, giving up the ship, causing negativity in the broad stock market.

The bears are running the show with the algo number 27 points below the signal line. The bulls did not eat their Wheaties this morning. The bears are slashing at the bulls drawing blood. Will the selling have legs?

On the last trade, that ran for almost the month of May, the Keybot the Quant algorithm program gains +3% and the actual trading generated by the quant gains about +5%. On the year thus far, the benchmark S&P 500 is up nearly +11%. The Keybot program is up a percent and the actual trading is up a couple percent so far in 2024. Keybot the Quant exits SSO and enters QID.

The Google *ssholes are messing with the coding for the colors causing the bright colors. Jackasses. A-hole programmers.

6/2/24; 7:00 PM EST EOM =
5/29/24; 11:12 AM EST = +16; signal line is +43
5/29/24; 10:31 AM EST = +30; signal line is +43
5/29/24; 10:12 AM EST = +16; signal line is +44
5/29/24; 9:57 AM EST = +30; signal line is +44
5/29/24; 9:36 AM EST = +16; signal line is +43
5/29/24; 9:30 AM EST = +32; signal line is +43; go short 5278; (Benchmark SPX for 2024 = +10.7%)(Keybot algo this trade = +3.0%; Keybot algo for 2024 = +0.9%)(Actual results this trade = +5.4%; Actual results for 2024 = +1.9%)
5/29/24; 8:31 AM EST = +32; signal line is +42 but algorithm remains long
5/29/24; 7:56 AM EST = +46; signal line is +41
5/29/24; 4:53 AM EST = +32; signal line is +40 but algorithm remains long
5/28/24; 3:59 PM EST = +46; signal line is +38
5/28/24; 2:32 PM EST = +30; signal line is +37 but algorithm remains long
5/28/24; 10:00 AM EST = +46; signal line is +36
5/26/24; 7:00 PM EST = +44; signal line is +35
5/24/24; 10:00 AM EST = +44; signal line is +34
5/20/24; 3:45 PM EST = +44; signal line is +33
5/19/24; 7:00 PM EST = +60; signal line is +33
5/16/24; 9:00 AM EST = +60; signal line is +31
5/14/24; 2:39 PM EST = +60; signal line is +30
5/14/24; 10:19 AM EST = +44; signal line is +29
5/14/24; 9:45 AM EST = +60; signal line is +28
5/14/24; 9:37 AM EST = +44; signal line is +27
5/12/24; 7:00 PM EST = +60; signal line is +26
5/10/24; 10:00 AM EST = +60; signal line is +25
5/9/24; 9:45 AM EST = +60; signal line is +24
5/8/24; 11:25 AM EST = +44; signal line is +22
5/7/24; 9:36 AM EST = +60; signal line is +21
5/5/24; 7:00 PM EST = +44; signal line is +19
5/3/24; 11:18 AM EST = +44; signal line is +18
5/3/24; 10:18 AM EST = +28; signal line is +16
5/3/24; 9:30 AM EST = +44; signal line is +15; go long 5126; (Benchmark SPX for 2024 = +7.5%)(Keybot algo this trade = -1.9%; Keybot algo for 2024 = -2.1%)(Actual results this trade = -3.5%; Actual results for 2024 = -3.5%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips long after the weaker than expected jobs report at SPX 5126. The upside orgy was created by the banks, chips and volatility. As previously mentioned, XLF 40.42 is a key bull/bear line in the sand and the bulls took it out so you knew the fix was in. SOX then jumped above its line in the sand at 4660 and VIX fell below the key 14.11 bull/bear demarcation line and the rest is history. Bullish traders and dip-buyers were buying any stock with a heartbeat goosing prices higher.

The algo number is 26 points above the signal line so the bulls are feeling very confident. Only in crony capitalism could society be happy that the jobs picture is worse because that will prompt the Federal Reserve to ease monetary conditions faster which will send stocks, that only one-half of the country own, with most stock held by the wealthiest elite, to the moon. What a pile of sh*t it is.

The US stock market direction is currently driven by 5 parameters; retail stocks (think Scamazon), chips, banks, volatility and commodities. Nothing else matters. Retail stocks are the only negative parameter of the five. The other four create the upside orgy on Friday.

Thus, for the rally to continue, retail stocks must hop aboard the bull bandwagon. All Aboard for This Train Is Bound for Glory. Bulls must push RTH above 201.80 to prove that the stock market rally has legs. Well, do you feel lucky, punk? Watch Scamazon. If AMZN rallies and sends RTH higher, the stock market is going to be in party mode.

Bears need SOX below 4660 and/or VIX above 14.11 and/or XLF below 40.42 and/or GTX below 3634. All four are creating stock market bullishness right now but they are dancing on the bull/bear lines in the sand without much wiggle room. The bears only need one of the four to flip bearish to stall the rally in stocks. If two of the four flip bearish and the SPX drops below 5101 on Monday, Keybot the Quant will likely flip short again. For now, the caution flag is out but if two of the four flip negative, the imminent turn back to the short side will be in play. Easy-peasy.

On the last trade that ran for only a couple days, the quant program loses a couple percent and the actual trading loses about -4%. On the year, the benchmark SPX is up about +8% while the Keybot the Quant algorithm is down a couple percent and the actual trading generated by the quant is down about four percent. Keybot exits SDS and enters SSO remaining in the 2x leveraged ETF's.

The whipsaw slop continues. Obviously, the jobs report created the Friday orgy. RTH 201.80 tells you if the rally continues while sogginess in chips, banks and commodities, and a move higher in volatility, will send stocks south again. Time for a fun day at Itchykoo Park. The stock market is all too beautiful, or is it?

5/5/24; 7:00 PM EST =
5/3/24; 11:18 AM EST = +44; signal line is +18
5/3/24; 10:18 AM EST = +28; signal line is +16
5/3/24; 9:30 AM EST = +44; signal line is +15; go long 5126; (Benchmark SPX for 2024 = +7.5%)(Keybot algo this trade = -1.9%; Keybot algo for 2024 = -2.1%)(Actual results this trade = -3.5%; Actual results for 2024 = -3.5%)
5/3/24; 9:00 AM EST = +14; signal line is +13 but algorithm remains short
5/2/24; 3:59 PM EST = +14; signal line is +12 but algorithm remains short
5/2/24; 3:47 PM EST = -2; signal line is +11
5/2/24; 2:35 PM EST = +14; signal line is +10 but algorithm remains short
5/1/24; 3:58 PM EST = -2; signal line is +9
5/1/24; 1:28 PM EST = +14; signal line is +8 but algorithm remains short
5/1/24; 1:08 PM EST = -2; signal line is +7
5/1/24; 10:39 AM EST = +14; signal line is +6 but algorithm remains short
5/1/24; 9:36 AM EST = -2; signal line is +5; go short 5032; (Benchmark SPX for 2024 = +5.5%)(Keybot algo this trade = -1.5%; Keybot algo for 2024 = -0.2%)(Actual results this trade = -1.5%; Actual results for 2024 = +0.0%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short yesterday morning at SPX 5032 about where it sits this minute. The choppy whipsaw slop continues this year. The bears are back in control but the algo number is only 11 points below the signal line. Flip a coin.

The action is in the banks, chips and commodities. There are several moving parts but the chips are falling apart creating a pull lower in the overall stock market. Banks, however, are dancing on the bull/bear tightrope and can go either way so the bulls are remaining in the game. Same-o with commodities.

Drilling down, XLF 40.42 is the bull/bear line in the sand for the banks. Price is at 40.33 now helping the bears but only by 9 pennies. GTX 3634 is the bull/bear line in the sand for commodities. GTX is at 3658 now helping the bulls. Very simply, bears win big if GTX loses 3634 (you can keep an eye on GTX at stockcharts.com under symbol $GTX). Bulls win big if XLF moves above 40.42.

On the last trade that ran for only 3 days, the quant program and actual trading generated by the quant each lose -1.5%. For the year thus far, the benchmark S&P 500 is up about +6%. The Keybot the Quant algo program and actual trading are dead flat on the year thus far. Keybot exits SPY and enters SDS the 2x leveraged ETF since the whipsaw timer has expired.

Banks and commodities tell you the answer going forward. What I Am.

5/5/24; 7:00 PM EST =
5/3/24; 9:00 AM EST =
5/1/24; 3:58 PM EST = -2; signal line is +9
5/1/24; 1:28 PM EST = +14; signal line is +8 but algorithm remains short
5/1/24; 1:08 PM EST = -2; signal line is +7
5/1/24; 10:39 AM EST = +14; signal line is +6 but algorithm remains short
5/1/24; 9:36 AM EST = -2; signal line is +5; go short 5032; (Benchmark SPX for 2024 = +5.5%)(Keybot algo this trade = -1.5%; Keybot algo for 2024 = -0.2%)(Actual results this trade = -1.5%; Actual results for 2024 = +0.0%)
4/30/24; 7:00 PM EST EOM = +14; signal line is +4
4/30/24; 3:59 PM EST = +14; signal line is +2
4/30/24; 10:00 AM EST = +32; signal line is +1
4/29/24; 9:36 AM EST = +32; signal line is +0
4/28/24; 7:00 PM EST = +16; signal line is -2
4/26/24; 3:59 PM EST = +16 signal line is -2
4/26/24; 11:03 AM EST = +32; signal line is -2; go long 5109; (Benchmark SPX for 2024 = +7.1%)(Keybot algo this trade = +2.8%; Keybot algo for 2024 = +1.3%)(Actual results this trade = +3.4%; Actual results for 2024 = +1.5%)