STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side today at SPX 5709 as Fed Chairman Powell was speaking. Volatility and commodities remain in the bear camp creating negativity while the banks and chips remain in the bull camp creating positivity in the stock market. The algo number is only 4 points below the signal line so the downside is not yet showing enthusiasm.

Bears need SOX below 5040 and/or XLF below 44.04 to verify the downside and begin the carnage. If these two metrics remain bullish, the bears will probably fold like a cheap suit and volatility will drop.

On the last trade that ran for a couple weeks, the quant program gains a couple percent and the actual trading gains +3.1%. For the year thus far with Q3 ending today, the benchmark SPX, that is the US stock market, is up about +20% this year. The bulls cheer their good fortune. The Keybot the Quant algo is up about +7% on the year and the actual trading generated by the quant is up about +12% underperforming the benchmark by 8 percentage points. Keybot exited SSO and entered QID.

10/6/24; 7:00 PM EST =
10/4/24; 9:00 AM EST =
9/30/24; 7:00 PM EST EOM EOQ3 =
9/30/24; 2:23 PM EST = +32; signal line is +36; go short 5709; (Benchmark SPX for 2024 = +19.7%)(Keybot algo this trade = +1.7%; Keybot algo for 2024 = +6.7%)(Actual results this trade = +3.1%; Actual results for 2024 = +12.4%)
9/29/24; 7:00 PM EST = +32; signal line is +36 but algorithm remains long
9/27/24; 10:00 AM EST = +32; signal line is +36 but algorithm remains long
9/26/24; 9:54 AM EST = +32; signal line is +35 but algorithm remains long
9/26/24; 8:21 AM EST = +46; signal line is +35
9/26/24; 8:08 AM EST = +32; signal line is +34 but algorithm remains long
9/26/24; 3:13 AM EST = +46; signal line is +33
9/25/24; 12:48 PM EST = +32; signal line is +32 but algorithm remains long
9/25/24; 12:04 PM EST = +46; signal line is +31
9/25/24; 11:58 AM EST = +32; signal line is +29
9/25/24; 11:55 AM EST = +46; signal line is +28
9/25/24; 11:42 AM EST = +60; signal line is +26
9/25/24; 11:34 AM EST = +46; signal line is +24
9/25/24; 10:43 AM EST = +60; signal line is +22
9/24/24; 10:00 AM EST = +46; signal line is +19
9/24/24; 9:36 AM EST = +48; signal line is +17
9/23/24; 2:14 PM EST = +34; signal line is +16
9/23/24; 2:06 PM EST = +18; signal line is +14
9/23/24; 1:55 PM EST = +34; signal line is +13
9/23/24; 12:04 PM EST = +18; signal line is +12
9/23/24; 11:56 AM EST = +34; signal line is +12
9/23/24; 10:44 AM EST = +18; signal line is +11
9/23/24; 10:42 AM EST = +34; signal line is +11
9/23/24; 10:34 AM EST = +48; signal line is +10
9/23/24; 9:57 AM EST = +32; signal line is +9
9/23/24; 9:44 AM EST = +18; signal line is +8
9/23/24; 9:36 AM EST = +34; signal line is +8
9/22/24; 7:00 PM EST = +18; signal line is +7
9/20/24; 9:50 AM EST = +18; signal line is +7
9/19/24; 9:43 AM EST = +34; signal line is +7
9/18/24; 9:00 AM EST = +18; signal line is +5
9/15/24; 7:00 PM EST = +18; signal line is +5
9/13/24; 2:28 PM EST = +18; signal line is +5
9/13/24; 2:06 PM EST = +2; signal line is +5 but algorithm remains long
9/13/24; 10:00 AM EST = +18; signal line is +5
9/13/24; 9:36 AM EST = +18; signal line is +5; go long 5612; (Benchmark SPX for 2024 = +17.7%)(Keybot algo this trade = -1.2%; Keybot algo for 2024 = +5.0%)(Actual results this trade = -2.1%; Actual results for 2024 = +9.3%)