STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short but the algo is champing at the bit to go long. The algo number is 21 points above the signal line but the internal parameters will not fully latch to permit the move to the long side. The algo went schizoid on Thursday spitting out 14 numbers.

Copper and chips are all that matter with a sprinkling of commodities. All three parameters turned bullish creating stock market joy, however, the SPX gave-up the ghost finishing the week at 5808. If the SPX moves above 5863 on Monday, Keybot the Quant will likely flip long. That is a formidable task, 55 S&P points, but anything can happen these days.

Bears need CPER below 27.40, SOX below 5145 and/or GTX 3575. Any 1 of the 3 turning bearish will prove that the bears still got game. Bears need 2 of the metrics to turn bearish to maintain control of the stock market. If all 3 turn bearish, a lot of downside is ahead for the stock market.

It is a game of pennies. Copper futures need to drop only -0.1%, a marginal loss, to turn CPER bearish again. SOX (semiconductors) needs to drop -1.3% to help the bears. GTX (commodities) needs to drop -1.1% to help the bears.

Keybot the Quant prints three pre-scheduled numbers this week one on Tuesday morning, one on Thursday, Halloween, evening for EOM, and one on Friday morning. Watch copper futures overnight since they are steering the stock market ship. Everyone wants to hear the Monster Mash these days. It is a graveyard smash.

11/3/24; 7:00 PM EST =
11/1/24; 9:00 AM EST =
10/31/24; 7:00 PM EST EOM =
10/29/24; 10:00 AM EST =
10/27/24; 7:00 PM EST = +46; signal line is +25 but algorithm remains short
10/25/24; 10:06 AM EST = +46; signal line is +24 but algorithm remains short
10/25/24; 10:00 AM EST = +30; signal line is +23 but algorithm remains short
10/24/24; 3:59 PM EST = +30; signal line is +23 but algorithm remains short
10/24/24; 3:51 PM EST = +46; signal line is +23 but algorithm remains short
10/24/24; 2:48 PM EST = +30; signal line is +22 but algorithm remains short
10/24/24; 2:37 PM EST = +14; signal line is +20
10/24/24; 2:22 PM EST = +30; signal line is +21 but algorithm remains short
10/24/24; 2:18 PM EST = +16; signal line is +21
10/24/24; 2:12 PM EST = +0; signal line is +22
10/24/24; 2:04 PM EST = +14; signal line is +23
10/24/24; 1:54 PM EST = +0; signal line is +24
10/24/24; 1:42 PM EST = +30; signal line is +26 but algorithm remains short
10/24/24; 1:29 PM EST = +14; signal line is +27
10/24/24; 11:52 AM EST = +0; signal line is +28
10/24/24; 11:06 AM EST = +16; signal line is +29
10/24/24; 9:36 AM EST = +30; signal line is +30 but algorithm remains short
10/23/24; 12:56 PM EST = +14; signal line is +30