STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side yesterday at munch time at SPX 5950. Choppy sloppy price action occurs as commodities flutter to and fro. The bulls have commodes, volatility and retail in their camp creating buoyancy in the stock market. Semiconductors and copper are in the bear camp the two key negatives limiting the upside for bulls.

Thus, the bulls need SOX above 5077 to prove that they can create another leg higher for stocks. If you are bullish and see SOX move above 5077, you can start throwing confetti. If bearish, you need to hold the line at SOX 5077.

The bears need to pull commodities, volatility and/or retail into their camp to create negativity in equities and wrestle back control of the stock market. The bears need GTX below 3565, VIX above 17.73, and/or RTH below 219.05. Any 1 of the 3 will place the imminent turn notation in the title line and position the robot to flip back to the short side. The degree of potential negativity in the stock market is directly correlated to these 3 parameters turning bearish. If the three remain bullish, the bulls will be sinking a happy song.

Pay attention to SOX 5077 since a lot is riding on that number. Also, GTX 3565 (you can follow it on stockcharts.com with $GTX). The market is a coin-flip these days but the battle between chips and commodes will tell you who wins.

On the last trade, that barely lasts a week, the quant program loses a percent and the actual trading loses a couple percent. For the year, with December drawing close, the benchmark SPX is up a huge +25%. The algorithm program is up +10% on the year and the actual trading generated by the quant is up +18%. Keybot exited SDS and entered SSO.

Keybot the Quant prints a pre-scheduled number this morning shortly after the opening bell.

11/24/24; 7:00 PM EST =
11/22/24; 10:00 AM EST =
11/21/24; 12:45 PM EST = +32; signal line is +26; go long 5950; (Benchmark SPX for 2024 = +24.7%)(Keybot algo this trade = -0.9%; Keybot algo for 2024 = +9.7%)(Actual results this trade = -1.7%; Actual results for 2024 = +17.5%)
11/21/24; 9:36 AM EST = +32; signal line is +25 but algorithm remains short
11/19/24; 1:06 PM EST = +18; signal line is +25
11/19/24; 12:29 PM EST = +32; signal line is +25 but algorithm remains short
11/19/24; 11:06 AM EST = +18; signal line is +24
11/19/24; 10:00 AM EST = +32; signal line is +23 but algorithm remains short
11/19/24; 9:00 AM EST = +18; signal line is +22
11/17/24; 7:00 PM EST = +18; signal line is +21
11/15/24; 10:01 AM EST = +18; signal line is +20; go short 5899; (Benchmark SPX for 2024 = +23.7%)(Keybot algo this trade = +2.8%; Keybot algo for 2024 = +10.6%)(Actual results this trade = +5.5%; Actual results for 2024 = +19.2%)