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

Keybot the Quant remains short but is champing at the bit to go long with the algo number one point above the signal line. The crazy sawtooth pattern continues. If the SPX floats higher, moving up through the 6093-6110 range, a level somewhere in there, the robot will not know until it sees it, Keybot the Quant will likely flip long. Hence, the imminent turn notation in the title line.

The bulls pumped copper and commodities creating stock market joy. The bears keep the chips and utes in their camp creating a heavy weight upon the stock market. Thus, bears need to bash copper and commodities if they want to continue the move lower while bulls must exalt chips and utes to plot the course higher for stocks. Bulls pushed SOX higher into the closing bell but fell short of what they need.

As stated, bulls need SPX above 6093 moving higher for the quant to flip long. Bulls will receive bigtime juice from SOX 5045 and UTIL 1021. SOX begins tomorrow at 5028 a breath away from the bull camp and stock market ecstasy. If SOX moves above 5045, stocks will explode higher. If SOX cannot move above 5045, any stock market rally will fade, like last evening's nightmares, and stocks will reverse to the downside.

UTIL is down to 1004 a big drop and the talking heads on television do not even mention the pullback in utilities over the last couple weeks. It is a very bad omen going forward.

Bears need CPER below 26.52 and GTX below 3562 to create market mayhem. The lying communists (CCP) promise to provide stimulus for the umpteenth time creating lift in copper and commodities. CPER is at 26.58 so it is a game of pennies. As copper goes, and the chips above, so goes the stock market. GTX pops to 3616 so it will take work by the bears to bring the commodes back down.

So choose your poison. She is ready to flip long at SPX 6093 and higher and will receive rocket fuel with SOX 5045 and/or UTIL 1021. The bears will maintain control and create carnage with CPER below 26.52 and/or GTX below 3562. Easy peasy.

Boiling it down as far as possible, like searching for Einstein's simple one-inch equation that explains the entire universe, the stock market is simply chips versus copper. That is it.

Bulls will catapult to victory, stampeding the bears, with SOX 5045 (any positivity in semiconductors) while bears will rejoice and celebrate, with bull blood on their claws, with CPER 26.52 (any negativity in copper).

Tom Waits just turned 75 years young. The poet is always riding that Downtown Train along with every other musician that covers his great song.

12/15/24; 7:00 PM EST =
12/11/24; 1:29 PM EST = +32; signal line is +31 but algorithm remains short
12/11/24; 1:11 PM EST = +16; signal line is +31
12/11/24; 11:22 AM EST = +32; signal line is +31 but algorithm remains short
12/11/24; 10:59 AM EST = +16; signal line is +30
12/10/24; 10:02 AM EST = +32; signal line is +31 but algorithm remains short
12/10/24; 9:42 AM EST = +16; signal line is +31
12/10/24; 9:36 AM EST = +32; signal line is +31 but algorithm remains short
12/9/24; 3:49 PM EST = +18; signal line is +31; go short 6052; (Benchmark SPX for 2024 = +26.9%)(Keybot algo this trade = +1.7%; Keybot algo for 2024 = +11.4%)(Actual results this trade = +3.3%; Actual results for 2024 = +20.8%)