STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short as the bulls try to fight back on Friday. The bears are in control of the stock market direction with the algo number 28 points below the signal line. Retail stocks and commodities turned bullish on Friday creating the upside joy in the stock market.

Thus, bears need retail stocks and commodities to collapse back into the bear camp if they want to create market mayhem. Armageddon will be on tap if UTIL loses 950.

Bears need RTH below 227 and/or GTX below 3567. Both can easily flip bearish again which would wipe-out the entire impetus (a ten-dollar college word) for stocks rallying on Friday. Watch Scamazon. If RTH and GTX turn bearish again, and then UTIL loses 950, Goodnight Irene, Irene Goodnight.

Bulls want to build on Friday's gains and prove they got game and this will be apparent if they do not let RTH or GTX fall. Bulls need lower volatility, and higher banks and chips. These three metrics are causing the weakness in the US stock market currently (along with utes).

Bulls need VIX below 17.10 (watch this overnight), XLF above 48.85 and/or SOX above 5052. Bulls probably need at least 2 of the 3 to flip bullish to put the quant in position to flip long. If one parameter flips long, consider the caution flag out, if two turn bullish, consider the imminent turn to be in play, and if all three turn bullish, the bulls will be throwing confetti and singing songs as the SPX explodes higher.

Thus, for this holiday shortened Christmas week ahead, if you are bullish you are rooting for a collapse in volatility, and for banks and semiconductors to rally to the moon, and all is fine for a rosy finish to the year with a Santa Claus rally.

If you are bearish, you are rooting for a collapse in retail stocks and commodities so you want Scamazon, Walfart, and Costalotco to fail. If  the retail stocks and commodities weaken, the blood will flow on Wall Street for Christmas, and Santa will be beat-up in the alley way behind the dumpster, fighting for his life, that will be determined by UTIL 950.

Keybot prints one pre-scheduled number this week tomorrow morning. Markets are of course closed on Wednesday for Christmas. The stock market closes early at 1 PM EST on Tuesday for Christmas Eve. Bulls and bears are duking it out Rockin' Around the Christmas Tree with Brenda Lee.

12/31/24; 7:00 PM EST EOM EOQ4 EOY2024 =
12/29/24; 7:00 PM EST =
12/23/24; 10:00 AM EST =
12/22/24; 7:00 PM EST = -14; signal line is +14
12/20/24; 11:15 AM EST = -14; signal line is +16
12/20/24; 11:14 AM EST = -30; signal line is +18
12/20/24; 10:00 AM EST = -44; signal line is +20
12/20/24; 9:36 AM EST = -44; signal line is +23
12/19/24; 10:40 AM EST = -28; signal line is +25
12/18/24; 3:16 PM EST = -14; signal line is +27