Keybot the Quant remains long with lots of push and pull occurring in the stock market. The bulls remain in control with the algo number 19 points above the signal line. Chips, retail stocks and banks are sending the stock market higher while copper, volatility, and the NYA and SPX indexes, are sending the stock market lower. The battle continues. The Beat Goes On.
Let's see, to give yinz something to watch, chips, copper and the NYA index will tell the near term story. Bulls need stronger copper and NYA above 19383 to wave the all-clear flag again for more upside gains. Stocks are typically higher going into a Fed meeting on hump day. Copper futures are a smidge lower right now. The stock market upside will stall if the NYA cannot get above 19383.
The bears need to keep the red metal red and NYA below 19383 if they want to start tearing flesh off the bulls. Bears need SOX below 4328 that will signal that the bears are gaining strength.
NYA 19383 and SPX 5740 are bigtime numbers since they are the demarcation lines of a cyclical bull versus a cyclical bear market going forward. Thus, NYA 19383 is likely the most important number to watch over the next couple days. If it turns bullish (price moves above 19383), start watching the SPX 5740 line in the sand since that would return the stock market to a cyclical bull market pattern. It is currently in a cyclical bear so these two numbers are key over the next week or two and will likely tell you the path forward for many weeks and months ahead.
You can see last Wednesday was a key day with the robot going wild over the 1's and 0's. That was a bear trap and luckily, the quant was not sucked-in.
Keybot the Quant does not print any pre-scheduled numbers this week. Yesterday was Cinco de Mayo so time to play the oversized bass (guitarron) and don a sombrero. Mariachi. Arriba, arriba! Andale, andale!
5/11/25;
7:00 PM EST =
5/5/25; 3:02 PM EST = -17; signal line is -36
5/5/25;
2:11 PM EST = -3; signal line is
-37
5/5/25;
1:03 PM EST = -17; signal line
is -38
5/5/25;
12:02 PM EST = -3; signal line
is -39
5/5/25;
10:11 AM EST = -17; signal line
is -40
5/5/25;
9:36 AM EST = -1; signal line is
-41
5/4/25; 7:00 PM EST = -3; signal line is -41
5/2/25; 12:06 PM EST = -3; signal line is -42
5/2/25; 9:36 AM EST = -17; signal line is -44
5/2/25;
9:00 AM EST = -49; signal line
is -45 but algorithm remains long
4/30/25;
7:00 PM EST EOM = -49; signal
line is -46 but algorithm remains long
4/30/25;
3:47 PM EST = -49; signal line
is -46 but algorithm remains long
4/30/25;
3:36 PM EST = -65; signal line
is -45 but algorithm remains long
4/30/25;
3:17 PM EST = -49; signal line
is -45 but algorithm remains long
4/30/25;
2:41 PM EST = -65; signal line
is -45 but algorithm remains long
4/30/25;
1:31 PM EST = -49; signal line
is -45 but algorithm remains long
4/30/25;
1:16 PM EST = -65; signal line
is -45 but algorithm remains long
4/30/25;
12:48 PM EST = -49; signal line
is -45 but algorithm remains long
4/30/25;
12:28 PM EST = -65; signal line
is -46 but algorithm remains long
4/30/25;
12:10 PM EST = -49; signal line
is -44 but algorithm remains long
4/30/25;
9:36 AM EST = -65; signal line
is -45 but algorithm remains long
4/29/25;
10:00 AM EST = -33; signal line
is -44
4/28/25;
2:28 PM EST = -31; signal line
is -45
4/28/25;
12:06 PM EST = -47; signal line
is -46 but algorithm remains long
4/27/25; 7:00 PM EST = -31; signal line is -48
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