Keybot the Quant remains long after a sleepy, slow, uneventful week ends in turmoil. Israel attacks Iran to stop its uranium enrichment and work towards building a bomb. The bullishness is off the charts these days. Traders and investors are buying any dip with glee even as bombs drop.
The quant did not print any numbers the whole week until today starting with the pre-scheduled number. After lunch, the banks failed. That drove stocks lower creating the afternoon sogginess. Banks recovered into the closing bell so the bears are left at the altar once again.
On Monday, all that matters are banks, copper and volatility. Both copper and volatility will trade overnight into Monday for a heads-up on what is going to happen. Banks are important and will likely send the stock market in the same direction they travel next week.
If any of the three metrics turn bearish, Keybot the Quant will likely flip to the short side. The numbers of interest can be pulled from the robot after the Sunday print. XLF 49.91 is the bull/bear line in the sand that controls market direction. XLF finished the week at 49.96 only a nickel bullish so anything can happen on Monday.
No one talked about Friday the 13th today. Probably because of the chaos everywhere. Or maybe they are not superstitious like Stevie in the gang. Funky cool.
6/15/25;
7:00 PM EST =
6/13/25;
3:09 PM EST = +60; signal line
is +45
6/13/25;
2:38 PM EST = +44; signal line
is +44 but algorithm remains long
6/13/25;
10:00 AM EST = +60; signal line
is +44
6/8/25;
7:00 PM EST = +60; signal line
is +43
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