STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long after an uneventful week. The quant is idling along only printing the prescheduled number last week with the bulls in full control taking the stock market to new record heights. The algo number is only 9 points above the signal line.

The all-time record high is 6600.21 on Friday, 9/12/25. Ding, ding, ding. The screenprinter was rushed to print the "SPX 6.6K" hats and in his haste slipped during the delivery dropping the caps into a mud puddle on Wall and Broad. The all-time closing high is 6587.47 on 9/11/25.

Banks, copper, commodities and volatility are running the show with Dr Copper the only metric causing negativity in the stock market right now. Bulls need CPER above 29.23 to continue the upside joy in equities and new record highs. Copper moving into the bull camp would be a big deal.

On the other side, bears need XLF below 52.70, GTX below 3784, and/or VIX above 17.60, any one will do, to created market mayhem. Interestingly, the CPER, XLF and GTX parameters are each about 2% away from the bull/bear lines in the sand. Copper needs to gain about +2% to signal bullish joy while banks or commodities need to drop about -2% each to create market negativity.

Thus, check copper futures overnight to see if they are up over +2% to signal more bullish fun ahead. Also, watch volatility because a VIX moving above 17.60 will lock-in downside misery for stocks.

The table is set. It is copper versus banks. Two enter the cage match but only one will exit. If only one of the three bullish metrics turn bearish, and if the SPX drops below 6579 moving lower, Keybot the Quant will likely flip short.

The robot prints one prescheduled number this week on Wednesday morning the same day that Fed Chairman Powell will bring the tablets down from On High to tell global traders how to trade (rate decision and press conference). The bulls are smiling joyously expecting stocks to continue higher and higher. Watch the banks. Make Me Smile.

9/21/25; 7:00 PM EST =
9/17/25; 9:00 AM EST =
9/14/25; 7:00 PM EST = +44; signal line is +35
9/12/25; 10:00 AM EST = +44; signal line is +35
9/7/25; 7:00 PM EST = +44; signal line is +35