Keybot the Quant remains short but the robot is champing at the bit to go long with the algo number 7 points above the signal line. The internal parameters would not fully latch to permit the flip to the long side yet so here we sit through the Presidents Day holiday on Monday. Stocks will trade again on Tuesday.
Utilities are having an orgy party. The move was obscene last week and no one talks about it. The action in utilities will help create ongoing buoyancy in stocks. The four parameters that are controlling stock market direction now are retail stocks, banks, volatility, and, ...... wait for it...... wait a bit longer .... copper. Metals have been in the bull camp so it is interesting to see that they may be running out of gas.
Utes, retail stocks and copper are creating stock market bullishness. Banks and volatility are creating bearishness. Retail stocks rallied on Friday that helped to keep the broad stock market buoyant.
2/15/26;
7:00 PM EST =
2/13/26;
11:54 AM EST = +24; signal line is +17 but algorithm remains short
2/12/26;
11:12 AM EST = +8; signal line is +17
2/12/26;
9:36 AM EST = +24; signal line is +16 but algorithm remains short
2/12/26;
8:54 AM EST = +8; signal line is +16
2/12/26;
8:46 AM EST = +22; signal line is +16 but algorithm remains short
2/11/26;
2:52 PM EST = +8; signal line is +16
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