Tuesday, March 17, 2026

STOCK MARKET BEARISH -- SHORT -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains short but wants to flip long. The whipsaw coin-flip stock market continues all year long. Stocks did not want to make any big moves ahead of the big Fed decision tomorrow when Pope Powell brings the tablets down from On High and tells traders how to trade.

Stocks are bullish about 80% of the time going into a Fed decision so traders jumped the gun and were front-running this expectation out of the gate on Monday (yesterday). Interestingly, the Fed meeting sits on the peak of the new moon for the month at 9:23 PM EST tomorrow. Stocks are typically bearish about two-thirds of the time moving through the new moon so that will be interesting to watch as Powell performs his financial tap dance.

The last few days have not changed. Chips and copper are running the show. The algorithm is champing at the bit to go long with the algo number 9 points above the signal line but the internal parameters will not yet fully latch to permit the move. If the SPX, starting at 6716, rallies tomorrow above 6754, Keybot the Quant will likely flip long. That is +38 SPX points so you can watch the futures overnight. It may seem like a lot but the indexes are making moves far bigger and in only the time it takes to grab a cup of coffee or tea. The bulls have it on a platter if they want it.

The semiconductor and copper lines in the sand are SOX 7772 and CPER 35.50, respectively. SOX price is above creating bullishness in the stock market. Mister Copper is back to lying on the gurney and is below the line in the sand creating stock market bearishness. This is why you see the market indecision. The weakness today occurred when SOX dropped to test the line in the sand and then stocks rallied as chips ran higher into the close.

Bulls win big and will likely flip the quant long if the SPX moves above 6754. Bears will prove they can still take stocks far lower if they pull SOX below 7772. If the semiconductors weaken tomorrow, the stock market will probably fall apart to the downside.

Watch chips and copper. And of course pretty Venus was her name. She's got it. It is interesting that the Gen Z's and Gen Alpha's are updating a lot of the 60's and 70's culture and words for themselves. Good on them. They are digging the vibe. Vibe and vibration is from decades ago and used again now. Good Vibrations. Before long, young folks will be saying dig again.

3/22/26; 7:00 PM EST =
3/17/26; 9:36 AM EST = +6; signal line is -3 but algorithm remains short
3/16/26; 11:02 AM EST = +22; signal line is -3 but algorithm remains short
3/16/26; 10:44 AM EST = +6; signal line is -4 but algorithm remains short
3/16/26; 9:48 AM EST = +22; signal line is -3 but algorithm remains short
3/16/26; 9:36 AM EST = +6; signal line is -3 but algorithm remains short
3/15/26; 7:00 PM EST = -10; signal line is -3
3/13/26; 10:00 AM EST = -10; signal line is -2
3/12/26; 2:40 PM EST = -10; signal line is -1
3/12/26; 9:47 AM EST = +6; signal line is +0 but algorithm remains short
3/12/26; 9:00 AM EST = +22; signal line is +1 but algorithm remains short
3/9/26; 3:59 PM EST = +10; signal line is +0 but algorithm remains short

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