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

Keybot the Quant flips to the short side today after munch time at SPX 7095. VIX catapulted skyward sending stocks lower. No sooner does the robot flip short that it already is champing at the bit to go long again. The whole year is choppy pig slop.

The SPX pints a new all-time record high today at 7147.78 that is only 26 pennies above the all-time high last Friday at 7147.52. The SPX then ends the day down at 7108. That is like the marathon runner that struggles and staggers the last 100 yards of the race to cross the finish line where he grabs his chest and then kills over from a massive coronary.

Anyhoo, tomorrow will dictate if the bears got legs or if the bulls cut the legs out from under the bears. The algo number is above the signal line by 11 points. If the bulls can push the SPX to a new all-time high above 7166 before 1 PM EST tomorrow, or above 7147 after that, Keybot the Quant will probably flip back to the long side.

The bears need higher volatility to immediately exert their dominance. Bears need VIX above 19.74, and for it to stay above, and they will create a selling path ahead for equities. Bulls win with SPX above 7147 and/or 7166, while bears win with VIX above 19.74. If it is status quo, then stocks will stumble and stagger sideways like the drunks in Times Square on Saturday night. Keybot prints a prescheduled number tomorrow.

On the last trade, that ran for 4 weeks, the algo program gains a huge +9% and the actual trading gains a big +6%. For the year thus far, the benchmark S&P 500 is up +4%, the quant program is up +4%, and the actual trading generated by the quant is up +2%. Not too exciting but the metrics are finally positive on the year after almost 4 months. The quant is not designed to catch exact tops and bottoms but that was a perfect call to go long on the final day of March. Keybot exited DIA and entered PSQ remaining in the single ETF's until the prior whipsaw timer expires in a few days (then the algo will return to the 2x ETF's). The DIA underperformed during the rally but gains are gains.

The chop suey continues. Volatility is all that matters. Bulls will cheer and throw confetti if the VIX drops while the bears will celebrate with songs and dance if volatility rises. Chop Suey. 

4/26/26; 7:00 PM EST =
4/24/26; 10:00 AM EST =
4/23/26; 3:12 PM EST = +68; signal line is +57 but algorithm remains short
4/23/26; 3:05 PM EST = +54; signal line is +57
4/23/26; 2:08 PM EST = +68; signal line is +57 but algorithm remains short
4/23/26; 1:16 PM EST = +54; signal line is +57; go short 7095 (Benchmark SPX for 2026 = +3.6%)(Keybot algo this trade = +8.7%; Keybot algo for 2026 = +4.1%)(Actual results this trade = +6.2%; Actual results for 2026 = +2.1%)
4/23/26; 6:31 AM EST = +68; signal line is +58
4/23/26; 6:10 AM EST = +54; signal line is +57 but algorithm remains long
4/23/26; 5:53 AM EST = +68; signal line is +55
4/23/26; 5:09 AM EST = +54; signal line is +53
4/21/26; 3:51 PM EST = +68; signal line is +51
4/21/26; 3:42 PM EST = +54; signal line is +48
4/21/26; 3:06 PM EST = +68; signal line is +47
4/21/26; 11:40 AM EST = +54; signal line is +44
4/20/26; 4:26 AM EST = +68; signal line is +42
4/20/26; 4:06 AM EST = +54; signal line is +39
4/19/26; 7:00 PM EST = +68; signal line is +37
4/13/26; 2:01 PM EST = +68; signal line is +34
4/13/26; 1:17 PM EST = +54; signal line is +32
4/13/26; 12:32 PM EST = +68; signal line is +29
4/13/26; 12:31 PM EST = +52; signal line is +27
4/13/26; 9:53 AM EST = +38; signal line is +24
4/13/26; 9:39 AM EST = +22; signal line is +22 but algorithm remains long
4/13/26; 9:36 AM EST = +38; signal line is +20
4/13/26; 3:06 AM EST = +54; signal line is +17
4/12/26; 7:00 PM EST = +68; signal line is +14
4/10/26; 3:58 PM EST = +68; signal line is +11
4/10/26; 3:56 PM EST = +54; signal line is +7
4/10/26; 3:41 PM EST = +38; signal line is +4
4/10/26; 3:28 PM EST = +54; signal line is +1
4/10/26; 3:20 PM EST = +68; signal line is -1
4/10/26; 11:44 AM EST = +54; signal line is -4
4/10/26; 10:00 AM EST = +68; signal line is -6
4/10/26; 9:36 AM EST = +68; signal line is -9
4/8/26; 9:36 AM EST = +54; signal line is -10
4/6/26; 2:15 PM EST = +6; signal line is -14
4/6/26; 2:04 PM EST = -8; signal line is -15
4/6/26; 1:28 PM EST = +6; signal line is -16
4/6/26; 1:18 PM EST = -8; signal line is -17
4/6/26; 9:48 AM EST = +6; signal line is -17
4/5/26; 7:00 PM EST = -8; signal line is -17
4/3/26; 9:00 AM EST = -8; signal line is -17
4/1/26; 2:08 PM EST = -8; signal line is -17
4/1/26; 11:12 AM EST = +6; signal line is -17
4/1/26; 9:36 AM EST = -8; signal line is -17
3/31/26; 7:00 PM EST EOM EOQ1 = -10; signal line is -17
3/31/26; 3:37 PM EST = -10; signal line is -16; go long 6526 (Benchmark SPX for 2026 = -4.7%)(Keybot algo this trade = -0.5%; Keybot algo for 2026 = -4.6%)(Actual results this trade = -0.5%; Actual results for 2026 = -4.1%)