Keybot the Quant remains short as stocks rally bigtime on Iran War happy talk every 10 minutes. Yesterday looked like a no-brainer. Retail stocks and copper jump into the bull camp out of the gate but oddly, the day went by without the robot flipping long. Same-o today that makes the behavior very bazaar.
The quant remains in position to go long for the last 2 days with the algo number 7 points above the signal line but the internal parameters will not fully latch to permit the move. The robot has a hang-up with the price action of the SPX. Price has to do certain things, that it typically does as normal behavior, but for some reason, it is not cooperating. Things should resolve tomorrow.
Donnie Trump's happy talk about the Iran War rallies equities. Today, King Trump goosed stocks in the morning and then in the afternoon with happy Iran War and Strait of Hormuz talk.
All stock market metrics are joyous. Watch retail stocks, banks, and volatility. Also, UTIL, or DJU, drops to 1135 with 1106 a bull/bear line in the sand. The utilities are sneaking around in the bushes ready to throw eggs at houses and people, but not until UTIL loses 1106. Nobody Told Me.
5/10/26;
7:00 PM EST =
5/8/26;
10:00 AM EST =
5/8/26;
9:00 AM EST =
5/5/26; 9:38 AM EST = +69; signal line is +62
but algorithm remains short
5/5/26; 9:36 AM EST = +53; signal line is +62
5/4/26; 12:02 PM EST = +37; signal line is +62
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