Keybot the Quant remains long. Utilities, retail stocks and banks are the three metrics driving stock market direction currently. XRT 83.23 is the bull/bear line in the sand with price below at 82.54 creating bearishness. The stock market cannot make new record highs unless XRT moves above 83.23. The bulls were pumping retail stocks like madmen on Friday.
The XLF 51.15 palindrome is the line in the sand for the banksters with price at 51.94 creating bullishness in the stock market. Equities will be sliding down the rabbit hole if XLF loses 51.15.
UTIL 1111 and UTIL 1171 are the two key numbers for utilities in the holiday-shortened week ahead. That is a lot of one's. One by 3 Dog Night was a big hit in the late 60's and early to mid 70's. One is the loneliest number that you'll ever do.
UTIL, or DJU, begins Tuesday trading at 1132. Again, the bulls were pumping utes like mad on Friday. They know what they have to do if they want to keep the stock market heading higher. Thus, mathematicians say thus a lot, that is why they are never invited to parties, when trading begins next week, utilities will immediately fall into the bear camp below 1171. Pay close attention to the utes. If the bulls are pumping and utilities are heading strongly higher, that may hint that the 1171 is achievable. If the bears come to play and utes are trading lower on Tuesday, that is likely a very negative sign for stocks ahead.
If retail stocks and banks remain status quo, or weaken, and UTIL begins next week 39 points below its goal that it will at least in the opening minutes, and the SPX trades below 7463 trending lower, Keybot the Quant will likely flip short. Hence, the imminent turn notation remains in the title line. Keybot only sees 1's and 0's so it will be interesting to see how it works out. King Donnie Chumpski says a deal on the Iran War is imminent, or a framework for a deal, so that should impact markets on Tuesday.
Keybot the Quant prints a prescheduled number on Tuesday and the last day of trading for May is Friday. Memorial Day. Taps.
5/31/26;
7:00 PM EST EOM =
5/26/26;
10:00 AM EST =
5/24/26;
7:00 PM EST = +53; signal line
is +39
5/22/26;
10:00 AM EST = +53; signal line
is +39
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