STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the new week of trading is off and stumbling. The bulls are in control but only by one measly point. Flip a coin for the stock market.

Copper stayed in the bull camp all day. Utilities also remained status quo. Chips soiled the sheets. Commodities run higher due to King Donnie's latest proclamation of taking over the Strait of Hormuz and charging ships for passage exactly what we want to fight against Iran from doing. The orange head is clueless. Comically, Iran is mocking Trump for this same obvious reason. What a screw-up. Higher commodities is higher goods inflation is higher oil is higher gasoline is higher food.

Bulls need to prove that they got game by pushing UTIL above 1174 and/or SOX above 12401.

Bears need to pull UTIL below 1121, and/or CPER below 37.80 and/or GTX below 5130. There are a lot of moving parts including retail stocks. Keeping it simple so you can have something to watch, if any 1 of the three turn bearish, and the SPX falls below 7506 heading lower, Keybot the Quant will likely flip short.

All of those parameters are walking a tightrope so Anything Can Happen by pretty Ellie.

Pay attention to SOX (chips) and CPER (copper). Since the algo number is only 1 point above the signal line, with the bulls holding on by a fingernail, the bears may try and jog the chips to get the model to flip negative. If SOX pops back above 12401 with the bulls puffing their chest, but then falls back below 12401 again making bears smile, or perhaps does it a couple times, it may be enough for the algo number to slip below the signal line and cause the quant to flip short so keep that in mind if you see SOX dancing to and fro above and below 12401.

It should be an exciting week ahead in Funkytown.

7/19/26; 7:00 PM EST =
7/17/26; 10:00 AM EST =
7/17/26; 9:00 AM EST =
7/13/26; 12:36 PM EST = +48; signal line is +47
7/13/26; 11:10 AM EST = +64; signal line is +46
7/12/26; 7:00 PM EST = +50; signal line is +46