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

Keybot the Quant remains short. Semiconductors and commodities are dictating market direction. Watch SOX 473.36 and GTX 4795.  SOX begins the Friday session at 474.31, causing market bullishness, but only 95 cents from failure which would usher in market selling.  GTX is 4779, causing market bearishness, but only 16 bucks from the bull camp which would usher in a strong push higher for equities. Hence, a standoff, and one or the other is going to flinch sending markets in that direction. Note that the algo number and signal line are dead even at 51. The program keeps Keybot on the short side but it is in essence a coin flip. The Friday session is very important. Bears want to see weakness in tech.  Bulls want to see a weaker dollar and stronger commodities.

For the SPX starting at 1697, the bulls need to push up through 1700 and it is smooth sailing higher back to the 1707 and 1710 levels.  The bears need to push under 1688 to accelerate the downside.  A move through 1689-1699 is sideways action. Markets are at an inflection point right now and SOX 473.36 or GTX 4795 points the path forward. Markets remain erratic and unstable. The imminent turn notation is added in the title line since markets are a coin flip right now. At this writing about 3-1/2 hours before the opening bell, the S&P futures point to a drop of about 6 points in the SPX at the bell.

8/11/13; 7:00 PM EST =

8/8/13; 11:40 AM EST = +51; signal line is +51 but algorithm says stay short

8/8/13; 10:10 AM EST = +35; signal line is +51

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short.  The semiconductors broke down today with SOX falling under 473.36 into the bear camp causing market negativity. SOX is now at 471.60.  GTX is 4745 remaining well under the 4795 bull-bear line. Copper explodes higher with JJC over 40 firmly bullish. The algo tracks SOX 473.36 and GTX 4795 as the two key influences on market direction now. Bulls need to regain at least one of these two to stop the market selling, otherwise, markets will drift along with a negative bias. The bears need to push VIX above 14.20 to unleash market mayhem. The bears are driving the bus but markets remain erratic, unstable and indecisive.

8/11/13; 7:00 PM EST =

8/8/13; 10:10 AM EST = +35; signal line is +51

8/7/13; 1:35 PM EST = +51; signal line is +52

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short and tomorrow the algo will decide if it wants to firmly commit to the bear side, or, whipsaw back to the long side. Three parameters control the markets and will determine the fate of equities; JJC 39.00, GTX 4795 and SOX 473.36. JJC starts the Thursday session at 39.08 causing bullishness, GTX is 4788 causing bearishness and SOX is 474.12 causing bullishness. Note that the inflection points are directly where price sits. There will be high drama. JJC is 8 pennies difference, GTX is only 7 bucks and SOX is less than a buck difference at 76 cents. Bears need lower copper (JJC) and semi's (SOX). Bulls need higher commodities (GTX). This is the battle field. Any move by any of the three parameters will send markets in that direction.

For the SPX starting at 1691, the bulls need to push above 1695 to create an upside acceleration. If this occurs watch GTX to see if the bulls receive rocket fuel. The bears need to push under 1685 to accelerate the downside. If this occurs watch JJC and SOX to see if the bears receive rocket fuel. A move through 1686-1694 is sideways action. Markets remain unstable and erratic. The bears are driving the bus but as the above description illustrates, it is a coin flip still yet. Thursday is a very important day. Watch copper trading overnight for an early read on the action.

8/11/13; 7:00 PM EST =

8/7/13; 1:35 PM EST = +51; signal line is +52

8/7/13; 1:16 PM EST = +65; signal line is +52 but algorithm says stay short

SPX Daily Chart Showing Keybot the Quant Algorithm Turns

Keybot the Quant flips to the short side today after the long 6-week uptrend. Note the sideways range at 1610-1675 so pay attention to these levels as time ticks by.  The sideways churn in June wreaks havoc on algo's but Keybot is navigating well. The sideways choppiness is created by the higher volatility.The chart shows the algo turns for 2013 thus far. Pay attention to JJC 39.00 (causing bullishness), GTX 4795 (causing bearishness) and SOX 473.36 (causing bullishness) to determine market direction forward.  The bears are driving the bus as the Thursday session begins. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the session motors along. Two more numbers print. GTX collapsed through the 4795 level which causes market bearishness but JJC is above 39.00 and SOX is above 473.36 creating bullishness. Keep watching these three parameters since they dictate market direction.

8/11/13; 7:00 PM EST =

8/7/13; 1:35 PM EST = +51; signal line is +52

8/7/13; 1:16 PM EST = +65; signal line is +52 but algorithm says stay short

8/7/13; 12:17 PM EST = +49; signal line is +52

8/7/13; 10:55 AM EST = +65; signal line is +52 but algorithm says stay short

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant is short as the activity continues today. Semiconductors gain importance. Watch SOX 473.36 which will add bear fuel to the market downside if it fails. Ditto GTX 4795. The bulls continue to try and move JJC above 39.00; price is now at 38.99 one penny away. The bears are driving the bus but the fight continues for control of the steering wheel. JJC 39.00, GTX 4795 and SOX 473.36 dictate market direction.

8/11/13; 7:00 PM EST =

8/7/13; 12:17 PM EST = +49; signal line is +52

8/7/13; 10:55 AM EST = +65; signal line is +52 but algorithm says stay short

8/7/13; 10:38 AM EST = +49; signal line is +51

8/7/13; 10:26 AM EST = +33; signal line is +52

8/7/13; 9:35 AM EST = +49; signal line is +51; go short 1691; (Benchmark SPX for 2013 = +18.6%)(Keybot this trade = +5.6%; Keybot for 2013 = +13.1%)(Actual this trade = +4.0%; Actual for 2013 = +8.2%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side after the opening bell today at SPX 1691. Copper remains weak but JJC is already recovering, now at 38.85, only fifteen cents from the 39.00 bull-bear line. GTX is 4812 remaining above the 4795 bull-bear line. Stay alert for a whipsaw move either today or tomorrow. So far the bears are pushing lower and the algo finally changes direction after almost 6 weeks of upside. The algo program gained near 6% on the last move while the actual trading gained 4%. The algo exited DIA and entered SDS. Watch JJC 39.00 to see if a whipsaw move occurs.

8/11/13; 7:00 PM EST =

8/7/13; 9:35 AM EST = +49; signal line is +51; go short 1691; (Benchmark SPX for 2013 = +18.6%)(Keybot this trade = +5.6%; Keybot for 2013 = +13.1%)(Actual this trade = +4.0%; Actual for 2013 = +8.2%)

8/6/13; 10:55 AM EST = +49; signal line is +50 but algorithm says stay long

8/6/13; 9:30 AM EST = +65; signal line is +50

8/4/13; 7:00 PM EST = +49; signal line is +50 but algorithm says stay long

8/2/13; 11:55 AM EST = +49; signal line is +50 but algorithm says stay long

8/2/13; 9:30 AM EST = +65; signal line is +49

8/2/13; 9:00 AM EST = +49; signal line is +49 but algorithm says stay long

8/1/13; 11:18 AM EST = +49; signal line is +48

8/1/13; 10:19 AM EST = +65; signal line is +47

8/1/13; 10:04 AM EST = +49; signal line is +46

8/1/13; 9:30 AM EST = +65; signal line is +45

7/31/13; 7:00 PM EST EOM = +49; signal line is +42

7/31/13; 9:50 AM EST = +49; signal line is +41

7/31/13; 9:36 AM EST = +35; signal line is +40 but algorithm says stay long

7/30/13; 10:00 AM EST = +49; signal line is +39

7/30/13; 9:31 AM EST = +50; signal line is +38

7/29/13; 11:06 AM EST = +34; signal line is +37 but algorithm says stay long

7/28/13; 7:00 PM EST = +50; signal line is +36

7/26/13; 10:00 AM EST = +50; signal line is +35

7/24/13; 12:23 PM EST = +50; signal line is +34

7/23/13; 10:57 AM EST = +66; signal line is +33

7/22/13; 11:44 AM EST = +50; signal line is +30

7/22/13; 10:30 AM EST = +66; signal line is +29

7/21/13; 7:00 PM EST = +50; signal line is +27

7/17/13; 10:57 AM EST = +50; signal line is +24

7/17/13; 10:46 AM EST = +36; signal line is +21

7/17/13; 10:34 AM EST = +50; signal line is +19

7/17/13; 9:00 AM EST = +36; signal line is +16

7/16/13; 11:33 AM EST = +36; signal line is +13

7/14/13; 7:00 PM EST = +50; signal line is +11

7/12/13; 10:00 AM EST = +50; signal line is +8

7/10/13; 4:00 PM EST = +49; signal line is +6

7/10/13; 2:37 PM EST = +35; signal line is +3

7/10/13; 2:12 PM EST = +49; signal line is +1

7/8/13; 10:20 AM EST = +35; signal line is -2

7/7/13; 7:00 PM EST = +19; signal line is -3

7/5/13; 9:00 AM EST = +19; signal line is -4

7/3/13; 9:30 AM EST = +19; signal line is -4

7/2/13; 1:38 PM EST = +5; signal line is -3

7/2/13; 9:46 AM EST = +21; signal line is -2

7/1/13; 1:49 PM EST = +5; signal line is -1

6/30/13; 7:00 PM EST EOM EOQ2 EOH1 = +21; signal line is +0

6/28/13; 10:00 AM EST = +21; signal line is +1

6/26/13; 12:59 PM EST = +21; signal line is +1

6/26/13; 12:51 PM EST = +5; signal line is +2

6/26/13; 11:47 AM EST = +21; signal line is +4

6/26/13; 10:55 AM EST = +5; signal line is +5 but algorithm says stay long

6/26/13; 10:42 AM EST = +21; signal line is +6

6/26/13; 10:29 AM EST = +5; signal line is +7 but algorithm says stay long

6/26/13; 9:31 AM EST = +21; signal line is +7; go long 1601; (Benchmark SPX for 2013 = +13.7%)(Keybot this trade = +1.5%; Keybot for 2013 = +7.5%)(Actual this trade = +0.5%; Actual for 2013 = +4.2%)

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. Copper remains in the bear camp (JJC under 39.00).  Volatility remains in the bull camp under VIX 14.20 and GTX is also causing market bullishness above GTX 4795. These three parameters remain key tomorrow. Watch JJC 39.00 since it will tell you market direction. For the SPX starting at 1697, the bulls need to touch the 1706 handle and the upside party will resume. The bears need to push under 1693 and the selling will begin in force. A move through 1694-1705 is sideways action

Keybot was within seconds of flipping short today but the programming rules would not lock in and then the SPX did recover from 1693 to the 1697 close. If JJC stays under 39.00 and the SPX drops under 1693, and remains under, Keybot will likely flip short. If a gap down open occurs of 11 or 12 SPX points or more, this will likely trigger a 90-minute timer that may delay a flip to the bear side. JJC 39.00 tells the story; bulls win above, bears win below. Markets remain very erratic and unstable.

8/11/13; 7:00 PM EST =

8/6/13; 10:55 AM EST = +49; signal line is +50 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long. Copper collapses under 39 but the algo's internal programming rules will not yet line up properly for the bear side. The algo is currently hunting for SPX 1693.29, if this fails, and holds lower for 7 to 10 minutes, Keybot will likely flip short. JJC must stay under 39 (now at 38.94) or the bear case will be nullified. This is a big day for markets. At the same time, watch GTX 4800, now at 4812. If 4800 fails, that should lock in the bear case forward.

8/11/13; 7:00 PM EST =

8/6/13; 10:55 AM EST = +49; signal line is +50 but algorithm says stay long

8/6/13; 9:30 AM EST = +65; signal line is +50

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains bullish, so far today. Keybot prints the first number for the week. The bears cannot catch a break. The last couple days copper was weak but the SPX would not fall. Today, the SPX leaks lower but now copper has recovered back above JJC 39.02, so the bears are left at the altar once again. JJC is now printing 39.04, only two cents above the bull-bear danger line at 39.02 that will usher in increased market negativity. If JJC drops under 39.02, and the SPX drops under 1697, Keybot will likely flip short. If JJC remains above 39.02, the bears got nothing and the broad indexes should recover as the day moves along. Markets remain unstable.

8/11/13; 7:00 PM EST =

8/6/13; 9:30 AM EST = +65; signal line is +50

8/4/13; 7:00 PM EST = +49; signal line is +50 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long as the week begins on a flat note. The bears keep JJC under 39.02, but could not move the SPX under 1701, so they got nothing. The algo continues to track copper as the key parameter dictating market direction as well as commodities and volatility. Watch JJC 39.02, GTX 4800 and VIX 14.20. Copper is causing bearishness while commodities and volatility are creating bullishness, respectively.

For the SPX today, starting at 1707, bulls need to move above 1709 to accelerate the upside while the bears need to push under 1704 to accelerate the downside. A move through 1705-1708 is sideways action and such a tight range that a move either higher or lower is more likely. If JJC stays under 39.02, and the SPX drops under 1704, and stays under, Keybot will likely flip short, hence the imminent turn notation remains in the title line. However, in early trading, as this missive is typed, copper is up 1% and would send JJC to 39.30-ish at the opening bell crushing any bear hope. Markets remain erratic and unstable. Futures indicate a slightly down open at this time but bulls have no worries if copper moves higher.

8/11/13; 7:00 PM EST =

8/4/13; 7:00 PM EST = +49; signal line is +50 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is long moving into the Monday session but, as evidenced by the algo number under the signal line, wants to go short. The internal programming rules have not yet lined up properly to trigger the move to the short side. One of the major parameters the bears need is the SPX dropping under 1701 in Monday trading. Thus, if JJC stays under 39.02, and the SPX drops under 1701, and stays under 1701, Keybot will likely flip to the bear side. If copper is bullish overnight and JJC moves above 39.02, the market bulls are fine and will have an easy Monday ahead. VIX 14.25 remains a key level the bears need to initiate significant market selling.  GTX 4790 is also important and will add bear fuel if it fails.

For the SPX starting at 1710, closing at the highs on Friday, the bulls only need a tiny smidge of green showing in the overnight futures and it is off to the races higher once again with the SPX moving up into the mid 1710's on its way to a print above 1720 moving forward. The bears must push under 1701 to begin a downside acceleration into the 1690's. A move through 1702-1709 is sideways action for Monday. The algo does not print any pre-scheduled numbers this week. The broad indexes remain very erratic and unstable. JJC 39.02, SPX 1710 and 1701 will tell the market story.

8/11/13; 7:00 PM EST =

8/4/13; 7:00 PM EST = +49; signal line is +50 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long through the weekend but the algo wants to go short; the algo number is under the signal line. Thus, if the SPX drops under 1700, and other internal rules click into place, Keybot will likely flip short. If the SPX gaps down on Monday morning about 11 points or more, this would delay the move to the short side for about 90 minutes. The bears have it within their grasp. The key metric affecting market direction right now is copper. Watch JJC 39.02. Other areas and levels of interest can be identified for next week once the Sunday pre-scheduled number prints tomorrow. The imminent turn notation is added in the title line. Monday is an important session and copper will tell the story overnight Sunday. Bulls win if copper moves higher. Bears win if copper moves lower.

8/4/13; 7:00 PM EST =

8/2/13; 11:55 AM EST = +49; signal line is +50 but algorithm says stay long

8/2/13; 9:30 AM EST = +65; signal line is +49

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long although the algo wants to flip short again. This is the fourth time this week the algo threatens to move to the bear side. JJC fell back under 39.02 to help the bears out today and discourage the bulls. However, volatility is crushed with the VIX down at 12.11 so the bears cannot develop any energy. The battle of copper and volatility, JJC 39.02 and VIX 14.26, will continue into next week. If the SPX would collapse into the closing bell and drop under 1690, Keybot will likely flip short, however, this is a tall order and the markets will likely prefer to dribble out sideways into the weekend with an upward buoyancy. The bears and bulls have a truce until JJC 39.02 or VIX 14.26 makes a decision and sends markets in that respective direction.

8/4/13; 7:00 PM EST =

8/2/13; 11:55 AM EST = +49; signal line is +50 but algorithm says stay long

8/2/13; 9:30 AM EST = +65; signal line is +49

8/2/13; 9:00 AM EST = +49; signal line is +49 but algorithm says stay long

8/1/13; 11:18 AM EST = +49; signal line is +48

8/1/13; 10:19 AM EST = +65; signal line is +47

8/1/13; 10:04 AM EST = +49; signal line is +46

8/1/13; 9:30 AM EST = +65; signal line is +45

7/31/13; 7:00 PM EST EOM = +49; signal line is +42

7/31/13; 9:50 AM EST = +49; signal line is +41

7/31/13; 9:36 AM EST = +35; signal line is +40 but algorithm says stay long

7/30/13; 10:00 AM EST = +49; signal line is +39

7/30/13; 9:31 AM EST = +50; signal line is +38

7/29/13; 11:06 AM EST = +34; signal line is +37 but algorithm says stay long

7/28/13; 7:00 PM EST = +50; signal line is +36

7/26/13; 10:00 AM EST = +50; signal line is +35

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The pre-scheduled number results in the algo wanting to go short again but the internal programming rules are not lined up properly for the move. Copper is up today and at the opening bell JJC jumps above the 39.02 bull-bear line so the bulls are not worried about any initial market weakness today. Higher copper will provide upside fuel for equities. Volatility is pushed lower which will also help the bulls. SPX is at 1704. Bulls need to touch 1708 to ignite the upside. Bears got nothing unless they can push JJC back under 39.02.

8/4/13; 7:00 PM EST =

8/2/13; 9:30 AM EST = +65; signal line is +49

8/2/13; 9:00 AM EST = +49; signal line is +49 but algorithm says stay long

8/1/13; 11:18 AM EST = +49; signal line is +48

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish. The bulls send markets higher after pushing utilities higher a couple weeks ago (UTIL), then semiconductors, remember the drama with SOX a few days ago, then with commodities where GTX failed at 4785 only to recover and now catapult over 4900. These bullish moves send the SPX to new all-time highs and brings the markets to a battle of copper versus volatility. Copper is strong the last couple days after China pledges to maintain high growth rates. JJC moved above the 39.02 bull-bear line today but then closed below remaining in the bear camp. It is surprising to see the SPX sustain today's move even though copper leaked lower. For tomorrow, same-o deal, bulls need JJC 39.02 and bears need VIX 14.26.

For the SPX starting at a new all-time high at 1707, the bulls need to touch the 1708 handle and it is off to the races higher once again. Typically after a big up day, or down day, markets will tend to move sideways to absorb some of that power. The bears need to retrace the big up move and push under 1690 to regain their mojo. In these markets, anything can happen. A move through 1691-1707 is sideways action. Keybot prints a pre-scheduled number tomorrow morning before the opening bell so the action can be updated at that time. Despite the euphoric rally, the algo number is only one-point from the signal line. Markets remain erratic, unstable and are not to be trusted.

8/2/13; 9:00 AM EST =

8/1/13; 11:18 AM EST = +49; signal line is +48

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as an active day for the algo continues. Copper is having trouble deciding between the bull and bear camps. JJC drops under 39.02 back in the bear camp. Markets should float higher if JJC moves above 39.02 and should sell off if JJC is under 39.02. The caution flag is listed again since the algo number and signal line are now only one-point difference.

8/2/13; 9:00 AM EST =

8/1/13; 11:18 AM EST = +49; signal line is +48

8/1/13; 10:19 AM EST = +65; signal line is +47

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as JJC oscillates to and fro along the 39.02 bull-bear line in the sand. The SPX prints a new all-time high at 1704.97. The bulls are cruising but markets remain unstable.

8/2/13; 9:00 AM EST =

8/1/13; 10:19 AM EST = +65; signal line is +47

8/1/13; 10:04 AM EST = +49; signal line is +46

8/1/13; 9:30 AM EST = +65; signal line is +45

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. Copper is the winner today breaking the sideways log jam the last few days in favor of the bulls. Watch JJC 39.01, now at 39.10 creating market bullishness. VIX dropped under 13 at the opening bell and now sits at 13.02 well under the 14.26 the bears need. The SPX breaks up through 1698.50 at the opening bell which accelerates price to a HOD at 1702.25, new all-time highs. The bulls are on cruise control again so the caution flag is removed. Bears got nothing unless they first push JJC back under 39.01.

8/2/13; 9:00 AM EST =

8/1/13; 9:30 AM EST = +65; signal line is +45

7/31/13; 7:00 PM EST EOM = +49; signal line is +42

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The EOM pre-scheduled print results in a one tick move higher for the signal line now closing the gap to 7 points from the algo number. The bears were pushing this morning with the GTX 4785 failure but the bulls quickly recovered. How does Keybot know these key numbers and areas of interest ahead of time? The algo is tracking several items but the current status can be boiled down to copper versus volatility, much like things were a week or so ago. Bulls will win with higher copper. Copper made a big move higher today. Bears will win with higher volatility. Watch JJC 38.95 and VIX 14.26, respectively. JJC is 38.31 only 64 cents away from handing the bulls a victory to SPX 1700+. VIX is 13.45 slapped around on a daily basis, kept lower to enable the broad indexes to remain buoyant. If VIX prints above 14.26, that will confirm the downside ahead for equities and Keybot will likely flip short.

For the SPX for Thursday, starting at 1686, the bulls need to move above 1698 to launch an upside acceleration above 1700+ in a heartbeat. The bears need to push under 1685, only one point lower, to accelerate the downside. Watch the futures overnight since only a smidge of red with the S&P's will embolden the bears as the opening bell nears. A move through 1686-1697 is sideways action. As today's behavior shows, markets remain very indecisive and unstable. Bulls win with JJC 38.95. Bears win with VIX 14.26. The battle of copper versus volatility and one will flinch. If copper remains weak, and volatility remains low, the current status quo, the markets continue sideways with a slight upward bias. 

8/2/13; 9:00 AM EST =

7/31/13; 7:00 PM EST EOM = +49; signal line is +42

7/31/13; 9:50 AM EST = +49; signal line is +41

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as the algo prints two numbers to begin the Thursday session.  The algo keeps indicating it wants to go short but other internal programming rules will not line up to trigger the move, so the bulls recover again. GTX 4785 failed this morning but has since recovered. SOX explodes higher. VIX flat. SPX is attacking the 1692-1693 resistance area trying to punch through for an upside acceleration. If GTX drops back under 4785, this will place a damper on any market upside. If SOX, VIX and GTX remain bullish as previously described, the markets will continue to float higher.

7/31/13; 7:00 PM EST EOM =

7/31/13; 9:50 AM EST = +49; signal line is +41

7/31/13; 9:36 AM EST = +35; signal line is +40 but algorithm says stay long

7/30/13; 10:00 AM EST = +49; signal line is +39

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The bulls pumped semiconductors yesterday allowing the markets to remain elevated. Watch SOX 471.20, VIX 14.26 and GTX 4785. All three are creating market bullishness. Any change to the bear camp will immediately weaken markets. The algo is also tracking JJC 39.00. Copper is firmly bearish creating market negativity. The bulls need stronger copper and utilities to move equities higher.

For the SPX starting the Thursday session at 1686, the bulls need to push above 1693 and that will accelerate a move higher to 1700. The bears need to push under 1682.50 to accelerate the downside. A move through 1683-1692 is sideways action. Keybot prints a pre-scheduled number this evening after the market closes. July ends today. The bulls are in charge and bears got nothing unless they can push semiconductors and commodities lower, or, volatility higher. Markets remain unstable, erratic and indecisive.

7/31/13; 7:00 PM EST EOM =

7/30/13; 10:00 AM EST = +49; signal line is +39

7/30/13; 9:31 AM EST = +50; signal line is +38

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. SOX jumped back above 471.15 so the bulls remain in charge. Watch SOX 471.15, VIX 14.26 and GTX 4785, all three are creating market bullishness. The SPX heads higher unless one of these three parameters reverse. SPX is attacking the 1691-1692 trying to break up through. SOX is now running strongly higher towards 474 so that will send markets higher. The imminent turn notation is removed from the title line but markets remain dicey. Pay attention to SOX 471.15 and GTX 4785.

7/31/13; 7:00 PM EST EOM =

7/30/13; 10:00 AM EST = +49; signal line is +39

7/30/13; 9:31 AM EST = +50; signal line is +38

7/29/13; 11:06 AM EST = +34; signal line is +37 but algorithm says stay long

7/28/13; 7:00 PM EST = +50; signal line is +36

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is long but wants to flip to the short side. After the opening bell, if the SPX drops through 1682 and stays under for 7 to 10 minutes, Keybot will likely flip short. If there is a gap down at the opening bell of about 12 points or more, the algo will likely not flip short since a timer will probably kick in that will prevent the move for about 90 minutes time. If the SOX moves back above 471.15, all bets are off for the bears, the bulls will be back on easy street.  SOX begins at 469.97 causing market bearishness. Watch VIX 14.26; now at 13.39 causing market bullishness. Watch GTX 4785; now at 4835 causing market bullishness. If VIX or GTX flip to the bear camp, equities will weaken and head lower for an extended period of time.

For the SPX starting at 1685, the bulls need to move above 1691 and that will start the trek to 1700 again. The bears need to push under 1682 to accelerate the downside. A move through 1683-1690 is sideways action. Futures show a bounce on tap of 2 to 4 SPX points but the opening bell for the daily session remains about four hours away. The bears have it in their grasp. Today is an important day. Bears win if they keep SOX under 471.15 and push SPX under 1682. Bulls win if they move SOX back above 471.15. Keybot prints a pre-scheduled number at 10 AM so the action can be updated at that time.

7/31/13; 7:00 PM EST EOM =

7/30/13; 10:00 AM EST =

7/29/13; 11:06 AM EST = +34; signal line is +37 but algorithm says stay long

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant remains long as the markets meander through the day. Semi's failed today at SOX 471.15 (use this number rather than the 470.70 mentioned previously) which ushers in the market negativity. Right now SOX is wrestling at 471.15 deciding if it will make a come back or if it will collapse.  The algo number is under the signal line so Keybot is ready to trigger to the short side but is held back since other internal programming rules are not yet satisfied. One of the main criteria today is that the SPX needs to print under 1676 to trigger the move to the short side but the LOD thus far is 1681.86 remaining five points above.

Watch SOX 471.15 since this will directly tell you if equities will move higher, or lower, into  the closing bell. If SOX stays under 471.15, and the SPX drops under 1676, Keybot will likely flip to the short side, hence, the imminent turn notation is in the title line. Bears are making a move but they still do not have all the juice they need. VIX is 13.43 near the lows for today well under the 14.26 bull-bear line in the sand continuing to help the bulls. Bears will definitely lock in the market downside if VIX exceeds 14.26. If SOX moves back above 471.15 and VIX stays under 14.26, the bulls will not be too worried and the algo number should recover higher.

7/30/13; 10:00 AM EST =

7/29/13; 11:06 AM EST = +34; signal line is +37 but algorithm says stay long

7/28/13; 7:00 PM EST = +50; signal line is +36

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long moving into the new week of trading. The algo is tracking volatility, semiconductors, utilities, copper and commodities with volatility and semi's the top tier influences on market direction currently. Watch VIX 14.18 (now causing bullishness), SOX 470.70 (now causing bullishness), UTIL 481.30 (now causing bullishness), UTIL 528.03 (now causing bearishness), JJC 39.20 (now causing bearishness) and GTX 4785 (now causing bullishness).  Bulls need higher copper and utilities but both sectors remain challenged. Bears need lower semiconductors and higher volatility but they are not cooperating either. Hence, markets stutter sideways. Semiconductors provided drama on Friday and this may continue on Monday so SOX 470.70 is key. Any change to any parameter listed above will immediately send equities in that respective direction.

For the SPX starting at 1692, closing at the highs, the bulls only need a smidge of green in the futures overnight tonight and the SPX will jump to test 1696, then 1699, and then 1700+. The bears need to keep the futures negative and push under 1676 after the opening bell, Friday's low, a formidable task but not impossible, to accelerate the downside. A move through 1677-1691 is sideways action for Monday. The bulls are cruising but weakness in semiconductors (monitor $SOX and SMH), should it occur, will be a game changer to the bear side.  Keybot prints three pre-scheduled numbers this week one each on Tuesday, Wednesday evening and Friday. Markets remain erratic, indecisive and unstable.

8/4/13; 7:00 PM EST =

8/2/13; 9:00 AM EST =

7/31/13; 7:00 PM EST EOM =

7/30/13; 10:00 AM EST =

7/28/13; 7:00 PM EST = +50; signal line is +36

7/26/13; 10:00 AM EST = +50; signal line is +35

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long through the weekend. Copper collapsed helping the bear case. Ditto semiconductors which teased the SOX 470.70 failure line in the sand, but bounced. Bulls crushed volatility, VIX under 13, to send markets higher into the closing bell. Semiconductors are very important for next week. The algo's areas of interest and price levels can be identified once the Sunday pre-scheduled number prints tomorrow.

7/28/13; 7:00 PM EST =

7/26/13; 10:00 AM EST = +50; signal line is +35

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains bullish as the pre-scheduled number results in a one-point bump higher for the signal line. JJC remains under 39.22 causing market bearishness. VIX remains under 14.18 causing market bullishness. SOX remains above 470.70 causing market bullishness. Thus, since none of these three parameters will make a decision, equities stagger along sideways. The SPX is assuming the sideways range through 1681-1690 thus far today now printing 1684. Watch semiconductors, they are looking shaky; SOX now printing 472.11 with a LOD at 471.59 thus far, only a couple points from failure.

7/28/13; 7:00 PM EST =

7/26/13; 10:00 AM EST = +50; signal line is +35

7/24/13; 12:23 PM EST = +50; signal line is +34

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long moving into the Friday session. Copper and volatility remain the two key influences on market direction. JJC is jumpy moving higher into the closing bell yesterday which carried equities higher. Likewise, volatility was beaten into the closing bell creating market lift. Watch JJC 39.22 and VIX 14.18. JJC is only pennies away from moving into the bull camp and creating market upside, however, copper is trading down near -1% in early trading. Bulls win with JJC 39.22. Bears win with VIX 14.18.

The algo is also tracking semiconductors. Watch SOX 470.70 as the bull-bear line in the sand. Equities will weaken and a clear selling pattern will begin if semiconductors lose the SOX 470.70 level. For the SPX today starting at 1690, the bulls have the easy road, only needing one point after the opening bell, to punch up through 1691 and the SPX begins the trek to 1700+ again. The bears need to push under 1680 to accelerate the downside. A move through 1681-1690 is sideways action to end the week. S&P futures are -4 as this missive is typed. Keybot prints a pre-scheduled number at 10 AM so the action can be updated at that time.

7/28/13; 7:00 PM EST =

7/26/13; 10:00 AM EST =

7/24/13; 12:23 PM EST = +50; signal line is +34

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long moving into the Thursday session. Copper and volatility continue to dictate market direction. Watch JJC 39.21 (now below causing bearishness) and VIX 14.18 (now below causing bullishness). The algo is now tracking several other parameters that are starting to impact market direction, in order of importance; semiconductors, commodities and utilities, SOX 470.90, GTX 4785 and UTIL 481.25 and 523.32. SOX price is above the number listed causing market bullishness, ditto GTX. UTIL is at 499.70 between the two key numbers listed. Bulls need to move UTIL above 523.32 and bears need to move below 481.25. Any changes to any of the parameters above will immediately send markets in that same direction.

For the SPX starting at 1686, the bulls need to move above 1698 to accelerate the upside while the bears need to move below 1683 to accelerate the downside. A move through 1684-1697 is sideways action. JJC 39.21 is the most important parameter currently affecting market direction. Watch copper overnight since that will likely dictate broad market direction for Thursday. If JJC stays under 39.21, the top may be in for the SPX. If one of the parameters above flip to the bear camp, Keybot may flip to the short side. Markets remain unstable. 

7/26/13; 10:00 AM EST =

7/24/13; 12:23 PM EST = +50; signal line is +34

7/23/13; 10:57 AM EST = +66; signal line is +33

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long but the drop in copper through JJC 39.21 creates concern for bulls. Copper is back in the bear camp causing market negativity. VIX is 13.44 at the highs for the day now only 74 cents from the 14.18 bull-bear line. The algo is now tracking (in addition to copper and volatility) utilities, semiconductors and commodities with interest.  UTIL fell through 500 today to 498. Bulls need to push UTIL above 523 while bears need to push under 482. SOX is 476 and a drop under 471 will add bear fuel. GTX is 4867 and a drop under 4785 will add bear fuel.

The SPX dropped under 1691 this morning so a downside acceleration occurs with a LOD at 1682.58 printing as this is missive is typed. The behavior today warrants the caution flag to return. The markets will grow very ugly and Keybot may flip short if the VIX jumps above 14.18. Markets remain very unstable.

7/26/13; 10:00 AM EST =

7/24/13; 12:23 PM EST = +50; signal line is +34

7/23/13; 10:57 AM EST = +66; signal line is +33

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains bullish. Copper popped yesterday supplying more bull fuel. Watch JJC 39.21; now at 39.47 creating bullishness. Watch VIX 14.18; now at 12.66 creating bullishness. Markets will continue floating higher with JJC above 39.21.

For the SPX starting at 1692 for the Wednesday session, the bulls need to touch the 1699 handle and an upside acceleration into the low 1700's is a given. The bears have the easier road for today only needing one point lower, to drop under 1691, to create a downside acceleration. A move through 1692-1698 is sideways action. S&P futures are +4 at this writing about five hours before the opening bell. The bulls are driving the bus and the copper buoyancy is a big plus for further upside, however, markets remain unstable. 

7/26/13; 10:00 AM EST =

7/23/13; 10:57 AM EST = +66; signal line is +33

7/22/13; 11:44 AM EST = +50; signal line is +30

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bears sent JJC back under 39.21 just before lunch time yesterday which marked the SPX high for the day, and new all-time high, near 1698. The bulls maintain buoyancy in markets by beating volatility lower now well under the VIX 14.18 bull-bear line in the sand. Market bears got nothing unless volatility rises. Watch JJC 39.21 as the key metric determining market direction in the Tuesday session. Early trading shows lower copper.

For the SPX starting at 1695.53, a new all-time closing high, the bulls need to touch the 1698 handle and a quick move above 1700 will occur. The bears need to push under 1691 to accelerate the downside. A move through 1692-1697 is sideways action. S&P futures are +3 at this writing about four hours before the U.S. open which would place the SPX on track to touch the 1698 level. The bulls are cruising without concern mainly due to the two-day beating of volatility.

7/26/13; 10:00 AM EST =

7/22/13; 11:44 AM EST = +50; signal line is +30

7/22/13; 10:30 AM EST = +66; signal line is +29

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and receives more upside fuel due to the SPX starting the day on the plus side as well as JJC (copper) surpassing 39.21. The markets will continue higher to SPX 1700 if JJC stays above 39.21. If JJC drops back under 39.21, equities will begin drifting lower again.  VIX ran over 13 but now is back under so lower volatility also means more upside market fuel. The SPX is printing new all-time highs today above 1696. Watch JJC 39.21 closely. The bulls are in full control to begin the week.

7/26/13; 10:00 AM EST =

7/22/13; 10:30 AM EST = +66; signal line is +29

7/21/13; 7:00 PM EST = +50; signal line is +27

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the new week of trading. The bulls remain on easy street.  To gain further market upside fuel, the bulls need to send JJC (copper) above 39.26 and/or UTIL (utilities) above 523.32.  To stop the upside market rally and initiate selling, the bears must push volatility above VIX 14.19 and/or UTIL under 481.00. If UTIL stays between 481 and 423, and JJC stays under 39.26, and VIX remains under 14.19, markets should float along sideways with a slight upward bias.

For the SPX starting at 1692, closing at the highs, the bulls only need to see a smidge of green in the futures overnight, and the upside will accelerate several SPX handles after the opening bell. The bears need to push under 1684 to accelerate the downside which will likely drop price to the mid 1670's in quick order. A move through 1685-1691 is sideways action for Monday. Keybot prints one pre-scheduled number this week on Friday morning. Despite the lead by the bulls, the markets remains highly unstable and erratic.

7/28/13; 7:00 PM EST =

7/26/13; 10:00 AM EST =

7/21/13; 7:00 PM EST = +50; signal line is +27

7/17/13; 10:57 AM EST = +50; signal line is +24

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long through the weekend. Volatility was crushed Friday which was an immediate tell that the market downside had no legs. Next week, the bulls need higher copper to gain strength and move the SPX above 1700. The bears continue to need higher volatility to create market selling but the VIX is firmly in the bull camp. The bulls are cruising. The areas and levels of interest for next week can be identified once the Sunday pre-scheduled number prints.

7/21/13; 7:00 PM EST =

7/17/13; 10:57 AM EST = +50; signal line is +24

STOCK MARKET BULLISH -- LONG

Note:  The Site is Experiencing Intermittent Interruptions due to Ongoing Pennsylvania Storms

Keybot the Quant remains bullish moving into the Friday session. Watch VIX 14.19. The bulls rule with volatility under 14.19 but bears will growl above 14.19. For the SPX starting at 1689, the bulls need to move above 1693 and an upside acceleration will occur that tags the psychological 1700 level. The bears need to push under 1681 to accelerate the downside. A move through 1682-1692 is sideways action today. The bulls continue driving the bus. Markets remain erratic, indecisive and unstable.

7/21/13; 7:00 PM EST =

7/17/13; 10:57 AM EST = +50; signal line is +24

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the Thursday session. Volatility dances on each side of the critical VIX 14.19 bull-bear line in the sand causing the algo to oscillate and ratchet up the signal line. The higher the signal line the easier it is for the bears to regain market control. For now, the bulls continue to drive the bus. Bulls need to push JJC (copper) above 39.25 or UTIL (utilities) above 514.73 to gain further upside strength. The bears need to push VIX (volatility) above 14.19 or they got nothing.

For the SPX starting at 1681, the bulls need to touch the 1685 handle and an immediate test of the all-time high at 1687 will occur which will give way and send price into the 1690's. The bears need to push under 1678 to accelerate the downside to the 1672 support. A move through 1679-1684 is sideways action. VIX 14.19 dictates market direction.

7/21/13; 7:00 PM EST =

7/17/13; 10:57 AM EST = +50; signal line is +24

7/17/13; 10:46 AM EST = +36; signal line is +21

7/17/13; 10:34 AM EST = +50; signal line is +19

7/17/13; 9:00 AM EST = +36; signal line is +16

STOCK MARKET BULLISH -- LONG

Keybot the Quant is bullish and the pre-scheduled number results in no change to the algo number and a three-point increase in the signal line. Watch VIX 14.20, UTIL 515, SPX 1684 and SPX 1672.

7/21/13; 7:00 PM EST =

7/17/13; 9:00 AM EST = +36; signal line is +16

7/16/13; 11:33 AM EST = +36; signal line is +13

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long.  VIX 14.20 is key since markets will weaken if volatility remains elevated but will strengthen if the VIX drops under 14.20. In addition to lower volatility, the bulls need to push JJC (copper) above 39.25 and/or UTIL (utilities) above 514.73 to receive upside fuel that lights the way to SPX 1700+. If volatility remains elevated and copper and utes are flat or lower, then markets drift sideways to sideways lower moving forward.

For the SPX starting at 1676, the bulls need to push 8 points higher, to touch the 1684 handle, and an upside acceleration will occur testing the all-time high at 1687 which would likely give way and send price into the 1690's. The bears need to push under the 1672 support, about 4 points lower, to create a downside acceleration that will attack the strong 1669 and 1666 support levels.  A move through 1673-1683 is sideways action. A pre-scheduled number prints at 9 AM, one-half hour before the Wednesday open, so the action can be updated at that time. The bulls are driving the bus.

7/21/13; 7:00 PM EST =

7/17/13; 9:00 AM EST =

7/16/13; 11:33 AM EST = +36; signal line is +13

7/14/13; 7:00 PM EST = +50; signal line is +11

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains bullish as the algo prints the first number for the week sending the algo number lower and signal line higher. VIX moves above the 14.20 bull-bear line in the sand now creating market bearishness. The bulls continue driving the bus and markets remain erratic and unstable.

7/17/13; 9:00 AM EST =

7/16/13; 11:33 AM EST = +36; signal line is +13

7/14/13; 7:00 PM EST = +50; signal line is +11

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains bullish and the algo motors along on Monday without printing any numbers. The bulls are driving the bus and will gain further upside fuel if either UTIL 514.73 or JJC 39.25 is attained. The bears can stop the rally if VIX moves above 14.20. If VIX stays under 14.20, UTIL under 514.73 and JJC under 39.25, the markets will continue to float sideways with a slight upward bias.

For the SPX today starting at 1682.50, the bulls need to push above 1684.50 and the all-time high at 1687 will be attacked quickly with a move into the 1690's likely. The bears need to push under 1678, about four points lower, to stop the rally and initiate market selling. A move through 1679-1682 is sideways action for Tuesday and considering this is such a tight range, price will likely choose a side. VIX 14.20 is key and bulls have no worries with VIX under 14.

7/21/13; 7:00 PM EST =

7/17/13; 9:00 AM EST =

7/14/13; 7:00 PM EST = +50; signal line is +11

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long heading into the new week of trading. Volatility remains key. The bulls will send markets higher with VIX under 14.27. Bears need to move VIX above 14.27 or they got nothing. The bulls need to either move UTIL (utilities) above 514.73, or, to move JJC (copper) above 39.45, both are formidable tasks, to receive upside market fuel. If VIX remains under 14.27 and the bulls cannot send utilities or copper higher, markets will stumble sideways.

For the SPX starting at 1680 closing on the highs, the bulls only need to see a smidge of green in the futures overnight and that will light the path to several more handles of upside. The bears must keep the futures negative and push under 1672 when the opening bell rings, 8 points lower, to regain their mojo. A move through 1673-1679 is sideways action for Monday. Keybot prints one pre-scheduled number this week on Wednesday. The bulls are cruising without worry. Watch VIX 14.27.

7/21/13; 7:00 PM EST =

7/17/13; 9:00 AM EST =

7/14/13; 7:00 PM EST = +50; signal line is +11

7/12/13; 10:00 AM EST = +50; signal line is +8

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long through the weekend. Bears do not have a chance without raising volatility. VIX 14.27 remains important. VIX drifted lower late afternoon Friday closing at 13.84 which created the thrust in the SPX into the closing bell. The algo's areas and levels of interest can be identified for next week once the Sunday pre-scheduled number prints tomorrow. The bulls print new all-time closing highs in the SPX two consecutive days and are cruising along without worry.

7/14/13; 7:00 PM EST =

7/12/13; 10:00 AM EST = +50; signal line is +8

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The pre-scheduled number results in a one-tick increase in the algo number with the bulls remaining comfortably ahead.  VIX is 13.95 so the bears do not have the gusto to move above 14.27, at least not yet. Conversely, the SPX has not yet punched above 1677 so the action is sideways so far. The bulls are driving the bus. 

7/14/13; 7:00 PM EST =

7/12/13; 10:00 AM EST = +50; signal line is +8

7/10/13; 4:00 PM EST = +49; signal line is +6

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains bullish and idled along in the Thursday session without printing any numbers. The bulls are fighting to push copper, JJC above 39.47, if so, that will lead the way to SPX 1700. The bears are fighting to push volatility, VIX, above 14.27, if so, that will signal a return of market selling. For the SPX starting at 1675, a new all-time closing high, the bulls need to touch the 1677 handle and it will be off to the races higher with price targeting the all-time high at 1687.  The bears need to retrace yesterday's move which is a difficult task so they will focus on pushing volatility higher to lock in market weakness moving forward. A move through 1658-1676 is sideways action today. The bulls are cruising. Pay attention to VIX 14.27 since it is the main rudder for the market ship in the Friday session. Keybot prints a pre-scheduled number this morning after the opening bell so the action can be updated at that time.

7/14/13; 7:00 PM EST =

7/12/13; 10:00 AM EST =

7/10/13; 4:00 PM EST = +49; signal line is +6

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The bulls are cruising without worry. The futures point to a strongly higher opening today. The market bears got nothing unless they can increase volatility back above VIX 14.27. The bulls will be targeting copper today to push JJC above 39.20 to create further upside market fuel. Copper is up +3% this morning about four hours in front of the opening bell for equities, so this would place JJC in the vicinity of 38.90, shy of the 39.20 bull-bear line in the sand, but very near it.

For the SPX today starting at 1653, the bulls need to touch the 1658 handle to accelerate the upside, and the futures point in that direction. Price should run higher to test 1666 and 1669 resistance. Bulls need to push JJC above 39.20 to continue the upside party. Bears need to push VIX above 14.27 to initiate market selling. Markets remain erratic and unstable. The bulls are in full control with the algo number 43 points above the signal line.

7/14/13; 7:00 PM EST =

7/12/13; 10:00 AM EST =

7/10/13; 4:00 PM EST = +49; signal line is +6

7/10/13; 2:37 PM EST = +35; signal line is +3

7/10/13; 2:12 PM EST = +49; signal line is +1

7/8/13; 10:20 AM EST = +35; signal line is -2

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long and idled along yesterday without printing any numbers. Volatility was the key yesterday receiving another beating lower which allows the stock market to move higher. Watch VIX 14.27 in the Wednesday session. VIX begins at 14.35 only eight pennies on the bear side. If VIX drops under 14.27, the broad indexes will move far higher. If VIX 14.27 holds, and volatility heads higher again, the markets will sell off.

For the SPX starting at 1652, the bulls only need two points to continue the party, to push up through 1654, and an upside acceleration will occur with a trek to 1666 likely. The bears need to push under 1643 to accelerate the downside which will target 1636 quickly. A move through 1644-1653 is sideways action. The bulls are cruising. Watch VIX 14.27 since it will likely decide market direction for the days ahead.

7/12/13; 10:00 AM EST =

7/8/13; 10:20 AM EST = +35; signal line is -2

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long moving into the Tuesday session. The algo is tracking three parameters which are affecting broad market direction; UTIL 480.40 (now at 483.22 creating market bullishness), SOX 462.50 (now at 466.50 creating market bullishness) and VIX 14.28 (now at 14.78 creating market bearishness). Thus, the bulls need to push VIX under 14.28 to signal continued strong upside ahead. The bears need to push either UTIL under 480.40, or SOX under 462.50, to stop the rally and initiate market selling.

For the SPX today starting at 1640, the bulls need to touch the 1645 handle and an upside acceleration will occur which will slice through 1647 resistance and immediately test the strong 1649-1650 resistance. The bears need to push lower to the 1634 handle to accelerate the downside. A move through 1635-1644 is sideways action today. Thus, both bulls and bears need about 5 or 6 handles in their respective direction to accelerate the move in that direction. The S&P futures are +6 at this writing about 3 hours before the opening bell. The bulls are cruising with the algo number 37 points above the signal line and this will increase if the bulls can drop volatility. UTIL 480.40 and VIX 14.28 will dictate broad market direction today.

7/12/13; 10:00 AM EST =

7/8/13; 10:20 AM EST = +35; signal line is -2

7/7/13; 7:00 PM EST = +19; signal line is -3

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long as a new trading week is underway and the algo prints a number to further bolster the bull case. Utilities recovered today with UTIL moving above the 480.38 bull-bear line in the sand creating bull fuel for the broad indexes. The SPX receives the smidge of positivity at the opening bell so a multi-handle upside acceleration results. Watch UTIL 480.38 today. If UTIL stays above, now at 482.10, the bulls will rule the day. If UTIL drops back under 480.38, the bears will growl and the broad indexes will weaken. The bulls are running with the algo number a comfortable 37 points above the signal line so the caution flag is put away.

7/14/13; 7:00 PM EST =

7/12/13; 10:00 AM EST =

7/8/13; 10:20 AM EST = +35; signal line is -2

7/7/13; 7:00 PM EST = +19; signal line is -3

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long moving into the new week of trading. To gain upside fuel, the bulls need to push UTIL (utilities) above 480.72 and/or push VIX (volatility) below 14.25. The bears need to push GTX (commodities) under 4736 to establish broad market selling. For the SPX starting at 1632, closing at the highs, the bulls only need to see a smidge of positivity in the S&P futures and it is off to the races higher after the opening bell to test the strong 1636 resistance, and then onward to the 1649-1650 level if 1636 gives way.  The bears need to reverse Friday's big upside move, a formidable task, but not at all impossible, and push under 1615 to accelerate the downside. A move through 1616-1631 is sideways action to begin the week. The bulls are cruising. Keybot prints one pre-scheduled number this week on Friday morning.

7/14/13; 7:00 PM EST =

7/12/13; 10:00 AM EST =

7/7/13; 7:00 PM EST = +19; signal line is -3

7/5/13; 9:00 AM EST = +19; signal line is -4

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long through the weekend. The pre-scheduled number yesterday results in no change and the algo idled along without printing any numbers. The drop in volatility from 22 to under 15 over the last few days has provided the market bulls with upside oomph. Volatility, utilities and commodities are of key interest to the algo currently, VIX, UTIL and GTX, respectively, and the levels of interest can be identified once the Sunday pre-scheduled number prints tomorrow. The algo number is 23 points above the signal line providing the bulls a comfortable position moving forward although the markets remain erratic and unstable.

7/7/13; 7:00 PM EST =

7/5/13; 9:00 AM EST = +19; signal line is -4

7/3/13; 9:30 AM EST = +19; signal line is -4

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long through the Independence Day holiday today. The bulls push commodities, GTX, above 4735 which creates upside market buoyancy. In addition to GTX 4735, the algo is tracking UTIL 480.75 (utilities) and JJC 39.75 (copper). UTIL and JJC are creating market negativity so the bulls need to push one or both of these parameters above the levels shown and the broad indexes will continue higher with the SPX up into the high 1620's moving higher. The bears need to keep UTIL and JJC negative while pulling GTX back under 4735 and the broad indexes will sell off.

For the SPX, starting Friday morning at 1615, the bulls need to touch the 1619 handle which will result in an upside acceleration to test 1626-1627 resistance. The bears need to push under 1605 to accelerate the downside to test 1598-1600 support, then 1593. A move through 1606-1618 is sideways action for Friday, however, considering that the U.S. will need to react to the BOE and ECB decisions, as well as the Monthly Jobs Report, a strong move either into the high 1620's, or low 1600's is likely. GTX 4735, UTIL 480.75 and JJC 39.75 will dictate the market direction. Markets remain erratic, unstable and indecisive. For now, the bulls continue to drive the bus.  The imminent turn notation is removed from the title line although continued caution is required in these volatile markets and especially at the Friday opening bell. Happy Independence Day.

7/7/13; 7:00 PM EST =

7/5/13; 9:00 AM EST =

7/3/13; 9:30 AM EST = +19; signal line is -4

7/2/13; 1:38 PM EST = +5; signal line is -3

STOCK MARKET BULLISH -- LONG -- CAUTION -- TURN MAY BE IMMINENT

Keybot the Quant is long but the turmoil in Egypt  Portugal and Greece is rattling global markets. The algo is tracking UTIL 480.75, GTX 4735, XLF 19.26, SOX 459.80 and RTH 51.65. Utilities and commodities are causing market negativity so the bulls need to regain the UTIL and/or GTX levels. Financials, semi's and retail sectors are creating market bullishness so the bears need to push these three parameters under the levels shown. If either XLF, SOX or RTH loses the level above, and the SPX drops under 1607, Keybot will likely flip short so the imminent turn notation is added to the title line above. The S&P futures are -12 at this writing about five hours ahead of the U.S. open.

For the SPX starting at 1614, the bulls need to push above 1624 today to accelerate the upside but this does not appear on tap for the holiday-shortened session. Markets close at 1 PM EST. The bears need to push under 1607 to accelerate the downside and the futures currently point in this direction. A move through 1608-1623 is sideways action. Markets are erratic and unstable.

7/5/13; 9:00 AM EST =

7/2/13; 1:38 PM EST = +5; signal line is -3

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long as utilities oscillate above and below the 480.75 bull-bear danger line. UTIL is 479.46 creating market negativity. Retail (RTH) and financials (XLF), however, remain in the bull camp. Thus, markets are losing altitude but the bulls are not worried, yet.

7/5/13; 9:00 AM EST =

7/2/13; 1:38 PM EST = +5; signal line is -3

7/2/13; 9:46 AM EST = +21; signal line is -2

7/1/13; 1:49 PM EST = +5; signal line is -1

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The market bulls can regain their upside mojo if they move UTIL back above 480.74 (now at 479.61 causing market bearishness). The bears need to either push the XLF under 19.25 or RTH under 51.60 to accelerate the downside selling in equities. For the SPX, starting at 1615, the bulls need to touch the 1627 handle and the market upside will accelerate, and UTIL will be well above 480.74 again. The bears need to push under 1610 to accelerate the downside. A move through 1611-1626 is sideways action. If XLF or RTH fails the levels above, and the SPX drops under 1610, it is very likely that Keybot would flip to the short side. If UTIL moves above 480.74, equities will be moving higher all day long.

7/5/13; 9:00 AM EST =

7/1/13; 1:49 PM EST = +5; signal line is -1

STOCK MARKET BULLISH - -LONG -- CAUTION

Keybot the Quant remains long as the steam comes out of today's rally due to UTIL failing under 480.74 and joining the bear camp. Keep an eye on this moving forward. RTH and XLF remain in the bull camp. The algo number and signal line are now only six ticks difference.

7/7/13; 7:00 PM EST =

7/5/13; 9:00 AM EST =

7/1/13; 1:49 PM EST = +5; signal line is -1

6/30/13; 7:00 PM EST EOM EOQ2 EOH1 = +21; signal line is +0