STOCK MARKET BEARISH -- SHORT -CAUTION

Keybot the Quant flips to the short side at SPX 2109. Utilities failed today with the trap door opening. Watch UTIL 581.90. Price failed at this level then recovered today then failed again. After the UTIL trap-door opened, the SPX fell from 2103 to 2089, 14 handles, in the afternoon. UTIL 581.90 tells you the market direction answer on Wednesday morning. UTIL begins at 580.68 in the bear camp. Bulls must push UTIL above 581.90 and close the trap-door or they are in trouble.

For the SPX starting at 2089, the bulls only need one point lower, under 2088 and the downside selling will accelerate several handles. The bulls need to push above 2115 to get their mojo back. A move through 2089-2114 is sideways action for Wednesday.

On the last trade, the algorithm and actual trading each gain a smidge. Keybot exits SPY and enters RWM. Markets remain erratic and unstable.

5/10/15; 7:00 PM EST =

5/8/15; 9:00 AM EST =

5/5/15; 12:53 AM EST = +33; signal line is +50

5/5/15; 12:22 PM EST = +49; signal line is +52

5/5/15; 11:23 AM EST = +33; signal line is +52

5/5/15; 9:54 AM EST = +49; signal line is +54; go short 2109; (Benchmark SPX for 2015 = +2.4%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = -0.9%)(Actual results this trade = +0.2%; Actual results for 2015 = -1.1%)

5/5/15; 9:39 AM EST = +49; signal line is +55 but algorithm remains long

5/3/15; 7:00 PM EST = +65; signal line is +56

5/1/15; 2:11 PM EST = +65; signal line is +55; go long 2106; (Benchmark SPX for 2015 = +2.3%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = -1.0%)(Actual results this trade = +2.0%; Actual results for 2015 = -1.3%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant is long to begin the new week of trading. Markets will likely continue the roller coaster ride. Bulls need RTH above 76.25 to take stocks to new record highs again. Bears need to push XLF under 24.19 and/or SOX under 698.10 to get their mojo back. If retail stocks remain bearish and financials and semi's bullish, equities will stagger sideways with an upward bias.

For the SPX starting at 2108, the bulls need any amount of positivity in the S&P futures and that will accelerate the SPX several handles higher. The market bears must keep the S&P futures negative overnight. The bears also need to retrace Friday's upside and push under 2087 to accelerate the downside. A move through 2088-2107 is sideways action to begin the week.

Keybot prints one pre-scheduled number this week on Friday morning.

5/10/15; 7:00 PM EST =

5/8/15; 9:00 AM EST =

5/3/15; 7:00 PM EST = +65; signal line is +56

5/1/15; 2:11 PM EST = +65; signal line is +55; go long 2106; (Benchmark SPX for 2015 = +2.3%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = -1.0%)(Actual results this trade = +2.0%; Actual results for 2015 = -1.3%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant performs another about-face on Friday flipping back to the bull side at SPX 2106 just when it looked like the bears may have legs. Financials and semiconductors push the stock market higher. Bulls will need higher retail stocks to continue the path higher for equities. Bears need lower financials and semiconductors. Potential key areas and levels for next week can be identified once the Sunday pre-scheduled number prints.

The Benchmark S&P 500 is up +2.3% this year. The Keybot algorithm program gains a fraction on the last trade. The algo exits RWM and enters SPY. The underperformance in small caps was a big benefit for the small cap ETF. As always, stay alert for a whipsaw back to the short side especially in these erratic, unstable, choppy markets.

5/3/15; 7:00 PM EST =

5/1/15; 2:11 PM EST = +65; signal line is +55; go long 2106; (Benchmark SPX for 2015 = +2.3%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = -1.0%)(Actual results this trade = +2.0%; Actual results for 2015 = -1.3%)

5/1/15; 10:05 AM EST = +65; signal line is +55 but algorithm remains short

5/1/15; 10:00 AM EST = +49; signal line is +55

5/1/15; 9:36 AM EST = +49; signal line is +56

4/30/15; 7:00 PM EST EOM = +33; signal line is +57

4/30/15; 2:31 PM EST = +33; signal line is +58

4/30/15; 11:05 AM EST = +49; signal line is +59

4/30/15; 10:06 AM EST = +33; signal line is +58

4/29/15; 10:04 AM EST = +49; signal line is +59

4/29/15; 9:57 AM EST = +65; signal line is +60 but algorithm remains short

4/29/15; 9:36 AM EST = +49; signal line is +60

4/28/15; 3:38 PM EST = +65; signal line is +60 but algorithm remains short

4/28/15; 2:44 PM EST = +51; signal line is +60

4/28/15; 11:06 AM EST = +65; signal line is +61 but algorithm remains short

4/28/15; 10:31 AM EST = +49; signal line is +60

4/28/15; 10:15 AM EST = +33; signal line is +59

4/28/15; 10:00 AM EST = +49; signal line is +59

4/28/15; 9:56 AM EST = +52; signal line is +58

4/27/15; 3:52 PM EST = +38; signal line is +58

4/27/15; 3:20 PM EST = +54; signal line is +58; go short 2109; (Benchmark SPX for 2015 = +2.4%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = -1.1%)(Actual results this trade = -0.7%; Actual results for 2015 = -3.3%)

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short. Financials gave up the ghost (XLF under 24.19) causing the flush in stocks into the closing bell. Bulls need XLF above 24.19 to get their mojo back. Bears need to push UTIL under 581 to create another leg lower for the stock market (see previous message for more color on the utilities).

For the SPX starting at 2086 on Friday, the bulls need to touch the 2106 handle and bingo, an upside accelerations will occur. The bears need to push the SPX under 2078 to create a downside acceleration. A move through 2079-2105 is sideways action to end the week. Stocks will remain weak into the weekend if the XLF stays under 24.19. If XLF moves above 24.19 a recovery rally will occur into the weekend. Focus on XLF 24.19; it is key to the broad stock market direction. Bulls need strong banks and bears want to see weak banks.

5/3/15; 7:00 PM EST =

5/1/15; 10:00 AM EST =

4/30/15; 7:00 PM EST EOM = +33; signal line is +57

4/30/15; 2:31 PM EST = +33; signal line is +58

4/30/15; 11:05 AM EST = +49; signal line is +59

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short as stocks continue a jumpy sideways path. The SPX is fighting above and below the 2100 level. The fight is between semiconductors and retail stocks in the bear camp against financials in the bull camp. One of these three parameters will likely flip sides identifying the path ahead for the stock market. The market bulls need either SOX above 698 or RTH above 76.30 to get their mojo back. The bears need to push XLF under 24.19 and another leg lower will occur for the broad indexes.

The utility trap-door is in play. Watch UTIL 580.79. This is the 50-week MA a level that is watched by market participants for decades. Many algorithm's, Keybot included, have the utility sector's 50-week MA programmed into their models. UTIL is currently printing 583.87. If the 580-581 fails, a trap-door typically opens and within say one-half hour's time a drop will begin that will quickly flush the broad stock market lower, sometimes into free fall. The SPX would likely lose 20 to 30 handles in a heartbeat. So keep a close eye on UTIL 581; bulls must hold this level with all their might, otherwise, they will crumble.

The beat goes on. XLF is 24.25 only six pennies from creating strong broad market selling pressure.

5/1/15; 10:00 AM EST =

4/30/15; 7:00 PM EST EOM =

4/30/15; 11:05 AM EST = +49; signal line is +59

4/30/15; 10:06 AM EST = +33; signal line is +58

4/29/15; 10:04 AM EST = +49; signal line is +59

4/29/15; 9:57 AM EST = +65; signal line is +60 but algorithm remains short

4/29/15; 9:36 AM EST = +49; signal line is +60

4/28/15; 3:38 PM EST = +65; signal line is +60 but algorithm remains short

4/28/15; 2:44 PM EST = +51; signal line is +60

4/28/15; 11:06 AM EST = +65; signal line is +61 but algorithm remains short

4/28/15; 10:31 AM EST = +49; signal line is +60

4/28/15; 10:15 AM EST = +33; signal line is +59

4/28/15; 10:00 AM EST = +49; signal line is +59

4/28/15; 9:56 AM EST = +52; signal line is +58

4/27/15; 3:52 PM EST = +38; signal line is +58

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short this afternoon at SPX 2109. Bulls need either XLF above 24.19, GTX above 3213 and SOX above 698.90 to stage a comeback rally. XLF sits smack-dab on 24.19. Bears need RTH under 76.43 or JJC under 32.65 to gain more downside strength.

For the SPX starting at 2109, the bears need to push under 2107 to create a several handle downside acceleration. Bulls need to push above 2126 to get their mojo back. Markets are very erratic and unstable. Keybot is short from SPX 2109 and that is where price sits to begin the Tuesday session. Watch the banks; as XLF goes, so goes the markets.

4/28/15; 10:00 AM EST =

4/27/15; 3:52 PM EST = +38; signal line is +58

4/27/15; 3:20 PM EST = +54; signal line is +58; go short 2109; (Benchmark SPX for 2015 = +2.4%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = -1.1%)(Actual results this trade = -0.7%; Actual results for 2015 = -3.3%)

4/27/15; 1:37 PM EST = +54; signal line is +58 but algorithm remains long

4/27/15; 12:01 PM EST = +68; signal line is +58

4/27/15; 11:27 AM EST = +84; signal line is +57

4/27/15; 10:52 AM EST = +70; signal line is +55

4/27/15; 9:56 AM EST = +84; signal line is +55

4/26/15; 7:00 PM EST = +68; signal line is +55

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

Keybot the Quant begins the new week of trading remaining on the long side. The week ahead should be very interesting. The bulls need higher semiconductors, to push the SOX above 700 (now at 694 creating market bearishness), to create more upside juice.

The bears need either GTX under 3212 (now at 3220 causing market bullishness) or XLF under 24.17 (now at 24.28 causing market bullishness) or JJC under 32.61 (now at 32.88 causing market bullishness) to create market negativity so watch commodities, financials and copper, respectively. If any one of the three parameters turn bearish, and the SPX drops under 2113, and both remain under the target levels, Keybot will likely flip short, hence the imminent turn notation in the title line. Keep an eye on copper trading overnight.

For the SPX starting at 2118, the bulls need to touch the 2121 handle and bingo, the upside will accelerate well into the mid perhaps upper 2120's. The bears need to push under 2113 to accelerate the downside. A move through 2114-2120 is sideways action to begin the week.

Keybot prints three pre-scheduled numbers this week one on Tuesday morning, one on Thursday evening for EOM and one on Friday morning. Watch GTX 3212 closely since this will likely provide the most direct indication of broad stock market direction after the opening bell.

5/3/15; 7:00 PM EST =

5/1/15; 10:00 AM EST =

4/30/15; 7:00 PM EST EOM =

4/28/15; 10:00 AM EST =

4/26/15; 7:00 PM EST = +68; signal line is +55

4/24/15; 2:31 PM EST = +68; signal line is +54

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

Keybot the Quant remains long through the weekend. The algo was very active on Friday mainly due to erratic behavior in commodities. GTX overcame the important 3212 bull-bear line identified by Keybot closing at 3220 which guaranteed the market upside happiness.

The imminent turn notation is in play since the bears can quickly turn the tables with lower commodities, financials or copper. The areas and levels of interest to the algo can be identified once the pre-scheduled number prints tomorrow.

4/26/15; 7:00 PM EST =

4/24/15; 2:31 PM EST = +68; signal line is +54

4/24/15; 1:55 PM EST = +54; signal line is +53

4/24/15; 11:47 AM EST = +68; signal line is +53

4/24/15; 10:07 AM EST = +54; signal line is +53

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo prints three numbers out of the gate this morning. Semiconductors and commodities weaken while copper strengthens. Financials are soft. Keybot is tracking four parameters as the most influential concerning market direction; SOX 700, GTX 3212, JJC 32.59 and XLF 24.17. Market bears need to push XLF under 24.17 and/or JJC under 32.59 to develop downside energy. Bulls need to push SOX above 700 and/or GTX above 3212 to gain upside juice. If all four parameters remains status quo, stocks will slide sideways into the weekend with a slight upward bias.

The algo number is only one point away from the signal line highlighting the ongoing bull-bear struggle. Further, the algo hit +84 after the opening bell which is essentially an overbot condition since the algorithm, at its heart, is an oscillator. Flip a coin; stocks can go either way. If one of the parameters listed above turn bearish, and the SPX drops under 2103, Keybot will likely flip short. If one of the two parameters above turn bearish consider the imminent turn status to be in play.

GTX pushes above 3212 as this is typed supplying bull juice so focus on this parameter as the most important for now. Bulls win with GTX above 3212 and bears win with GTX under 3212. Before the editing is finished on this message, GTX is back under 3212 to 3210. Keep an eye on it.

4/26/15; 7:00 PM EST =

4/24/15; 10:07 AM EST = +54; signal line is +53

4/24/15; 9:43 AM EST = +68; signal line is +53

4/24/15; 9:36 AM EST = +84; signal line is +53

4/23/15; 10:42 AM EST = +68; signal line is +52

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo prints one number today. The bulls run higher fueled by stronger commodities and a rise in copper. The battle on Friday will be between commodities and copper. Watch the GTX 3212 bull-bear line in the sand. The GTX ran above this level creating the bullishness today so the bears must send it back under. Watch JJC 32.58. JJC is under at 32.31 causing market bearishness so bulls need JJC above 32.58 to light the way higher. The stock market will likely move in the same direction as copper tomorrow so watch how it trades overnight.

For the SPX at 2113, the bulls need to push above 2020 to accelerate the upside. The bears need to push under 2103 to accelerate the downside. A move through 2104-2019 is sideways action to end the week. Bears need GTX under 3212 and XLF under 24.17 or they got nothing.

4/26/15; 7:00 PM EST =

4/23/15; 10:42 AM EST = +68; signal line is +52

4/22/15; 10:33 AM EST = +54; signal line is +52

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long. The algo was teasing a move to the short side this morning with the SPX moving under 2094 but price would not remain weak so Keybot remained long. Then financials recover with XLF above 24.17 so the bears got slapped in the face. For Thursday, the bears need XLF under 24.17 or they got nothing. If XLF drops under 24.17 and the SPX drops under 2091, Keybot will likely flip short. If XLF drops under 24.17 consider the imminent turn to be in play.

For the SPX starting at 2108, the bulls need to touch the 2110 handle and bingo, the upside will accelerate. The bears need to push under 2091 to accelerate the downside. A move through 2092-2109 is sideways action for Thursday. The algo number is only 2 points from the signal line so the bulls and bears keep fighting it out. Watch XLF 24.17; the banks are ruling the roost and currently the top parameter affecting market direction.

4/26/15; 7:00 PM EST =

4/22/15; 10:33 AM EST = +54; signal line is +52

4/21/15; 1:39 PM EST = +38; signal line is +51 but algorithm remains long

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

Keybot the Quant remains long and printed one number during the Tuesday session. The algo is champing at the bit to go short but the internal programming rules did not completely latch so Keybot remains long. If the SPX drops under 2094 in the Wednesday session, Keybot will likely flip short hence the imminent turn notation in the title line. If stocks gap down at the Wednesday open, a timer may activate preventing a flip to the downside for about 90 minutes.

Copper was weak today creating the downward bias in stocks today. Ditto financials. Bulls need XLF above 24.17 and that is the signal for party time for the upside again. Bulls are in trouble if XLF stays under 24.17. The bears need to push utilities, semiconductors or retail stocks lower to gain more downside fuel. Bears need either SOX under 700 and/or RTH under 76.08 to create market negativity.

If UTIL drops under 578.60 (now at 585.80 causing market bullishness), a trap-door will likely open and there is high probability the stock market would drop like a stone, into free-fall, say within 30 minutes time. Bulls must hold UTIL above 578.60 or they will likely lose control of the stock market. This level and scenario will remain valid for several days forward. 

For the SPX starting at 2097, the bears need to push under 2094 to accelerate the downside and Keybot will likely flip short. The bulls need to touch the 2110 handle and the upside will accelerate. A move through 2095-2109 is sideways action. Bulls need stronger banks or they are in trouble.

4/26/15; 7:00 PM EST =

4/21/15; 1:39 PM EST = +38; signal line is +51 but algorithm remains long

4/20/15; 2:07 PM EST = +54; signal line is +51

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant whipsaws back to the long side at SPX 2096 after this morning's open. The financials, semiconductors and retail stocks flip bullish causing the algo to flip back long creating a whipsaw. Copper weakened during the stock market up day. Note that the algo number is only 3 points from the signal line so Keybot may flip back to the short side tomorrow.

Bulls need either JJC above 32.60 (now only one penny under) or GTX above 3214 to continue the upside party. Bears need either RTH under 76.08, XLF under 24.17 or SOX under 700 to stop the upside market rally, any one will do. If one of the three turns bearish and the SPX drops under 2084, Keybot will likely flip short.

For the SPX starting at 2100, the bulls need to touch the 2104 handle and bingo, the upside will accelerate. The bears need to push under 2084 to accelerate the downside. A move through 2085-2103 is sideways action for Tuesday.

For the last trade only one day in duration, the algo lost -0.5% on both the computer program and the actual trading. Keybot exited SH and entered SPY. The algo will remain in the single ETF's until at least 5/26/15 due to the whipsaws and continued sideways choppy market action. Watch copper closely; bulls are happy with higher copper and bears are happy with lower copper.

4/26/15; 7:00 PM EST =

4/20/15; 2:07 PM EST = +54; signal line is +51

4/20/15; 12:52 PM EST = +70; signal line is +51

4/20/15; 12:42 PM EST = +54; signal line is +49

4/20/15; 11:04 AM EST = +70; signal line is +48

4/20/15; 10:15 AM EST = +54; signal line is +48

4/20/15; 9:38 AM EST = +70; signal line is +48; go long 2096; (Benchmark SPX for 2015 = +1.8%)(Keybot algo this trade = -0.5%; Keybot algo for 2015 = -1.7%)(Actual results this trade = -0.5%; Actual results for 2015 = -4.0%)

4/20/15; 9:36 AM EST = +54; signal line is +47 but algorithm remains short

4/19/15; 7:00 PM EST = +22; signal line is +46

4/17/15; 11:18 AM EST = +22; signal line is +47

4/17/15; 10:56 AM EST = +36; signal line is +48

4/17/15; 10:41 AM EST = +52; signal line is +47 but algorithm remains short

4/17/15; 10:25 AM EST = +36; signal line is +47

4/17/15; 10:00 AM EST = +52; signal line is +46 but algorithm remains short

4/17/15; 9:56 AM EST = +50; signal line is +46 but algorithm remains short

4/17/15; 9:47 AM EST = +36; signal line is +45; go short 2086; (Benchmark SPX for 2015 = +1.3%)(Keybot algo this trade = +0.6%; Keybot algo for 2015 = -1.2%)(Actual results this trade = +0.5%; Actual results for 2015 = -3.5%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips to the short side after Friday morning's opening bell at SPX 2086. A breakdown in semiconductors and retail stocks and then financials in the afternoon sends stocks lower.

The bears need to push UTIL under 578.60 (now at 583.28 causing market bullishness) to gain further downside strength. If UTIL drops through 578.60, this will open up a trap-door in the stock market with stocks going into free fall in short order. The bulls must defend the UTIL 579-ish level with all their might otherwise, market carnage will result.

The bulls have an easy road to recover if they can push XLF above 24.17 (now at 24.13 causing market negativity). Four pennies can tick by on the opening print on Monday morning. Bulls will also recover with GTX moving above 3214.65 (now at 3193 causing market negativity). Commodities were very quiet for the last few weeks remaining a negative influence on stocks but copper and commodities move higher desiring to help the bull case. If XLF moves above 24.17 and GTX above 3215-ish, the bulls will have a big come-back rally in play recovering Friday's losses. Since the XLF is within four cents of the critical bull-bear line at 24.17, focus on the banks. As go the financials, so goes the market.

The SPX benchmark index is up +1.3% on the year. On the last trade, the computer algorithm and the actual trading each gain about one-half percent. Keybot exits SPY and enters SH. The algo remains in single ETF's due to the choppy sideways whipsaw market activity this year. Keybot does not print any pre-scheduled numbers for the week ahead. Watch utilities, financials and commodities. XLF 24.17 is the strongest current influence on market direction; bears win below and bulls win above.

4/26/15; 7:00 PM EST =

4/19/15; 7:00 PM EST =

4/17/15; 11:18 AM EST = +22; signal line is +47

4/17/15; 10:56 AM EST = +36; signal line is +48

4/17/15; 10:41 AM EST = +52; signal line is +47 but algorithm remains short

4/17/15; 10:25 AM EST = +36; signal line is +47

4/17/15; 10:00 AM EST = +52; signal line is +46 but algorithm remains short

4/17/15; 9:56 AM EST = +50; signal line is +46 but algorithm remains short

4/17/15; 9:47 AM EST = +36; signal line is +45; go short 2086; (Benchmark SPX for 2015 = +1.3%)(Keybot algo this trade = +0.6%; Keybot algo for 2015 = -1.2%)(Actual results this trade = +0.5%; Actual results for 2015 = -3.5%)

4/17/15; 9:36 AM EST = +36; signal line is +45 but algorithm remains long

4/16/15; 9:00 AM EST = +68; signal line is +46

4/15/15; 1:30 PM EST = +68; signal line is +45

4/15/15; 9:36 AM EST = +52; signal line is +44

4/14/15; 10:00 AM EST = +36; signal line is +44 but algorithm remains long

4/14/15; 9:36 AM EST = +52; signal line is +44

4/12/15; 7:00 PM EST = +68; signal line is +43

4/9/15; 12:52 PM EST = +68; signal line is +43

4/9/15; 10:43 AM EST = +52; signal line is +43

4/9/15; 10:28 AM EST = +68; signal line is +43

4/8/15; 9:38 AM EST = +52; signal line is +43

4/7/15; 3:56 PM EST = +36; signal line is +42 but algorithm remains long

4/6/15; 10:21 AM EST = +52; signal line is +42; go long 2074; (Benchmark SPX for 2015 = +0.7%)(Keybot algo this trade = -0.5%; Keybot algo for 2015 = -1.8%)(Actual results this trade = +0.1%; Actual results for 2015 = -4.0%)

STOCK MARKET BULLISH -- LONG

Keybot the Quant remains long. The erratic choppy sideways move in markets continues in 2015. The bulls are cruising. Bears need weaker financials and copper to create selling pressure, XLF under 24.16 and JJC under 32.36, respectively. Otherwise, bulls will keep floating the indexes higher. If either parameter turns bearish, the caution flag will be out. The banks begin reporting earnings this week directly impacting XLF.

For the SPX starting at 2102, the bulls need to touch the 2103 handle and an upside acceleration of several points will occur. Thus, watch the S&P futures to see if there is any positivity overnight. The bears need to push under 2092 to create a downside acceleration. A move through 2093-2102 is sideways action to begin the new week of trading. Keybot prints two prescheduled numbers this week one on Thursday morning and one on Friday morning.

4/19/15; 7:00 PM EST =

4/17/15; 10:00 AM EST =

4/16/15; 9:00 AM EST =

4/12/15; 7:00 PM EST = +68; signal line is +43

4/9/15; 12:52 PM EST = +68; signal line is +43

4/9/15; 10:43 AM EST = +52; signal line is +43

4/9/15; 10:28 AM EST = +68; signal line is +43

4/8/15; 9:38 AM EST = +52; signal line is +43

4/7/15; 3:56 PM EST = +36; signal line is +42 but algorithm remains long

4/6/15; 10:21 AM EST = +52; signal line is +42; go long 2074; (Benchmark SPX for 2015 = +0.7%)(Keybot algo this trade = -0.5%; Keybot algo for 2015 = -1.8%)(Actual results this trade = +0.1%; Actual results for 2015 = -4.0%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side this morning at SPX 2074; the choppy sideways year continues.

4/12/15; 7:00 PM EST =

4/6/15; 10:21 AM EST = +52; signal line is +42; go long 2074; (Benchmark SPX for 2015 = +0.7%)(Keybot algo this trade = -0.5%; Keybot algo for 2015 = -1.8%)(Actual results this trade = +0.1%; Actual results for 2015 = -4.0%)

4/6/15; 10:12 AM EST = +36; signal line is +43

4/6/15; 9:58 AM EST = +20; signal line is +42

4/6/15; 9:36 AM EST = +36; signal line is +41

4/5/15; 7:00 PM EST = +52; signal line is +39 but algorithm remains short

4/3/15; 9:00 AM EST = +52; signal line is +39 but algorithm remains short

4/2/15; 12:28 PM EST = +52; signal line is +38 but algorithm remains short

4/2/15; 12:07 PM EST = +36; signal line is +37

4/2/15; 9:56 AM EST = +52; signal line is +38 but algorithm remains short

4/1/15; 12:29 PM EST = +36; signal line is +39

4/1/15; 12:06 PM EST = +22; signal line is +40

4/1/15; 10:26 AM EST = +36; signal line is +41

4/1/15; 9:46 AM EST = +22; signal line is +42

4/1/15; 9:30 AM EST = +36; signal line is +43; go short 2064; (Benchmark SPX for 2015 = +0.2%)(Keybot algo this trade = -0.9%; Keybot algo for 2015 = -1.3%)(Actual results this trade = -1.1%; Actual results for 2015 = -4.1%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips back to the bear side this morning. The benchmark SPX index is dead flat on the year. The algo program is down -1.3% on the year and actual trading is off -4.1% in 2015.

4/5//15; 7:00 PM EST =

4/3/15; 9:00 AM EST =

4/1/15; 12:29 PM EST = +36; signal line is +39

4/1/15; 12:06 PM EST = +22; signal line is +40

4/1/15; 10:26 AM EST = +36; signal line is +41

4/1/15; 9:46 AM EST = +22; signal line is +42

4/1/15; 9:30 AM EST = +36; signal line is +43; go short 2064; (Benchmark SPX for 2015 = +0.2%)(Keybot algo this trade = -0.9%; Keybot algo for 2015 = -1.3%)(Actual results this trade = -1.1%; Actual results for 2015 = -4.1%)

3/31/15; 7:00 PM EST EOM = +36; signal line is +43 but algorithm remains long

3/31/15; 3:10 PM EST = +36; signal line is +44 but algorithm remains long

3/31/15; 12:42 PM EST = +52; signal line is +44

3/31/15; 12:06 PM EST = +36; signal line is +43 but algorithm remains long

3/31/15; 10:36 AM EST = +52; signal line is +43

3/31/15; 10:00 AM EST = +36; signal line is +42 but algorithm remains long

3/31/15; 9:54 AM EST = +34; signal line is +42 but algorithm remains long

3/31/15; 9:47 AM EST = +50; signal line is +43

3/30/15; 11:16 AM EST = +66; signal line is +43

3/30/15; 10:11 AM EST = +50; signal line is +42

3/30/15; 10:01 AM EST = +66; signal line is +42

3/30/15; 9:46 AM EST = +50; signal line is +41; go long 2082; (Benchmark SPX for 2015 = +1.1%)(Keybot algo this trade = +0.0%; Keybot algo for 2015 = -0.4%)(Actual results this trade = -0.4%; Actual results for 2015 = -3.0%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant flips to the long side today shortly after the opening bell at SPX 2082. The algo exits DOG and enters DIA. The Keybot algorithm program is flat on the last trade with the actual trading taking a minor loss. The benchmark index remains up +1.1% on the year.

4/5//15; 7:00 PM EST =

4/3/15; 9:00 AM EST =

3/31/15; 7:00 PM EST EOM =

3/31/15; 10:00 AM EST =

3/30/15; 11:16 AM EST = +66; signal line is +43

3/30/15; 10:11 AM EST = +50; signal line is +42

3/30/15; 10:01 AM EST = +66; signal line is +42

3/30/15; 9:46 AM EST = +50; signal line is +41; go long 2082; (Benchmark SPX for 2015 = +1.1%)(Keybot algo this trade = +0.0%; Keybot algo for 2015 = -0.4%)(Actual results this trade = -0.4%; Actual results for 2015 = -3.0%)

3/29/15; 7:00 PM EST = +34; signal line is +41

3/27/15; 10:00 AM EST = +34; signal line is +41

3/26/15; 3:39 PM EST = +35; signal line is +41

3/26/15; 3:07 PM EST = +21; signal line is +41

3/26/15; 11:45 AM EST = +35; signal line is +41

3/26/15; 10:35 AM EST = +21; signal line is +42

3/26/15; 10:10 AM EST = +7; signal line is +43

3/26/15; 9:36 AM EST = +21; signal line is +45

3/25/15; 11:34 AM EST = +35; signal line is +46; go short 2082; (Benchmark SPX for 2015 = +1.1%)(Keybot algo this trade = -0.4%; Keybot algo for 2015 = -0.4%)(Actual results this trade = -0.7%; Actual results for 2015 = -2.6%)

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant flips short today at SPX 2082; algo exits SPY enters DOG.

3/29/15; 7:00 PM EST =

3/27/15; 10:00 AM EST =

3/25/15; 11:34 AM EST = +35; signal line is +46; go short 2082; (Benchmark SPX for 2015 = +1.1%)(Keybot algo this trade = -0.4%; Keybot algo for 2015 = -0.4%)(Actual results this trade = -0.7%; Actual results for 2015 = -2.6%)

3/25/15; 11:22 AM EST = +51; signal line is +48

3/22/15; 7:00 PM EST = +67; signal line is +48

3/20/15; 9:36 AM EST = +67; signal line is +46

3/19/15; 10:13 AM EST = +51; signal line is +45

3/19/15; 9:53 AM EST = +67; signal line is +44

3/19/15; 9:36 AM EST = +51; signal line is +42

3/18/15; 3:11 PM EST = +67; signal line is +41

3/18/15; 2:13 PM EST = +51; signal line is +39; go long 2090; (Benchmark SPX for 2015 = +1.5%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = +0.0%)(Actual results this trade = -0.8%; Actual results for 2015 = -1.9%)

STOCK MARKET BULLISH -- LONG -- CAUTION

Keybot the Quant remains long moving into the Friday session. The algo printed three numbers in the Thursday session. Copper receives a  boost which creates ongoing buoyancy in the stock market. JJC ends yesterday's session at 31.84 exactly at the number the algo called out one day before it occurred. Isn't it amazing and remarkable that the algorithm can identify these important parameters and levels before they occur? There are, however, surprisingly, only a few of the over 3,000 daily users of the KE Blog sites that view this information as important, useful and valuable to their daily trading.

The algo is tracking JJC 31.88 currently. Market bulls will receive upside juice driving stock prices higher if JJC moves above 31.88 and copper is trading higher this morning which will create this outcome. Bears need to push copper lower to create a ceiling in the stock market.

UTIL 597 is another important level to watch. UTIL begins at 591 and bulls will receive strong upside juice if UTIL moves above 597. The UTIL 597.56 bull-bear level is very important for every day next week so pay attention to this level at the 4 PM EST closing bell today for a heads up on market direction come Monday. If JJC moves above 31.88 and UTIL above 597-598, the SPX will be running well above 2100. Bears must prevent both these levels with all their might to halt the stock market rally.

For the SPX starting at 2089, the bulls need to touch the 2099 handle and a several-handle upside acceleration will occur above 2100. S&P futures are +7 at this writing about 2-1/2 hours in front of the opening bell so bulls are targeting 2099 and want to make a run using copper as the upside fuel. The bears must push below 2086 to accelerate the downside. A move through 2087-2098 is sideways action to end the week.

The algo number is only six points above the signal line so the caution flag is out. The bulls are driving the bus and relying on copper to carry stocks higher. Bears can only lock-in a downside move ahead if either the VIX moves above 15.86, or NYA under 10842, or UTIL under 575; any one of the three will do.

3/22/15; 7:00 PM EST =

3/19/15; 10:13 AM EST = +51; signal line is +45

3/19/15; 9:53 AM EST = +67; signal line is +44

3/19/15; 9:36 AM EST = +51; signal line is +42

3/18/15; 3:11 PM EST = +67; signal line is +41

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips to the long side today at SPX 2090, another whipsaw, shortly after 2 PM when Fed Chair Yellen began speaking at the FOMC press conference. It was surprising that the algo did not flip long after the opening bell and in fact as seen shortly before 2 PM, the bears were cruising along, then whammo, the bears got punched in the face. A wild day was anticipated and it occurred in spades.

The algo is tracking UTIL 596.72 and price is only pennies above. The stock rally will stall if UTIL drops under 596.72. Bulls will continue the party if UTIL remains bullish above 596.72 and will receive further upside fuel with higher copper; if JJC moves above 31.84.

For the SPX on Thursday starting at 2100, the bulls need to touch 2107 and bingo, the upside will accelerate. The bears need to push under 2061 to accelerate the downside. A move through 2062-2106 is sideways action for Thursday. Markets remain erratic and unstable.

Keybot exited SH and entered SPY. The last trade lost less than one percent in both the algo program and the actual trading. The SPX benchmark is up +1.5% this year. The algorithm program is dead flat on the year and actual trading is down -1.5%. Watch utilities and copper.

3/22/15; 7:00 PM EST =

3/18/15; 3:11 PM EST = +67; signal line is +41

3/18/15; 2:13 PM EST = +51; signal line is +39; go long 2090; (Benchmark SPX for 2015 = +1.5%)(Keybot algo this trade = -0.6%; Keybot algo for 2015 = +0.0%)(Actual results this trade = -0.8%; Actual results for 2015 = -1.9%)

3/18/15; 2:04 PM EST = +37; signal line is +38

3/18/15; 1:37 PM EST = +23; signal line is +37

3/18/15; 1:25 PM EST = +37; signal line is +37 but algorithm remains short

3/18/15; 1:13 PM EST = +23; signal line is +36

3/18/15; 1:11 PM EST = +37; signal line is +37 but algorithm remains short

3/18/15; 11:47 AM EST = +51; signal line is +36 but algorithm remains short

3/18/15; 11:37 AM EST = +37; signal line is +36 but algorithm remains short

3/18/15; 10:12 AM EST = +51; signal line is +35 but algorithm remains short

3/18/15; 9:36 AM EST = +37; signal line is +34 but algorithm remains short

3/17/15; 3:11 PM EST = +51; signal line is +33 but algorithm remains short

3/17/15; 2:35 PM EST = +37; signal line is +31 but algorithm remains short

3/17/15; 2:09 PM EST = +51; signal line is +30 but algorithm remains short

3/17/15; 1:04 PM EST = +37; signal line is +28 but algorithm remains short

3/17/15; 9:47 AM EST = +23; signal line is +28; go short 2077; (Benchmark SPX for 2015 = +0.9%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = +0.6%)(Actual results this trade = +0.5%; Actual results for 2015 = -1.1%)

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

Keybot the Quant flips back to the bear side shortly after the opening bell this morning at SPX 2077. One day is stranger than the next. The bears perform a triple parameter reversal beginning with copper before Monday's closing bell and then both the VIX and NYA fail into the bear camp after the bell. The bulls fight back in the afternoon and Keybot clearly wants to flip back to the long side with the algo number 18 points above t he signal line, however, a timer has prevented the move today. This timer expires shortly after Wednesday's opening bell. If the SPX moves above 2080 tomorrow morning, Keybot will likely flip back to the bull side.

Volatility made several reversals during the Tuesday session with 2% moves occurring in seconds of time. This is very erratic and unstable behavior. The bulls are ready to receive the nod after Wednesday's opening bell unless the bears can send both the VIX above 15.86 and the NYA under 10842.

For the SPX starting at 2074, the bulls need to push above 2080 and bingo, the upside will accelerate. The bears need to push under 2065 and boom, the stock market will accelerate lower. A move through 2066-2079 is sideways action for Wednesday. Markets are on a wild ride this week and tomorrow will probably continue the excitement. The imminent turn notation is displayed since Keybot will likely flip back to the long side unless the VIX and NYA turn bearish as described.

The algo exited SSO and entered SH dropping down into single ETF's since a  whipsaw occurred with a direction change in less than 10 hours trading time. The robot uses single ETF's for the next 35 days since markets are too erratic and unstable and may be prone to more whipsaw choppy action that has hallmarked the trading year thus far.. The algorithm program and actual trading each log marginal gains on the last trade.

3/22/15; 7:00 PM EST =

3/17/15; 3:11 PM EST = +51; signal line is +33 but algorithm remains short

3/17/15; 2:35 PM EST = +37; signal line is +31 but algorithm remains short

3/17/15; 2:09 PM EST = +51; signal line is +30 but algorithm remains short

3/17/15; 1:04 PM EST = +37; signal line is +28 but algorithm remains short

3/17/15; 9:47 AM EST = +23; signal line is +28; go short 2077; (Benchmark SPX for 2015 = +0.9%)(Keybot algo this trade = +0.1%; Keybot algo for 2015 = +0.6%)(Actual results this trade = +0.5%; Actual results for 2015 = -1.1%)

3/17/15; 9:36 AM EST = +37; signal line is +29

3/17/15; 9:00 AM EST = +51; signal line is +28

3/16/15; 2:35 PM EST = +51; signal line is +27

3/16/15; 11:17 AM EST = +67; signal line is +27

3/16/15; 10:30 AM EST = +53; signal line is +25

3/16/15; 10:13 AM EST = +67; signal line is +25

3/16/15; 9:48 AM EST = +53; signal line is +24

3/16/15; 9:36 AM EST = +39; signal line is +24; go long 2066; (Benchmark SPX for 2015 = +0.3%)(Keybot algo this trade = +1.8%; Keybot algo for 2015 = +0.5%)(Actual results this trade = +3.2%; Actual results for 2015 = -1.6%)

STOCK MARKET BULLISH -- LONG

Keybot the Quant is long moving into the Tuesday session. The bulls need higher copper and JJC above 31.88 but copper is dropping. The bears need either VIX above 15.86 and/or NYA under 10842 to create market selling pressure. If one parameter turns bearish the caution flag will be out if both turn bearish then Keybot will be in the imminent turn mode to flip back to the bear side.

For the SPX starting at 2081, the bulls only need a smidge of positivity and the upside will accelerate but S&P futures are -5. The bears need to push under 2055 to accelerate the downside. The pre-scheduled number prints a short time ago with a one tick increase in the signal line. The bulls are in charge. Watch volatility and the NYA Index.

3/22/15; 7:00 PM EST =

3/17/15; 9:00 AM EST = +51; signal line is +28

3/16/15; 2:35 PM EST = +51; signal line is +27

3/16/15; 11:17 AM EST = +67; signal line is +27

STOCK MARKET BULLISH -- LONG

Keybot the Quant flips ot the long side after the opening bell today at SPX 2066. This move was telegraphed from late last Friday and utilities jump higher and volatility lower to create upside juice. In addition, the NYA Index moved above the 10841 level creating more bull fuel. Interestingly, howerver, the VIX is at 15.62 and the bull-bear line is 15.87 so the  move under is not overly convincing. Most importantly, copper is benign today and sitting only a single hair above the 31.88 bull-bear line in the sand printing at 31.89. Thus, bears can stop the upside rally if they push JJC under 31.88 only a couple pennies lower. Bears also need either NYA under 10841 or VIX above 15.87 to also stop the bull party today.

The Keybot algorithm computer program gains a couple percent on the last trade and is now positive on the year up +0.5% and a hair above the benchmark SPX index up +0.3% on the year (call it flat). The actual trading for the year is recovering from the choppy start that had chewed up bulls and bears alike during January-February and is now down -1.6% on the year. Keybot exits SDS and enters SSO remaining in the double-leveraged ETF's.

The algo number is 40 points above the signal line so the bulls have strength and are in full control. If either JJC, NYA or VIX turn bearish again, as described above, consider the caution flag to be out and the bears fighting back. For now, the bulls are driving the bus again. As always, stay alert for a whipsaw. Anything can happen in these erratic and unstable markets.

3/22/15; 7:00 PM EST =

3/17/15; 9:00 AM EST =

3/16/15; 11:17 AM EST = +67; signal line is +27

3/16/15; 10:30 AM EST = +53; signal line is +25

3/16/15; 10:13 AM EST = +67; signal line is +25

3/16/15; 9:48 AM EST = +53; signal line is +24

3/16/15; 9:36 AM EST = +39; signal line is +24; go long 2066; (Benchmark SPX for 2015 = +0.3%)(Keybot algo this trade = +1.8%; Keybot algo for 2015 = +0.5%)(Actual results this trade = +3.2%; Actual results for 2015 = -1.6%)

3/15/15; 7:00 PM EST = +23; signal line is +24

3/13/15; 2:02 PM EST = +23; signal line is +26

3/13/15; 1:01 PM EST = +7; signal line is +28

3/13/15; 12:25 PM EST = +23; signal line is +31

3/13/15; 10:32 AM EST = +7; signal line is +33

3/13/15; 10:24 AM EST = +21; signal line is +35

3/13/15; 10:12 AM EST = +7; signal line is +37

3/13/15; 10:00 AM EST = +21; signal line is +39

3/13/15; 9:47 AM EST = +22; signal line is +41

3/12/15; 3:05 PM EST = +38; signal line is +42

3/12/15; 12:09 PM EST = +24; signal line is +43

3/12/15; 11:23 AM EST = +38; signal line is +44

3/12/15; 10:16 AM EST = +24; signal line is +45

3/12/15; 10:15 AM EST = +8; signal line is +48

3/12/15; 9:36 AM EST = +24; signal line is +48

3/10/15; 11:25 AM EST = -8; signal line is +49

3/10/15; 10:30 AM EST = +8; signal line is +51

3/10/15; 9:36 AM EST = -8; signal line is +54

3/9/15; 11:05 AM EST = +52; signal line is +56

3/9/15; 9:36 AM EST = +36; signal line is +56

3/8/15; 7:00 PM EST = +22; signal line is +57

3/6/15; 3:39 PM EST = +22; signal line is +58

3/6/15; 3:08 PM EST = +36; signal line is +59

3/6/15; 2:44 PM EST = +22; signal line is +59

3/6/15; 10:42 AM EST = +36; signal line is +59

3/6/15; 9:00 AM EST = +52; signal line is +60

3/3/15; 11:33 AM EST = +52; signal line is +60; go short 2104; (Benchmark SPX for 2015 = +2.2%)(Keybot algo this trade = +2.4%; Keybot algo for 2015 = -1.3%)(Actual results this trade = +2.5%; Actual results for 2015 = -4.8%)

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

Keybot the Quant is short moving into the new week of trading but the algo number is only one point from the signal line. The battle liens are drawn. Flip a coin. The bulls have it on a silver platter if they want to take control. The bulls need UTIL above 574 (only one-point away) and/or VIX under 15.75 to lock in the bull victory moving forward. If either parameter flips into the bull camp, and the SPX touches the 2065 handle, Keybot will likely flip long so tomorrow morning's trade will be interesting.

The bears need to push JJC (copper) under 31.86 and/or XLF (financials) under 24.15 to create selling pressure and send stocks lower. For the SPX starting at 2053, the bulls need to touch the 2065 handle and bingo, it will be a big bull party to begin the week. The bears need to push under 2041 to accelerate the downside. A move through 2042-2052 is sideways action to begin the week. The bears are driving the bus but only hanging on by a thread. The bulls need either higher utilities or lower volatility to take control. Keybot prints one pre-scheduled number this week on Tuesday morning.

3/22/15; 7:00 PM EST =

3/17/15; 9:00 AM EST =

3/15/15; 7:00 PM EST = +23; signal line is +24

3/13/15; 2:02 PM EST = +23; signal line is +26

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

Keybot the Quant remains bearish over the weekend but the bulls are knocking at the door. Copper was pushed higher late Friday sending the stock market higher into the closing bell. The algo printed three numbers in the afternoon and the algo number is now only three points away from the signal line warranting the imminent turn notation. If the bulls boost utilities higher, or volatility lower, either one would do, at Monday's opening bell, and send the SPX to 2065 it is very likely that Keybot will flip long. It appears that the bulls have it on a silver platter to begin a recovery rally.

Bears are going to need weaker banks and copper if they want to keep pushing stocks lower. The areas and levels of interest can be identified once the Sunday pre-scheduled number prints.

3/15/15; 7:00 PM EST =

3/13/15; 2:02 PM EST = +23; signal line is +26

3/13/15; 1:01 PM EST = +7; signal line is +28

3/13/15; 12:25 PM EST = +23; signal line is +31

3/13/15; 10:32 AM EST = +7; signal line is +33

STOCK MARKET BEARISH -- SHORT -- CAUTION

Keybot the Quant remains short and today is just as wild a trading day as yesterday; a mirror image. Lower utilities and higher volatility carry the day thus far sending stocks lower. The algo prints five numbers so far including the pre-scheduled number. The algo number is 26 points under the signal line so the title line is reduced to a caution status.

Bulls need either UTIL 574 or VIX 15.75 to stop the bleeding. Watch financials. Bears will flush the markets lower into the weekend if XLF drops under 24.15. XLF is currently printing at 24.26 eleven cents away from causing market mayhem.

3/15/15; 7:00 PM EST =

3/13/15; 10:32 AM EST = +7; signal line is +33

3/13/15; 10:24 AM EST = +21; signal line is +35

3/13/15; 10:12 AM EST = +7; signal line is +37

3/13/15; 10:00 AM EST = +21; signal line is +39

3/13/15; 9:47 AM EST = +22; signal line is +41

3/12/15; 3:05 PM EST = +38; signal line is +42

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

Keybot the Quant remains short moving into the Friday session. The bulls stage a big comeback rally on Thursday and the algo was very active printing six numbers. Financials were key and the XLF moved above 24.15 so the fix was in and the bull party began. The algo number is only four points from the signal line so the imminent turn status is in play. The algo is tracking volatility, utilities, copper and the NYA index. The bulls need either JJC (copper) above 31.86 (only pennies away) and/or NYA above 10845 to lock in the upside rally. If either parameter turns bullish, one of the two is good enough, and the SPX moves above 2066 (only a smidge higher), Keybot will likely flip to the long side.

The bears need to push either VIX above 15.75 and/or UTIL below 574 to halt the stock market rally. For the SPX starting at 2066, the bulls only need a smidge higher, to push above 2066.40, and the upside will accelerate. The bears need to push under 2041 to accelerate the downside. A move through 2042-2066 is sideways action to end the week. 

Watch copper overnight since any positivity in copper likely points the way to bull victory and the algo likely flipping long. Ditto the S&P futures; any positivity likely points to a bull victory. Bears need to keep copper negative and S&P futures negative overnight. The bears are driving the bus but the bulls have their hands on the steering wheel as well trying to wrestle back control. Tomorrow may be a more interesting day of trading than today's wild day. On Thursday evening, both the S&P futures and copper are a smidge higher although there are many hours before Friday morning's opening bell.

3/15/15; 7:00 PM EST =

3/13/15; 10:00 AM EST =

3/12/15; 3:05 PM EST = +38; signal line is +42

3/12/15; 12:09 PM EST = +24; signal line is +43

3/12/15; 11:23 AM EST = +38; signal line is +44

3/12/15; 10:16 AM EST = +24; signal line is +45

3/12/15; 10:15 AM EST = +8; signal line is +48

3/12/15; 9:36 AM EST = +24; signal line is +48

3/10/15; 11:25 AM EST = -8; signal line is +49

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short moving into the Thursday session. The algorithm did not print any numbers on Wednesday. Financials and utilities are key. Market bears will continue the downside pressure unless either XLF moves above 24.15 or UTIL above 574. The bank stress test results were released Wednesday evening and the XLF is up +0.4% in AH trading which will set the XLF up for a fight at the 24.15 level tomorrow. If stocks rally and the XLF moves above 24.15 a near term bottom is in for stocks. If stocks rally but XLF fails to overtake XLF 24.15, the selling and downward path for stocks should continue.

For the SPX starting at 2040, the bears need any smidge of negativity in the S&P futures overnight and stocks will accelerate lower at the opening bell. The bulls need to push above 2050 to create an upside acceleration that will test the 2055-2057 level in a heartbeat. A move through 2040-2049 is sideways action for Thursday. Watch XLF 24.15 since it provides the market direction answer in the very short term.

3/15/15; 7:00 PM EST =

3/13/15; 10:00 AM EST =

3/10/15; 11:25 AM EST = -8; signal line is +49

3/10/15; 10:30 AM EST = +8; signal line is +51

STOCK MARKET BEARISH -- SHORT

Keybot the Quant remains short moving into Wednesday trading. The stock market collapses in the Tuesday session with the algo number now 57 points below the signal line. The bears are cruising. A snap-back rally appears on tap for Wednesday with S&P futures up +10 at this writing less than three hours ahead of the opening bell. The bears need weaker semiconductors and retail stocks to gain further downside.

The bulls need higher utilities, copper, and/or financials to stop the bleeding. The US bank stress test results are on tap after the closing bell. Lower volatility will also help the bulls recover. Pay attention to UTIL 574 and VIX 15.78 which will signal that the bulls have created a base in markets. Stocks are set to rally but if these two parameters do not occur, the selling will likely resume.

For the SPX starting at 2044 closing at the lows yesterday, the bears need any smidge of negativity and stocks will accelerate lower, however, futures are strongly higher. The bulls need to retrace yesterday's 35-point drop to regain their mojo. A move through 2045-2075 is sideways action for today. The bears are driving the bus.

3/13/15; 10:00 AM EST =

3/10/15; 11:25 AM EST = -8; signal line is +49

3/10/15; 10:30 AM EST = +8; signal line is +51

3/10/15; 9:36 AM EST = -8; signal line is +54

3/9/15; 11:05 AM EST = +52; signal line is +56