Keybot the Quant Turns Bullish

Keybot the Quant flips back into the bull camp on Friday at munchtime at SPX 4815. The 2023 choppy slop continues into 2024. Bulls push VIX back below 15.00 so stocks rally. Copper is the key. As copper goes, so goes the stock market.

Keybot the Quant

Keybot the Quant Turns Bearish

Keybot the Quant turns bearish this morning at SPX 4729. VIX 15.05 is the bull/bear line in the sand so stocks go up if VIX is below 15.05 and stocks go down if VIX is above 15.05.

Keybot the Quant

Keybot the Quant Turns Bullish

Keybot the Quant algorithm flips to the long side yesterday at SPX 4724. Utes and copper are dictating stock market direction currently. Nothing Else Matters.

Keybot the Quant

SPX S&P 500 Daily Chart Displaying Keybot the Quant Algorithm Turn Signals for 2023

The Keystone Speculator's proprietary trading robot, Keybot the Quant, logs another profitable year the actual trading gaining +23% keeping pace with the SPX benchmark up +24% in 2023. Keybot has never printed a down year since it went on line in 2008.

The chart shows the choppy whipsaw slop all year long until the real money was made on the short side in September and October and then on the long side in November and December. 2024 is off and stumbling.

Keybot the Quant

Keybot the Quant Turns Bearish

Keystone's trading robot, Keybot the Quant, flips back to the short side yesterday at SPX 4777. The quant logs another successful year and will be rezeroed for 2024 tomorrow. Utilities and commodities are running the show currently.

Keybot the Quant

Keybot the Quant Turns Bullish

Keybot the Quant flips back to the long side at SPX 4769. The whipsaw choppy slop that is the hallmark of 2023 continues into year end. Bulls need stronger utilities and commodities to continue the rally. Utilities are currently set up to fail out of the gate on Tuesday.

Keybot the Quant

Keybot the Quant Turns Bearish

The Keystone Speculator's proprietary trading robot, Keybot the Quant, flips to the short side at the end of today's session at SPX 4705. Bears remain in control if UTIL remains below 871 and will create more selling pressure for stocks if copper falls apart.

Bulls can redeem themselves if they push UTIL above 871. If they cannot turn utilities bullish by the end of the week, stocks are likely in for a world of hurt.

Keybot the Quant

The Keystone Speculator's Unemployment Rate Chart; LABOR RECESSION IS 2 MONTHS ALONG STARTING ON 9/8/23 AND WORSENING

Last month, Keystone announced the US Labor Recession starting in America and now it is confirmed and worsening. When the blue line is below the red line, the wine is flowing like water, everyone that wants a job has a job, and economic times are great with no recession in sight. When the red line is below the blue line, franks and beans are ate for dinner, people are laid off (fired), and a recession appears making for Hard Times.

The US housing recession is in its 11th month ready to clock 1 year at Christmastime. The US manufacturing sector is also in a recession for much of this year. Typically, housing and manufacturing, specifically, housing and autos, in recession means the US economy is in recession. Not in this new prissy economy of computers, software and programming where everyone dons a fleece vest imprinted with the company logo and their hands never get dirty.

Semiconductors are the Big Kahuna in today's economic world. The artificial intelligence (AI) orgy this summer keeps the US recession at bay. More importantly, America's wealthy elite class, and the upper middle class sycophants that service the wealthy, have become filthy rich thanks to over a decade of Federal Reserve obscene money-printing (monetary stimulus).

The chips sector and America's rich class have delayed the onset of the recession but with labor now taking the pipe, the overall US recession has likely started now. The economic data is never able to officially confirm exactly when a recession begins until quarters after it starts.

Thus, as per the chart above, It's All Over Now, Baby Blue. The sky, too, is falling over you. The chip fun is over so housing, manufacturing and semiconductors is three strikes and yer out. Many of you reading this will be sh*t-canned from your jobs over the coming months. You will be embarrassed, depressed and confused when your boss hands you a pink slip and drop-kicks you into the dumpster at the end of the parking lot. You will feel shame because you bragged to family, relatives, friends, neighbors, and anyone willing to listen, that you are a top employee and the company cannot survive without you. Prepare accordingly since you know what is coming.

The chart shows how the good times started in January 2011 and ran all the way to the start of the COVID-19 pandemic in spring 2020 with the exception of a mini one-month labor scare February 2019.

Of course, America's crony capitalism system saves the day in 2021 with the Federal Reserve printing money like madmen (monetary stimulus) and Congress providing fiscal stimulus for as far as the eye could see. The obscene amounts of easy money actually encouraged Americans not to work. It is enough to make you vomit. You twits do understand that capitalism does not exist, don't you? Or are you stupid?

The Caligula-worshipping monetary and fiscal stimuli saves the day during the pandemic and the economy is rockin' and a rollin' again, a la ELO, starting February 2021. Work takes a back seat in America as everyone enjoys easy money stimulus, parties and a free ride. Americans proclaim that a healthy work ethic is for losers. Well, jackasses, turn out the lights because the Party Is Over, as Willie sings, and the Labor Recession is underway for 2 months and worsening (the red and blue lines are diverging).

The ongoing housing, manufacturing and labor triumphant of recessions creates the overall US recession. Prepare yourself and your family. 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.

Keybot the Quant Turns Bullish

Keystone's proprietary trading robot, Keybot the Quant, flips bullish this morning at SPX 4209.

Keybot the Quant

SPX S&P 500 60-Minute Chart with 200 EMA Cross; SPX 4358 Line in Sand

The SPX 200 EMA on the 60-minute chart dictates whether stocks are in a short-term (ST) bull or bear market. The bulls are trying to pull the SPX above the 200 EMA at 4358 this week but whoopsies daisies, they lose their grip yesterday so price remains in the ST bear market pattern.

Bulls need the SPX above 4358 which will ignite several days of upside partying for those holding stocks long. Bears need the SPX to drop from here and prove that the back test of the 200 EMA at 4358 was successful and price will now collapse going forward targeting the prior low at 4225-ish to start. Choose your poison. She was Poison in the Well, and I drank it. 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.

Note Added Saturday, 10/14/23: The SPX pops at the opening bell yesterday jumping above 4358 so the bulls were walking around with chests puffed. Before 11 AM EST, however, stocks fell apart and the SPX loses 4358 falling to 4311 and closing at 4328. The ST bear market remains in play. The battle continues on Monday. The 200 EMA on the 60-minute chart bull/bear line in the sand is at 4327-4328. Check the 200 EMA once trading begins on Monday since it may adjust slightly one way or the other. Stocks are soggy into the peak of the new moon for the month occurring now (which is typical). Also, traders trimmed longs concerned about news and events that may occur over the weekend.

Note Added Tuesday Morning, 10/17/23, at 4:31 AM EST: The SPX pops at the opening bell yesterday flying to the HOD at 4383.33 at 11 AM EST then traveling flat the remainder of the day to end the session at 4374 that is above the 200 EMA at 4358. Thus, the bulls are 16 points above the critical short-term bull/bear line in the sand. Another back kiss and bounce or die decision at 4358 is likely going forward.

Note Added Thursday Morning, 10/19/23, at 7:04 AM EST: The bears come to play this week punching the bulls in the nose and taking their lunch money. The SPX collapses to 4315 (another 100 points lower to 4214 will likely create a historic US stock market crash) so the short-term bear market remains in play. Pope Powell brings the tablets down from On High today and will tell global traders how to trade. He is speaking at the Economic Club of New York. Stocks, bonds and currencies will move on Powell's words at noon time as economist elbow each other at the free buffet shoving rubber chicken and lasagna into their greedy pie-holes. A back kiss back up to 4327-4328 is on the table where the bears would make the bounce or die decision. If Powell lays an egg at munch time today, the short-term bear market will worsen and a likely test of the do or die level at 4214 would be on the table going forward. It would be historic (a crash will occur thereafter) if SPX 4214 fails (a 200 to 800-point drop and more would be on the table below 4214).

Note Added Saturday, 10/21/23: The bears take the SPX down through the 10-mth MA early warning system at 4257 and next target the critical 12-mth MA bull/bear long-term line in the sand at 4207. The SPX begins next week from the 4224 palindrome that is also the LOD Friday. Price prints a low at 4216 two weeks prior and 4238 three weeks ago. A back kiss of the 4257 is on the table. Bulls win above 4238-4257. Bears win below 4207-4224. If the SPX fails through 4207, it is lights-out for the US stock market and a major crash is likely going forward. Is it The Final Countdown? 

Note Added 10/27/23: SPX is spanked down from the 200 EMA at 4358 to 4103 an important low.

Note Added 11/2/23: The SPX comes up to pierce the 200 EMA at 4275 and pops up through so it is off to the races for the bulls. It is not the final countdown, yet.

Note Added 12/20/23: The SPX prints 4778 ready to print a new all-time high but alas, it stumbles. The US stock indexes reverse intraday by -1% and more. The SPX drops to 4698. The 200 EMA is at 4583 rising sharply setting up a potential new meeting point at 4640-4650.