Keystone's proprietary trading robot, Keybot the Quant, flips back to the bull side at SPX 5249 as the choppy slop continues. Watch the VIX 13.25 and UTIL 879.70 bull/bear lines in the sand; both currently creating bullish joy in the stock market. The future's so bright, you gotta wear shades, as Timbuck 3 sings.
Friday, March 29, 2024
Thursday, March 28, 2024
SPX S&P 500 Weekly Chart
The US stock market top, that will be a multi-week top, is 1 to 2 weeks away. It is easy to see in the chart. It will tell you when. It's a long way to the top if you want to rock n roll. Time to plug in the amps and wake everyone up down in the hollow. For now the dance continues a la Jimmy and Donna. 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 Sunday, 4/28/24: The SPX was at 5248 in the above chart late March and topped-out at 5264.85 the highest print of the SPX in history. On 4/19/24, the SPX had dropped to 4953. Of course it did. Bulls are now staging a relief rally with price recovering to 5100.
Tuesday, March 26, 2024
Keybot the Quant Turns Bearish
Keybot the Quant flips to the short side yesterday at SPX 5220. Volatility is all that matters. Bulls win with VIX below 13.25. Bears win with VIX above 13.25.
Wednesday, March 20, 2024
Keybot the Quant Turns Bullish After Pope Powell Releases White Doves of Joy
Keybot the Quant turns bullish at SPX 5224 this afternoon after Pope Powell flaps his dovish wings. Watch the VIX 13.31 palindrome. Stocks go up if VIX remains below 13.31. Stocks go down if the VIX pops back above 13.31.
Wednesday, March 6, 2024
Keybot the Quant Turns Bearish
Keystone's proprietary trading algorithm, Keybot the Quant, flips to the short side yesterday morning at SPX 5110. Volatility spikes creating stock market negativity. Watch the VIX 13.68 bull/bear line in the sand. The VIX is at 14.01 in real-time but now pulling back after Pope Powell waxes more dovishness before he speaks today. Bears win above VIX 13.68 while bulls win below VIX 13.68.