Indices closed down .82% to 1.27%....

Indices closed down on rising rates and concern about chips demand. Dow S&P 500 and Nasdaq closed below 50 DMA.

S&P 500 @ 2670.14, low 2660.61, high 2693.94

RSI @ 49.62

CMF @ -0.072

Internals were :

Down volume led by 2.09 to 1 in NYSE & 2.34 to 1 in Nasdaq

Declining stocks led by 2.02 to 1 in NYSE & 1.68 to 1 in Nasdaq

Net new 52 wk lows were leading by 51 in NYSE & 10 in Nasdaq

VIX UP 5.76% @ 16.88

Oil @ $68.38

Gold @ $1338.30

Canadian $ @ .7255

Stocks which closed green included MOMO SNAP SQ
WB SHOP BAC EBAY JKS LRCX LULU SINA
TWTR V CIEN WYNN MGA ULTA NKE M....

Here is my portfolio weighting :

NVDA      26.40%

FSLR       23.20%

SNAP      17.80%

BZUN     13.50%

MOMO  11.20%

SQ          7.90%

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