Indices closed down .30% to 1.14%.....

 Indices closed down.

S&P 500 @ 4634.09, low 4606.52, high 4660.47

RSI @ 50.14

CMF @ -0.074

Internals were :

Down volume led by 1.80 to 1 in NYSE & 2.05 to 1 in Nasdaq

Declining stocks led by 2.70 to 1 in NYSE & 2.58 to 1 in Nasdaq

Net new 52 wk lows were leading by 199 in NYSE & 443 in Nasdaq

VIX UP 7.78% @ 21.89

Oil @ $70.73

Gold @ $1772.30

Canadian $ @ .7140

Portfolio CNX HST MGM SNAP NCLH UAL

Stocks which were UP 1% or more included MGM PLTR 

RIOT COIN M X SCHW CLF MSTR AMD LYFT

DOCU KL UBER LITE ELF MRNA BYND

AEM BABA QS JWN MS ULTA IBM.....

AH Futures Mixed

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE was under selling pressure right after open on developing vulnerability from OMICRON and Fed faster tapering. 2 PM we will know IF Fed's policy statement will be in between two extreme position, which is less than doubling of tapering @ starting point in January. Rate hike expected in May / June 2022.

BLOG does NOT give buy or sell.

Saleem