Indices closed down 1.26% to 1.78%....

 Indices closed down.

S&P 500 @ 4090.41, low 4089.49, high 4136.64

RSI @ 53.48

CMF @ 0.277

Internals were :

Down volume led by 2.90 to 1 in NYSE & 2.56 to 1 in Nasdaq

Declining stocks led by 2.68 to 1 in NYSE & 1.99 to 1 in Nasdaq

Net new highs were leading by 67 in NYSE & 30 in Nasdaq

VIX UP 10.64% @ 20.17

Oil @ $78.49

Gold @ $1851.80

Canadian $ @ .6545

In my portfolio Sold 50% LSPD seconds before close @ $23.23 in Toronto

Portfolio ARKK AI LCID RBLX SHOP LSPD SOL

Stocks which closed green included

MGM XPEV JD PDD CNX

NTR MOS TECK ROKU

PAAS LAC MGNI FCX

CLF DOCU TWLO

LVS ULTA....

AH Futures Down

AH Asian markets Mixed

AH Oil & Gold Down

About market, TAPE was under pressure with PPI report which was hotter than expected, then came Fed brigade with their 50 basis next increase prediction, please note one speaker was not even a voting member BUT damage was done and we closed near low of the day. Further selling continued in after hours. We have just about eliminated all the " froth " from this market in after hours low low price. Monday we are close, so any buying / repositioning should be done on Friday as RSI is very tempting on most stocks NOW.

BLOG does NOT give buy or sell.

Saleem