Indices closed down 1.60% to 1.65%....

 Indices closed down.

S&P 500 @ 3936.97, low 3936.17, high 4039.49

RSI @ 46.60

CMF @ 0.032

Internals were :

Down volume led by 6.99 to 1 in NYSE & 4.05 to 1 in Nasdaq

Declining stocks led by 2.25 to 1 in NYSE & 2.52 to 1 in Nasdaq

Net new lows were leading by 91 in NYSE & 139 in Nasdaq

VIX UP 4.12% @ 22.26

Oil @ $70.90

Gold @ $1949.60

Canadian $ @ .6275

In my portfolio added 40% ARKK @ $39.30

Portfolio ARKK AI SHOP

Stocks which closed green included

LULU AG PAAS AMD NVDA

GOLD AUY AEM NEM 

MTCH ORCL.....

AH Futures UP

AH Asian Markets Mixed

AH Oil Down

AH Gold UP

About market, TAPE closed @ low of the day. Fed surprised by .25% increase in Fed Funds rate and played down all the banking issues, Fed focus remained Inflation, Inflation & Inflation. Fed finally conceded they are @ the end of raising Interest rate cycle. Market has become Daytraders market UP or Down which occurs every 3rd day, so play your own hunch.

BLOG does NOT give buy or sell.

Saleem