Indices closed down 1.66% to 2.05%....

 Indices closed down.

S&P 500 @ 3918.32, low 3908.70, high 4017.81

RSI @ 39.05

CMF @ -0.041

Internals were :

Down volume led by 12.85 to 1 in NYSE & 3.72 to 1 in Nasdaq

Declining stocks led by 5.12 to 1 in NYSE & 3.83 to 1 in Nasdaq

Net new lows were leading by 70 in NYSE & 237 in Nasdaq

VIX UP 18.32% @ 22.61

Oil @ $75.72

Gold @ $1834.60

Canadian $ @ .6218

In my portfolio :

Sold LCID @ $8.02

Added 30% AI @ $22.92

Portfolio ARKK AI SHOP

Stocks which closed green included 

PYPL GE AG CCJINTC

DHI VICR AEM CMG....

AH Futures Down

AH Asian Markets Down

AH Oil Down

AH Gold UP

About market, TAPE slumped on regional bank liquidity issue, mainstream banks also hit the skids with related concern about liquidity and inverted yield related concern. This was a reaction to broad based impact of Fed aggressive policies, nobody can predict far reaching effect of any policies. This IS what a deeply oversold market looks like, relentless selling from nowhere puts fear in all market participants. BUT there is jobs report @ 830 AM which should cut through one sided negativity and we may see green by close.

BLOG does NOT give buy or sell.

Saleem