Indices closed down 1.35% to 3.96%....

 Hot inflation data shocked everyone and down we went in a fast paced selling.

S&P 500 @ 4953.17, low 4920.31, high 4971.30

RSI @ 59.49

Internals were :

Down volume led by 10.40 to 1 in NYSE & 4.27 to 1 in Nasdaq

Declining stocks led by 9.96 to 1 in NYSE & 4.88 to 1 in Nasdaq

Net new lows were leading by 14 in NYSE & 78 in Nasdaq

VIX UP 13.78% @ 15.85

Oil @ $77.87

Gold @ $2007.80

Canadian $ @ .6431

Portfolio AMD META GOOG INTC MSFT BTCC.TO

A day like today happens when we are deeply overbought, always have a buy & sell plan ready ahead of extreme buying or selling.

BLOG does NOT give buy or sell.

Saleem