Monday’s Closing Market Data

Volume

– NYSE volume 20% above its one-month average
– NASDAQ volume 9% above its one-month average
– VIX index:  up 4.77% to 16.05

Breadth

S&P 500 Sectors

% Movers

Nasdaq 100 Heat Map

Closing S&P 500 Heat Map

Position: None

Programming Note

I spent most of the day on research calls as I am trying to figure out which part of the non-AI space is buyable!

Five different companies were on the docket!

Position: None 

The Chase

Not only is the advance narrowing materially but the S&P sectors that are negative on the day are near the day’s lows:

Meanwhile, oil is +$7 barrel, bond yields are +8 basis points and gold is getting schmeissed (-$95/oz)

Position: None