For SP500, the break below 200-dMA was UGLY today.
Nasdaq Comp, R2000 and DJ Transports were already below 200-dMA.
Only DJIA remains at 200-dMA - it may follow others this week.
% stocks above 50-dMA remain negative (comparing with Friday).
$NYA50R, NYSE %Above 50-dMA 34.91% (negative)
$SPXA50R, SP500 %Above 50-dMA 43.20% (negative)

There was a good bounce at the index level in the last hour, akin to prior washout days but at individual stock level I did not notice desperation during the day. So, is today a short term bottom? What would make the retail crowd comfortable not to keep bailing until the 18th?

Temptations: "Ball Of Confusion."

https://youtu.be/D5P7x4vh_ts
just providing a cleaner link. Easy for me to do on my computer (not so easy on my phone.)

For SP500, the break below 200-dMA was UGLY today.
Nasdaq Comp, R2000 and DJ Transports were already below 200-dMA.
Only DJIA remains at 200-dMA - it may follow others this week.
% stocks above 50-dMA remain negative (comparing with Friday).
$NYA50R, NYSE %Above 50-dMA 34.91% (negative)
$SPXA50R, SP500 %Above 50-dMA 43.20% (negative)

Temptations: "Ball Of Confusion."

A new round of recession fears rattled markets Monday, sending the Dow Jones Industrial Average down more than 1000 points and eroding Wall Street consensus that U.S. stocks would be among this year’s biggest winners.
Many investors had anticipated that American exceptionalism—the perceived advantages the U.S. has over other countries, such as its economic strength and technological innovations—would help drive another year of robust stock gains.
But worries about a trade war, signs of flagging growth and splinters in the artificial-intelligence trade have taken some of the shine off that optimism. President Trump over the weekend refused to rule out a recession this year, setting off a fresh wave of declines in U.S. stocks. The S&P 500 fell 3%, while tech-heavy Nasdaq Composite lost more than 4.5%. Bank stocks slid, along with shares of smaller companies perceived to be sensitive to the economy. Bonds rallied.
The S&P 500 fell 3.1% last week, wiping out its postelection gains and pushing it into the red for 2025, a rare stint of underperformance versus many global peers. The Nasdaq Composite entered correction territory, a drop of 10% or more from its recent high.

Absolutely merciless.

HONDO, Tex. — Jaylee Williams needed to find somewhere to deliver her son. The 19-year-old knew little about the complicated metrics of who takes what health insurance. But relief for Williams came when they realized Medina Regional Hospital — just 15 minutes from their home — accepted Medicaid, the federal-state program that covers medical costs for lower-income Americans. Provider groups an hour away in San Antonio had refused to take the insurance.
But the lifeline that the 25-bed critical-access hospital offered to Williams could disappear in Hondo and other communities like it. Rural hospitals across the United States fear that massive Medicaid cuts Republicans would have to consider under the current House budget proposal could decimate maternity services or shutter already struggling medical facilities in communities that overwhelmingly voted for Donald Trump.
Nearly half of all rural hospitals nationwide operate at a deficit, with Medicaid barely keeping them afloat. Already, almost 200 rural hospitals have closed in the past two decades, according to the Cecil G. Sheps Center for Health Services Research, part of the University of North Carolina at Chapel Hill.
Rural hospital leaders in Arkansas, Colorado, Kansas, Mississippi, Missouri and Texas who spoke to The Washington Post warned that the enormous cuts congressional Republicans are weighing could further destroy limited health-care access in rural America. Proposals to slash up to $880 billion over 10 years — which is expected to be accomplished largely by scaling back on Medicaid — would also affect those who do not rely on the program but do rely on the medical facilities that are financially dependent on the program’s reimbursements.

NOAA's specialized workforce provides products and services that support more than a third of the nation's GDP. But in MAGA narrative, our country will be "saved" by cutting 50% of the 12,000 NOAA workers. Approx. $600M per year in Comp savings....in the scheme of things, a veritable drop in the bucket.

JD wrote: "$600M per year in Comp savings......in the scheme of things, a veritable drop in the bucket."
To paraphrase an old Senator of many years ago, $600M here -- $600M there and before long you are talking about real money.