It continues to be a heck of a ride for the market as investors continue to rotate out of growth stocks, and the AI trade.

The Fear & Greed index moved further into Extreme Fear and hit its lowest level since October 2022.

The Volatility Index (VIX), the so-called Fear Index, is at worrisome levels, but it is the kind that tries to push the decision markets around.

Energy (XLE) and Consumer Staples (XLP) are holding onto gains, as most sectors move lower with Technology (XLK) lagging.

The Ten-Year Treasury Yield (TNX) is down 10 basis points to 4.217%.

Bitcoin (BTC) moved below its 200 MA and the $80,000 level.

On the economic front, the New York Fed inflation a year from now is seen at 3.1%, up from January’s 3%. The projected level of inflation three and five years from now was unchanged at 3%.