The question is whether to 'fight the Fed', or realize that the Fed is fighting the desire of investors, primarily, to advance their wealth, to see the Nation do well, and to thrive.

We suspect more of a fight (including upside S&P 4000 or so) in the abbreviated trading week, which ends with Quarterly Expiration.

Souring sentiment - has become the dominant narrative; oh a year or more 'after' the historic insider selling after the buybacks artificially lifted the S&P.

The Dow Jones Industrial Average has reversed its morning losses, up 135 points by midday.