Ritz rise in stock sink but close off the lows as the major averages fall for a second straight day

the Russell particularly bad down almost 2% that's the scorecard on Wall Street but

winter's stay late. Welcome to Closing Bell overtime I'm John Fort with

Morgan Brennan. Yeah the Dow plunging nearly 400 points although

roughly half of that is attributable to United Health.

Energy is the real bright spot today getting a boost from oil which hit its highest level

since October.

Thank Geo Politics for that.

Coming up though, Tiiro Crisis Sebastian Page on whether this

week's pullback is a buying opportunity and where he sees value right now.

Plus we're going to have instant analysis of earnings from Cal Main Foods and Dave and Busters

and what those results mean for food prices and discretionary spending.

But now let's get straight to today's action with our first guest, can't accord

genuity chief marketist Tony Dwyer.

Tony, good afternoon.

So your take over on what's happening in these markets and you say to add on a pullback which suggests maybe don't add now?

Yeah, we have been in that case for a little while now.

This is, John, this is kind of an interesting time.

It's very rarefied overbought territory. So we use a weekly stochastic for the SSP 500, which is a technical

oscillator. For only the seventh time in history, it's above an extreme overbought of 90. I know I'm talking technical here and I'm a macro guy, but it's only

the seventh time it's been over 90 for 18 consecutive weeks. It looks like, you know, unless there's

a major hit this week, it'll be 19.

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