market sentiment has gotten so bad on wall street that investors on monday were selling everything literally every single stock in the s  p 500 was down on the day with the bestperforming name being duke realty  which teetered around the flatline the worstperforming s  p 500 component was signature bank  which fell more than 14 as crypto prices got slammed its rare to see this type of indiscriminate selling in stocks even at the onset of the covid19 pandemic when the market was under severe pressure investors would see some stocks going higher on an intraday basis this selling has extended well beyond the s  p 500 and stocks in general for that matter at the new york stock exchange roughly 28 stocks traded lower for every single advancing stock in other words more than 2900 nyselisted names were down while just 105 advanced looking beyond the stock market bond prices took a beating pushing rates even higher the ishares 20 year treasury bond etf tlt  an exchangetraded fund that tracks the price of longduration treasurys fell 256 on pace for its worst day since may 5 meanwhile commodities ranging from gold to oil were also under pressure gold futures for august delivery dropped 26 to 182760 per ounce while west texas intermediate futures fell 22 to 11801 per barrel the silver lining to this sort of indiscriminate selling is it might precede a bounce higher in stocks technical analysts tend to look for washout events like these to signify that a possible shortterm bottom may be forming but youll be hard pressed to find anyone willing to call a bottom heading into this weeks federal reserve meeting the central bank is largely expected to raise rates by a halfpoint wednesday however expectations for a 075 percentagepoint increase are on the rise after last weeks hotterthanexpected inflation report  bottom line events like the ones seen monday exhibit some hallmarks of market capitulation but there could be even more selling later in the week depending on what the fed says regarding inflation and the economy