Stocks suffered their worst day in nearly a month on Monday as concern about the stalemate in U.S. budget talks and growing debt problems in the euro zone prompted investors to hedge against further losses.

The S&P 500 dropped nearly 2 percent on concerns that Europe's debt crisis would spread to Italy. European officials were still struggling to solve Greece's fiscal problems as Italy's markets have been roiled by worry about its banks.

The Dow Jones industrial average .DJI was down 151.44 points, or 1.20 percent, at 12,505.76 at the close. The Standard & Poor's 500 Index .SPX was down 24.31 points, or 1.81 percent, at 1,319.49. The Nasdaq Composite Index .IXIC was down 57.19 points, or 2.00 percent, at 2,802.62. (commentary & photo courtesy of Reuters)

******************************************************************

The RSI portfolio suffered along with the rest of the market logging a 1.2% loss. Better than the S&P and NASDAQ performance but a healthy loss after all.

There were no RSI buy picks today.