Well that really did escalate quickly...
The market's internals triggered another Hindenburg Omen (each of the prior clusters worked and were saved by Fed speak)...
[5]
This was the worst Santa Claus Rally (Sell-off) since 1999...
[6]
But still up from pre-FOMC...
[7]
Europe started the day ugly with German CPI and Grexit fears mounting (trumping any hope/hype from Draghi for now)...
[8]
Leaving US equities down hard on the day... (as a late day ramp failed totally!)
[9]
The Dow closed below its 50-day moving average (first time since the day before FOMC)...
[10]
With Energy worst on the day...
[11]
As it catches down to oil prices and credit spreads...
[12]
As a realization that maybe oil prices are on to something ripples thru markets... perhaps stocks can't handle this truth
[13]
Treasury yields were crushed lower... with 10Y nearing 2.00% again (and 30Y under 2.60%) - with 10Y and 30Y now below FOMC levels...
[14]
With stocks catching down...
[15]
Stocks caught down to credit's lack of exuberance...
[16]
The US Dollar rose modestly despite signficant JPY strength though it did fade throughout the US session...
[17]
Despite modest USDollar strength, gold and silver also rose on the day... (Gold above $1200 and Silver over $16 again)
[18]
Charts: Bloomberg