Author's impression of today's stock market...
Post-FOMC, everything's not looking so awesome...
[8]
Small Caps were the biggest lower on the day, followed by Nasdaq, Trannies and The Dow & S&P... but the drop was very uniform...
[9]
and started as the cash markets opened...
[10]
The Dow has fallen back into the Red YTD and the S&P is close...
[11]
Financials are now down 2% from before Yellen...
[12]
Biotechs Baumgartner'd... down over 12% from the highs 3 days ago - the biggest such slide since April 2014
[13]
and back into the red for March...
[14]
Is this why Biotechs collapsed?
[15]
Apple's worst day in 2 months...
[16]
The US Dollar leaked lower again...
[17]
And Treasury yields surged higher after a weak 5Y auction...
[18]
Stocks starting to catch down to credit?
[19]
Commodities were broadly higher...
[20]
But Saudi/Yemen shenanigans trumped massive over-supply and sent crude prices soaring...
[21]
Copper popped and dropped on CODELCO mine shutdown news...
[22]
Oddly, another day of horrible data but this time "Bad news" was not good news...
What caused this carnage? Who knows... but this is awkwardly coincidental
[23]
Charts: Bloomberg
Bonus Tweet:
I was told to.. pic.twitter.com/hugYWikG1u [24]
— Eric Scott Hunsader (@nanexllc) March 25, 2015 [25]