Stocks love the smell of Bullard in the morning...
And then Hillary struck... the pretty Biotechs
China opened weaker but was rescued...
[12]
But US Futures show the moves better than cash today... As Bullard's chatter (because FF futures didn't budge) talked stocks up before Hillary spoiled the party...
[13]
Which left cash indices swinging around...Small Caps closed red on the day as Nasdaq was rescued from red...
[14]
NOTE - S&P 500 closed exactly where it opened... (and only Dow and Trannies closed higher from the open)
[15]
Post-FOMC, Gold and The Long Bond remain bid, stocks lower...
[16]
Some context within Dow Futures suggests this dip may not be over...
[17]
As Hillary crushed Biotech hopes and dreams...
[18]
This was The Biotech ETF's biggest plunge since April 2014 (testing the 200DMA - $74.47)...
[19]
The other stock story was AAPL (and TSLA) as iCar chatter picked up (for 2019)...
[20]
Late in the day, VIX was smashed to the lows of the day... but just look at the lack of excitment in stocks...
[21]
Treasury yields were smashed higher... as volatility remains extreme
[22]
Credit markets did not get the message...
[23]
And remain in deep red warning territory...
[24]
Bonds & Stocks decoupled with USDJPY running the show...
[25]
The US Dollar was well bid today from the open in Europe to the close in Europe (sold during Asia and flat after Europe closed)...
[26]
Gold slipped modestly on the day (notably less than the USD would imply) with Silver and Copper flat...
[27]
As Crude erupted again (supposedly on OPEC comments of $80 oil by 2020)...
[28]
And Texas' other famous produce is tumbling...
[29]
Charts: Bloomberg
Bonus Chart: Is Hillary just following Bill's lead?
HillaryCare 2.0? There is family history w/ biotech/pharma industry $XBI [30] $IBB [31] $BTK [32] $DRG [33] $XPH [34] $PJP [35] $SPY [36] pic.twitter.com/BNsGZipVlh [37]
— Dana Lyons (@JLyonsFundMgmt) September 21, 2015 [38]