Fed-nado Crushes Stocks And Crude; Long Yields Hit Record Low

How Treasury Shorts felt this afternoon...

 

What hungry stock market cheerleaders heard from The Fed...

 

Two words - Thanks Janet...

 

all dumping after a quick kneejerk hjigher post-FOMC

 

Dow dropped 400 points off the overnight highs!!

 

And S&P crushed 55 points from post-AAPL highs...

 

The S&P finished "not" off the lows...

 

S&P and Dow break below their 100DMA - we're gfonna need a Fed Speaker stat!

 

On the week, stocks are ugly.. withg Nasdaq leading the selloff

 

Which leaves everthing red year-to-date...

 

and Dow and S&P down since the end of QE3

 

Financials slowly but surely catching down the ugly reality in credit...

 

And energy stocks just can't stop trying...

 

The USDollar gained post FOMC but remains lower on the week...

 

Commodities had been weaker into the FOMC statement but gold outperformed post..

 

A lot of turmoiling today...

Crude was smashed to new cycle lows (after record supply, big build, and Fed)

 

Kiwi was monkey-hammered... (and has been since SNB as carry trades are unwound)

 

Treasury Yields collapsed 

 

to new record 30Y yield lows...

 

And finally, because a day like that would not be complete without it...

 

Charts: Bloomberg