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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

 

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