If you bought Trannies ahead of The FOMC, then...
Otherwise... given the volume traded today...
The S&P 500 has now alternated down and up for last 9 days
It's been quite a ride... post-FOMC
On the day, Trannies got trounced by Railroad warnings...and Biotechs buggered by Gilead
Sectors all rolled over hard into today's close...
Today's market traded in a very narrow range and on extremely low volume... (S&P Futs volume 30% below recent average - which is a rapidly falling average) - Today is the quietest trading day of 2015 - until the close and puke...
AAPL back-filled the last-second collapse of Friday's Quad-witching but as rumors of iWatch volume reductions hit, it started to fade... and agaion a plunge at the close...
Biotechs Blow-off Top?
Bonds went nowhere fast... the belly outperformed with 30Y and 2Y flat...
The Dollar was hammerred again - for the 3rd of last 4 days... the ibbgest drop since March 2009
Commodities were just insane... all higher on the Dollar weakness
But most focused in Oil...
And Copper...
Post-FOMC, across aseet classes is a very different picture...
Click on picture to enlarge
Charts: Bloomberg
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