This seemed appropriate for today... (you're welcome).

Before we start - today's big moves were driven by Fed's Dudley spewing some sh*t about time to hike rates this year soon.. everything is awesome... etc... So explain this idiocy, Dudley!!

OK, having got that off our chest, stocks shockingly did not end higher... and puked into the close...

S&P and VIX danced their odd jig once again today - noticed the compression in S&P and VIX around 1200ET and the tiny downtick in VIX that snapped the 'pennant' pattern creating a false breakout which rapidly got sold...

S&P managed to stay out of the twilight zone for now...

Dudley sparked the initial bond/stock dump, dollar jump but weak data left everyone wondering what to do...

Every small ramp in stocks was sold at VWAP (suggesting institutional sell orders in the market...and volume was above average

Treasury yields spiked after Dudley's comments...

Financials continue to ignore the curve flattening...

The USD Index was weak overnight as Yen strengthened, then jumped on Dudley then faded on crap data...

As Dudley spoke and the USD ramped, so commodities were clubbed like baby seals...

but oil was having none of that malarkey...

Finally, crude just keeps on going... despite Russia, Nigeria, and now Iran confirming no output freeze is coming...

Charts: Bloomberg