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Crude Carnage Continues As Fed Sparks US Dollar Pop, Stock Drop

From zerohedge.com

Hawk 'Flawless Victory' today...For the second day in a row, the afternoon session in China saw notable selling and no rescue...An early pop in Europe faded quickly leaving DAX unchanged on the week... (Spanish stocks are outperforming)US Stocks, Gold, and bonds ended lower (in price) post-Fed, USD higher...Stocks were all lower post-Fed. And US equities tried their best to rally after the open but it all fell apart after The Fed's hawkish statement...US equity markets bounce stalled at crucial technical levels (S&P 100DMA, Nasdaq 200DMA, Dow 50DMA) After 5 straight days of short-squeezing higher, "Most Shorted" ... (full story)

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  • Category: Fundamental Analysis