No volume, no problem...Buy stocks with both hands and feet...
Leaving Rick Santelli almost speechless: "I don't know how they do it? Plunge Protection Team? Abenomics? Japanese buying futures? No matter what The Dow will not be allowed to end the year in the red..."
http://www.youtube.com/watch?v=9x39NcCx9SI
Stocks melted up to their post-FOMC highs... Small Caps and Nasdaq leading...
Dow futures straight line 300 point magic levitation...
S&P back into the green for 2015, Dow remains down 0.6% YTD.
And confirming that there is no policy error at all... stocks are green and bonds are red post-FOMC...
Lifting Nasdaq, S&P, and Dow just into the green for December...
Led by a double-short- squeeze...
AAPL ripped higher despite ugly news from its suppliers...
Treasuries were a total bloodbath...
Today saw 2s10s break down to 8 year flats and then 2s30s explode higher intraday...
And the crucial 5Y yield surged back to 1.80 - the line in the sand for the last 7 years...
And while HY bonds rallied, IG bonds were dumped...
FX markets were very active today...once again USD buying into the EU close and being dumped after...
As the disconnect between JPY carry and stocks continues to grow unsustainably...
Commodities were very mixed with 'growthy' copper and crude ripping as PMs were flat...
WTI crude jumped back to $38 ahead of this evening's API data...
And then there is rice... which surged over 7% in the last few days - the biggest move since April 2008...
Charts: Bloomberg