VIX Slammed As Dow Recovers Post-FOMC Losses; Everything Bought

We wondered earlier whether Kevin Henry would achieve his goal.. and he did. VIX is now sub-14 once again and thanks to a lift-off in EURJPY, stocks are surging. The Dow Industrials (and almost the Transports) have recovered all their post-FOMC losses in this reaction to the apparently more dovish minutes. Gold is maintaining gains. Bond markets ripped lower in yield and the USD is tumbling. The ammo, of course, for all this, is “most shorted” stocks which are spiking post-FOMC.