The markets put in a stellar “Billy Graham” rally after the FED announcement on Wednesday. Equities, treasuries, precious metals, and many commodities all surged higher as the U.S. Dollar plummeted. Billy Graham rally or sell-off is a term I use to describe a situation when equities, treasuries, precious metals, and commodities all go in the same direction while the U.S. Dollar moves in the opposite direction. Frequently the same underlying reason will be in opposite corners as to the “why”?
http://www.indicatorwarehouse.com/96615/survey-says-new-highs-for-djia-sp-500-and-russell-2000/
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