Update: Well that didn't last long did it? Having tagged unchanged, stocks tumbled...

And Trump unleashed his most aggressive attack on The Fed yet...

The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt! — Donald J. Trump (@realDonaldTrump) December 24, 2018

* * *

PPT dip-buyers versus everyone-else rip-sellers...

Nasdaq has been monkey-hammered straight up - after plunging 1.9% - back into the green...

Futures show the action better as the machines lifted the Nasdaq perfectly to unchanged (didn't hear any complaints about algos on the bid)

And as stocks go green, Trump tweets so ironically...

AMERICA IS RESPECTED AGAIN! — Donald J. Trump (@realDonaldTrump) December 24, 2018

The question is - what happens next?