Can you imagine how bonkers the market would be if Apple had shown a new phone doing this yesterday?
It's Huawei so either it probably won't ever exist or if does it won't work properly, but daayyyuuummm.
Today was the bears last stand. All those who said the market would finally head lower, wrong again. This market is never heading lower. It will ALWAYS be answered by the V thing. There is just no other choice. This will again be at new highs shortly. I repeat, there is nothing on this planet that can stop this forever bull market.
Oh, this rally will go on for a bit longer. It'll go up until FOMC comes out next week with a rate cut. Then, and only then, we might see it drop.I'm not a bear, but the whipping up and down action is typically seen in bear market rallies. Some of the most violent up moves are temporary.