Who knows? This is a bear market, and it is certainly a much more unstable market than previously. I realize the VIX has decreased to 20...can't help thinking that short covering on expiration day was a major factor. Seasonally, the VIX starts to increase over the next week or so. We also had good earnings to=day.
But earnings may not all be as positive as they were from goog and ibm.

But earnings may not all be as positive as they were from goog and ibm.