IBM is the story of the day. The reality is that we are in a bull market. We had two days of correction. The market was ready to resume the up trend.
I think both the sentiment and fundamental factors are in place for the resumption of a bull market.
We have been and remain in a bull market,
You have to put the declines in perspective. This bull market has been going on for 38 months and it can't continue to rock and roll day in and day out like it used to when it was young and had lots of energy.