This morning's headline had me laughing.  "Loss, rally, rally ... now what?".  Now they're too lazy to even make up something that goes along with unexplainable gyrations of the market.  I suppose I should be happy since the daily justifications of price movement, which I think even in hindsight are inexplicable, were finally presented in such a way.  I'm a cross between a technical and fundamental guy, with a pretty big push towards technicals especially in shorter time frames.  I would think that it would make a lot more sense if price deviations on a day to day basis were presented in the context of a chart.  The moves in May and June clearly showed some abnormal breakdowns in price, but July has simply been bouncing about in a range.  Right now, we're on the high side of that range.  This is no big deal.  But I suppose if the headline read, "latest market price moves, no big deal", that isn't going to grab any eyeballs, now is it?  Plus, this is earnings season.  This is always a market mover.  Big swings in either direction.

I mentioned last week that I expect volatile times.  I think those are going to continue for a little while longer as things shake out.  Volatility makes the market interesting to me.