I always say the market makers have their agendas at any given time to push the market up or down and can float stories to support that agenda. Market gets too overheated, cue CPI, inflation, bond yield spikes or rate hike stories. Market sells off, buy and create optimism. Rinse and repeat. Not to mention the corruption with IPOs, members of Congress making fortunes etc. More and more the play seems to be don’t fight it, trade the spikes. Seems like volatility is here to stay for the rest of the year, and possibly much longer.