The market masters were obviously running out of stock to sell...
...so they had to re-build their "inventories" today... Hence the sell down...so they could buy low...to sell higher tomorrow. And, hey, buying for five cents less today... times 200 million shares...tomorrow...is a decent days work...ya think.
Call this a "bookkeeping" sell-off...not a systemic "hosanna moment" by any means.
The market was VERY over-brought...and new stock had to be purchased to be sold later...and thus keep the rally going...ASAP.
This rally will keep going... This is no time to "get rational!" All the suckers aren't in yet...and no one is going to "spook" them with macroeconomic drivel or other scary stuff...
RALLY ON!
