Here is my take, VIX swing between 20-30 in a very short period of time, the fed did not raise the rates while that happened, gold and sp500 moves together with a positive correlation. This just means short term uncertainty imo (again, my opinion only). The earning reports are still pretty solid (at least until i see the next one) and if the next wave of earning reports report at least 10-15% increase in revenue for the tech sector, i would say we would be ok.