All roads lead to the Kavagnaw appointment.
Investors like stability and confidence...
The appointment showed not only is our judicial system now corrupt, but, everything else is rotten to the core. The FBI by going along with the kabuki dance of the sham investigation clearly demonstrated they are completely controlled by an insane self-interested man and a hollow kangaroo legislature.
So, before, when one was laying their money on the barrelhead they had at least some belief that if they were being robbed or swindled there would be someone on their side from law and regulation enforcement to a nominally nonpartisan judicial system and they might receive some relief. However, now everything has come to light as bad or worse than everyone thought. There is no law and regulation with ultimately no justice. So, no relief. As an investor you're on your own now. The irony here being (as was said all along) Wall Street was ultimately the greatest beneficiary and most dependent on the very system they hate and want to destroy.
On, edit: To put it succinctly, it's really difficult to invest in a spoils system.
Or maybe they're simply stupid. 
I expect a bounce, but, I believe we're in a Bear Market for awhile. The perma-bulls can't always be correct.
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