Complete hyperbole, whitewash drivel. The market never moves in a straight line, today was nothing more than a relief rally.
The facts: the S&P 500 remains below its 10, 20, 30, 50, 200, and 250-day moving averages on the daily chart. It has dropped a total of 14% since Trump took office, the steepest decline in such a short period under any president since the index was created in 1957. The only other president to see more than a 5% drop so early in their term was Bush in 2001, and even that was only 7%. The dollar is at a three-month low against all major currencies, while gold has hit an all-time high, a classic fear indicator.
Unless Trump ends his trade war now, the crash is far from over and only stands to get worse.