Friday's $2 trillion sell-off on tariff news dropped the S&P 500 by 2.7%, its worst day since April. But market volatility meaning depends on context - this spike only brought prices back to one month ago within an intact bull trend. Historical precedents from April, July, and December show these headline-driven spikes quickly recover. Long-term and intermediate cycles remain bullish. Learn why volatility spikes are part of bull market rhythm, and why Friday's pattern suggest