Major indexes rebounded in a big way on Thursday, with the Dow rising nearly 2%. But Apple, which has been one of the leaders, even amid the recent sell-off, ended the day down, as did the rest of big tech. The traders break down what this all means.

The S&P closed near the lows of the session after Fed Chair Jerome Powell suggested the central bank may speed up the timeline of its taper. So how are the traders setting up after Tuesday’s rout? Plus the S&P may have been down nearly 2%, but Apple was up more than 3%! What happens if that leadership goes away?