Markets Bounce - a logical move

Markets chopped around for an hour from the open, then sold off and then staged a recovery towards the end of the day.  After being hammered on friday, the next logical move for the markets was a bounce and indeed the bounce happened.  AAPL is said to announce a new product tomorrow, perhaps a mini IPAD to take on Amazon and other companies making cheaper tablet.  AAPL was a big mover up almost 4% today