The Globe and Mail reports in its Friday edition that as the tumultuous first half of 2026 comes to an end, markets face several red flags suggesting the second half may be just as volatile. A Reuters dispatch to The Globe reports that this turbulence, however, shouldn't be mistaken for an impending correction. Wild price swings in blue-chip shares and indices are typical of late bull markets. These dynamics are evident across various markets. The ride in tech has been volatile -- the SOX Philadelphia semiconductor index posting 10-per-cent single-day drops but still up 90 per cent since March; Micron Technology tripling to a $1-trillion (U.S.) market cap in three months; and Oracle plunging 30 per cent in June alone. Frenzied trading typically precedes a steeper correction, a bear market, or even a crash. That's why these wild price swings are putting investors on high alert that several bubbles are about to burst. But even if the call is accurate and markets are moving into "irrational" territory, fears of a sharp correction might be premature. At least that's what analyst at JPMorgan and Barclays believe. This week they upped their end-2026 S&P 500 calls to 7,800 points, implying a further 5-per-cent upside.