'In 2008 there were two 20% or better bear market rallies before the market bottomed. In between 2000-2003 there were four, and in 1987 there was just one and it marked the bottom. The Dow is currently up 22% of the lows. The first rally off the 1987 crash lows was 27%.'

Remember to check up by phone on elderly or vulnerable family, friends and neighbors who may need our help.

“To be clear, language like ‘Chinese virus’ is racist...” 
Is it ?
“Put away the race card and get with the last century of naming viruses and flus after their point of origin: West Nile Virus, Zika Virus, Ebola Virus, German Measles, Spanish Flu, Marburg Virus, Rocky Mountain Spotted Fever, Norovirus, Stockholm Syndrome, Lyme Disease” 

The market's main trend is down, so be short or be out, but we're closely watching for the market to get to the point where it can make a successful U turn, produce a short term buy signal and start an oversold rally.

SPY, quarterly view

NOW  
  
"It's a tug-o-war between:

=Super easy money, financial incentives, the low price of oil, and lower taxes
vs.
=Quarantines, corona containment, and damage to the global economy".