I think there is now a slight possibility that the economy will be re-opened prior to April 30---or at least a portion of it. It's becoming too long now for The American People.
Economy reopened? Each state decides when restaurants,malls and movie theaters open. The us govt only controls their services.
Is this the lowest vol day for the es in the last 5 weeks since all the chaos started? Vol terrible for a mkt that was down 600.
With OPEC cutting oil supply, you would think the market should rally big time. But we're chopping instead, which means?? We're due for a pullback.
When the rumours about a cut started, oil was trading at 20. Then it popped a few dollars. Then the rumours started talking about 20 million cut, it popped to 28. Now we have the news and it's 10 million, so imho it should be rangy for a while. I don't see a homerun there either long or short.