Dow +148 from +484 Naz +56 from +156 Should see some wide swings on both sides IMO first leg down is over, some sort of bounce for a few days before the next round of selling
Phew that was scary, centrals banks to the rescue and once the virus blows over there will be so much money in the system it will be new records!
We won't see him for a long while now, since the Fed did their super cut and the opposite happened. Same thing over and over again, until it is not, like the first inter-meeting cut in 12 years which did not work.
I have to say the cut appeared to have already been priced in. Bad sign. I think most figured at least this would be an up week. Technically we broke yesterday’s high so the trend is still up. Tomorrow’s a big day. We shall see.