Is there any reason to believe the last 3 days isn't just a dead cat bounce?

i would have bet on a bounce....
but the speed and amount of stuff in the emergency package is a white swan that causes me to go ...idk....
stay nimble....stay ready....dca

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And that the market has now realized this was a bs over reaction. 

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IMO, if anything it's not this. It's the opposite, the overreaction was from the outside not the market. The market just reacted to the overreaction of the world, and IMO was a little late to react hence the freefall.

The economic impact is real and has barely been realized. Businesses are still closed, people are still out of work, and the gov't is still about to give away trillions of dollars. You can't dial that back at this point.

And the market priced in a 20% reduction in revenue for the S&P 500. Way over done. We need to open up America yesterday and get back to work.

People are really starting to get pissed they didn’t buy the bottom lol

We'll probably still have some rough sessions ahead. But gains of the magnitude we have seen this week can't be called a dead cat bounce.

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And the market priced in a 20% reduction in revenue for the S&P 500.

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Eh, not really if you look at the valuation of the market pre-crash. When the market is over-priced, it doesn't take much to send it spiraling. This just happened to be a global economic shutdown, which is kind of a big deal.

The S&P 500 is still trading at about a 20 P/E ratio, which is far above it's historical average, and there are still big companies trading at high valuations. I'm not saying it's a definite that we drop more, but anyone who thinks we've hit some crazy cheap prices and it's not feasible to drop more aren't looking at the big picture.

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We need to open up America yesterday and get back to work.

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And I don't necessarily disagree with this. If this happens then we'll see a rally sooner than later. I just don't think it's coming as soon as some think.

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I’m not holding any individual stocks more than a couple of days. When/if they jump I’m selling.

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My strategy as well. Also 90% is in managed funds so I can't screw up too bad if I'm wrong.

I don’t care if it’s the bottom, a bounce, or a recovery. Dividends will post next week and my monthly contribution will go through, increasing my total shares...and the steady march toward retirement continues.







We really need to send people back to work though.

Would be a hell of a bouncy cat. Bitch is made of rubber.

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And that the market has now realized this was a bs over reaction.

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Next level ignorance.

I believe most people downplay the virus because it hasn’t effected them yet. Most of us aren’t sick nor do we probably know many people who are sick. So, therefore this is all just a big overreaction.

Here’s my chicken little outlook. Barring a successful therapeutic, I think shite will get much worse. Enough people get the virus and are perfectly fine to function in society. This is a problem. It allows for the virus to be uncontainable. No matter what we do, we won’t stop the spread. It won’t happen, not now. So, the country is in a lose lose situation. Either keep people on lockdown, so that the hospitals don’t get over run. Or, send people back to work, because the economic impact will be too great. It’s somewhere in the middle most likely. Problem is, once we loosen restrictions up, we will get an increase in cases. So, how will the public handle a lot of people dying? When the reports come out that hospitals all over the country are maxed out, you think the market is just gonna keep on chugging? Nah. I don’t think so. I’ve got a grim outlook, but that’s what I’m getting from the data. Find me something that will prevent what I laid out.

Hoping big time for proven therapeutics. Would be a game changer. Blood plasma treatment is hit or miss, but more research and testing may yield some better targeted results (promising). Other drugs are having mixed results, nothing atm looks like the answer.