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Brace yourself. There is no telling how the algos will react to a shocking employment number.
With the faster news cycle and quicker speed of transactions, it makes sense that a market bottom might be reached quicker. But this looks more like a retest than a bottom.
I have no false illusion about striking it rich in this name, but a staple such as this can have a place in my portfolio.
I don't think it would be too much of a stretch to imagine that too many investors, or citizens for that matter, will mind seeing March 2020 head on out of here.
I do believe that having no economy is temporary. I also believe that what comes out on the other side will be smaller, far less global.
Consider these stock model ideas: virus groups, work remotely, and fiscal.