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DLTR tells us up front that their forward outlook doesn't include any impact from the spread of the coronavirus on supply chains nor consumer demand. That's unrealistic.
Imagine not taking action to make commerce as liquid as possible ahead of a pending national crisis, because one was afraid to be perceived as panicked? The Fed was far from cowardly on Tuesday.
I would still like to see a day where the broad indices perform well on volume that grows from the day prior, but is that because I am too experienced?
I would not take an equity stake without messing around with net basis through the sale of what look to me to be well placed options mean to force profit taking, and/or adding at advantageous discounts.
I'll stick to the three-pronged approach... the Rebound group, the Virus group, and the Revenue group.
Here are a number of things that I'm watching now.
What we have witnessed in recent days would be Wall Street and corporate America in aggregate finding great difficulty in quantifying what is clearly at this point, unknowable.