The stock Slack Technologies (WORK) does not have a long trading history but I have been using the software for several years now and I really do not know how I could function without it today. WORK from my perspective makes the new stay at home economy function.
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Shares have rebounded smartly to challenge the declining 50-day moving average line.
The detrended Rydex ratio remains very bullish.
When I scan the restaurant space, I remain perplexed, wondering not only when they might be able to reopen, but also how quickly consumers will come back, and to what degree?
This is still a very difficult market for individual stock picking as the action is strongly correlated.