The current price of the big food distributor could produce substantial upside if the coronavirus crisis does not extend beyond a few months.
It's when people ask whether technical analysis can work during extremes and assume it's all about levels and chart plots.
Despite the negatives, there were a few glimmers of hope.
The quantitative easing program was explicitly expanded to become unlimited, so let's pick through the details of what this means -- and what it means for bonds.
The company is seeing early signs of recovery as business gradually resumes and people return to work in China.
I fear that M may not survive the shelter in place economy and a reverse split may not be much help.
History has demonstrated time and time again that a hammer pattern like the one in the chart shown has been a short-term psychological positive.
The market's biggest problem lately has been its inability to gain much clarity about the coronavirus.
The chip company reports its latest results Wednesday.
My biggest concern is we have high-level government officials who are more concerned with reelection than doing what is necessary both for small businesses as well as individuals.