Fear of missing out will come in big time on a days like today.
Data intensifies its bullish message.
There is no doubt that a less globalized world with less globalized supply chains would have weathered a dangerous pandemic far better.
Markets have never had to price in a global economic collapse of this magnitude before. And a very real danger exists for small businesses.
These are not investable markets, yet. Wait it out, the damage is beyond a small fix now.
The market cannot produce much of a bounce until it gets some better clues.
Don't panic buy into a bounce out of fear that you will be left behind.
Apple and these other big names must break the December 2018 lows to reach an investable level again.
Price support and Fibonacci timing cycles suggest a gold bounce is due in the next time window.
Technical conditions and valuation calculations are meaningless, right now.