Shares have rebounded smartly to challenge the declining 50-day moving average line.
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.
Slowing infections in South Korea and stimulus in Singapore and Japan pushed stocks higher Monday, but tighter restrictions will hurt Asia's economies.
The presidential task force wasn't going to address the media Sunday. Then, they did. Actual news? Futures markets opened ahead of that, in the green, and went higher. That's interesting.
There are signs that the shutdown of the economy is working to slow coronavirus cases, but it is unlikely to be a smooth rise.
With a $1 trillion bond, we could be sure that we have national testing and everyone has to be tested, we could actually build the PPE factories and put people to work.
These names are showing both technical and quantitative deterioration.
The positives and negatives of this week.
If you want to stay busy and make some money then you need to adapt to the action.