The visible stories are almost all positive. The negative stories are almost all hidden at least when it comes to the stock market.
There is only one fact that truly needs to be understood. The virus is still in charge until it is not.
I think that when I see the kind of across the board give up as we have today, I think it's healthy not toxic.
Being scared of a pullback isn't 'expensive' or 'stupid'. It's just good investing.
There are three key reasons why investors should resist the urge here.
Strong rotational action has been driving sectors of the market as the grossly overbought big-cap technology names have corrected.
There are huge problems now plaguing the industry, which was just beginning to recover from last year's oversupply issues.
I continue to believe that smaller cities will be huge winners in coming years as technology enables virtual work forces.
Companies have figured out that it might be both cheaper and safer to keep people at home. Sales have held up.
At least part of the market's negative reaction to the Fed on Wednesday may be tied to two factors.