Usually comes down -- and here's why I suspect we'll retreat after Tuesday's rally.
Optimism about AAPL and news from the Fed, as well as algorithms, seems to have staved off market worries of a pandemic for now.
Both will have news within the next 26 hours that could determine what happens next.
Apple will set the tone with its report tonight and then we will look ahead to the Fed tomorrow.
This coronavirus remains a China-centric problem? People are not yet dying in other countries. Do we have to worry here? That's the wrong question.
Here's my view on how to react to this public health menace -- both psychologically and as an investor.
Chinese President Xi Jinping, not a man given to exaggerate, has referred to the spread of this coronavirus in China as 'a grave situation.'
As we get higher, there are a growing number of alarms that could awake the great bear.
But I still see one area of stocks that should outperform.
I think we know, just based on the behavior of this Federal Reserve, that all things being equal a more normalized balance sheet is preferable.