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Strategies & Market Trends : The Aristocrats (tm)
NNVC 1.320-2.9%3:59 PM EST
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From: sense3/10/2020 10:43:18 AM
1 Recommendation

Recommended By
zax

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A remarkable air of unreality descending over markets today... everyone clearly wanting to believe "its over" after yesterday... that it was "just a bad day"... and didn't really mean anything ?

Nope.

As others have pointed out... Kyle Bass... check back in 30 days and see how that view is holding up.

Is it time to go bottom fishing ? We are no where near a bottom. But, if you're trading the bounce in the ill borne emotion of relief dominating the trade today... not expecting it to last ? Sure.

That said... I do see a couple of stocks that are being punished right along with others in this market... when they actually stand to benefit from the events occurring now...

Even for those... I think you wait for the bottom... and, that's still more than a month or two off...

But, I'll be working on a "coronavirus special portfolio"...
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