Quoted from Zablon:
Market seems to be hanging in there today. Better than I expected given the weekends news. Will be interesting to see how the rest of this week plays out and how long the stimulus impacts it.
Yeah, how the market is up today makes no sense to me???? I sold almost all my stocks in my self managed account this morning and went to cash. The economy has never been shut down like this before and it seems like there is no end in sight. We are simply in uncharted territory. Additionally, 2 Trillion is a drop in the bucked and cannot stop a free fall if the public starts to unload or if the market makers decide to short the market and drive it down like they did in 2008.