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Cash remains king as market turmoil continues. Selling remains aggressive and even got worse this week for U.S. stocks. The detrimental economic effect of the coronavirus outbreak is rippling through the states and the markets continue to express it. More states are beginning to mandate nonessential businesses to close, jobs have been lost, and many struggle to find a way to pay their debts. The necessity then becomes to access cash and we are seeing that cash leave stocks and bonds. This was apparent ...

Stocks gave us a pretty lame bounce yesterday, compared to some of the previous snap-back rallies we've had, but it did come back from a 3% morning loss to close in positive territory. The prior one day rallies had been explosive, but were sold again the next day each time. At least it was different so perhaps the outcome on Friday will be different? The Dow ended the day with a gain of 188-points - a moral victory despite falling off its highs near the close, but also quite a bit off the morning ...

Another day, another sell-off. There was a late rally that nearly cut the losses in half by the close and that was enough for a couple of indices too keep some of Tuesday's gains, but clearly the action is demoralizing for the bulls. The bears have waited for this for a long time and they are getting their money's worth. The Dow lost 1338-points after coming back 1000-points from an earlier 2300-point decline.

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The NEW YORK STOCK EXCHANGE- premier and oldest of America's trading floors,
ends not with a bang, but with a silent whimper.

NYSE.

Founded March 7, 1817.

Human interaction eliminated March 18, 2020, the end of an era!



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The stock market rebounded strongly on another Turnaround Tuesday, but we've been waiting more than a month now for the market to be able to put together two positive days in a row. Losses the day after a big gain have been dramatic all month, so the bulls have their work cut out for them today.

As has been routine recently, after the market closed yesterday with those large gains, the futures traders took a good chunk out of the gains in the after hours trading. Secretary ...