March 9, 2020 – Updates

As expected since writing that last month on February 13th (white circles), bonds (left chart) now all time high with a 21% jump, and S&P (right chart) down 19% to 2018 levels.

Technically stocks are now hitting the 200-day moving average support (blue-purple line on the right), and if it remains above, we are still in an uptrend. Will be interesting to see if business goes back to usual, and this is the extent of the fear caused by the mainstream media about the Wuhan virus (seriously, are there actually any symptoms different than the flu? What better way to get people scared of something by describing something common). Or if the stage is being set for a recession and people actually listen to mass hysterics and don’t go to work lol.