Don’t Get Too Carried Away With Today’s Dow Up 700-Points; I Am Calling It ‘Dead-Virus Bounce’.

by Anura Guruge


Click to ENLARGE. Chart from ‘MarketWatch’.


Click to ENLARGE. Chart from ‘MarketWatch’. See image below for yesterday’s post.


Click to access yesterday’s post.


There is a so called ‘dead-cat bounce‘ of stock markets. To I this feels different. I would NOT be surprised if it does not fizzle out by this afternoon!

That is why I am calling it a ‘dead-virus bounce‘. Different characteristics.

We are a long way from DONE. This virus will continue to wreak havoc for months. The market will NOT like it. We still have a ways to go down.

So, do NOT celebrate. Do not become complacent. Nothing to cheer here.


Related posts:
Check Category ‘Investments.


by Anura Guruge

Tags: , , , , ,

About Anura Guruge

See 'The Blogger' on my https://nhlifefree.com/ blog.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: