Stock investors are beginning to act like the worst is over in the coronavirus-fueled market rout. Those who rely on technical analysis say there is likely more pain ahead.
These investors buy and sell stocks based on market trends, chart patterns and often obscure indicators. And despite the market’s recent bounce off its late March lows, many of them remain skeptical about the outlook for stocks.
People need to get back to work to help offset the Fed's expanded balance sheet and the US government's debt funded stimulus packages.
Stocks bubble has burst now for good.
The only way the market goes back to its former high is if everyone immediately goes back to work and continues to accept low pay and no benefits. Good luck with that.
they do that anyway....smh