The bullish case for stocks with major averages already up more than 20% from the lows

was up 5.4%. Both are more than 20% higher than the low of March 23, which some strategists say could be a bottom but many believe the lows could be retested.

"That will be the next challenge for the market, when they start to face that the economy is different, and it's not going back to normal any time soon," said Boockvar. "At least for now, the market will take any good news on the virus as a positive. We were talking about the duration of the spread, then we were talking about the duration of the shutdown, and we will be talking about how long it will take for the economy to get back to normal.

"It's really slightly positive, but enough to get people a little bit geared up," said Andrew Brenner of National Alliance. "High yield and IG spreads are better, not significantly but better. We continue to see a huge amount of corporate [debt] buying. There's huge demand."

Yesterday virus news .. like pearl harbor and 9/11 is going hit us this coming weeks.. Today Market up a 1g due to good virus news..

Want daily feee intraday call following me

Wuhan traffic is bullish /s

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Stock market live updates: Dow rises 1,200, up 20% from low, Yellen's shocking forecastStocks ripped higher to start the holiday-shortened week as a combination of positive headlines eased investor angst after last week's abysmal March jobs numbers. They should say it doesn't make sense... Unless they tell the truth that the FED is manipulating EVERYTHING, who cares what lies they continue to spew.
Source: CNBC - 🏆 12. / 72 Read more »