03/31/2020
the S&P500 looks like it’s giving us a buy signal on the daily , don’t be fooled .. we are hitting the moving average where we met with sellers.. I’m advising clients to take some off here if you bought the dip or can’t handle seeing another test of the lows or lower...
We will likely see the worst in the next week or so when we get a taste of how bad the economy is when millions of newly unemployed can’t pay their bills - Congress was too slow to act on the rescue package .. funds won’t hit until the end of the month - the SBA will be overwhelmed.. I pray it doesn’t get any worse
