Earnings will be a little low this year

Racing is on hold in most states and principalities, pal.


The market quickly regained a fair portion of its gigantic losses.  Tho it dipped again, this Easter Monday.
And the natural question to arise was has it reached the bottom, or is this a dead cat bob?  The S&P 500 is selling about 15 times 2020 earnings. That's higher than it was at the bottom of the financial crisis. And the bad earnings that will likely mark the CoronaVirus Year are yet to come in. So further to fall? Maybe. 

                  Still, the heuristic that floats is: "Better to buy the dips than to sell the rips."

https://www.barrons.com/articles/the-s-p-500-had-its-best-week-since-1974-next-up-an-economic-coma-51586560230

US MARKETS FOR APR 13 2020




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