Question for all the cup half-full people:
What possibly positive imminent news regarding the virus is out there to warrant a rebound of the sentiment/market in the very near future?
not asking for hopes and dreams, but tangible news that could turn the macros around
Some of them:
- Lack of any worse news than we've heard or expected for a week (eg virus is growing exponentially is not news). This would cause a rally IMO.
- Positive drug trials. For example, my sis the doc said a small drug study just showed hydroxychloroquine was effective in reducing CV replication in *humans*, not just in vitro.
- Most of all, this is a war that the entire world is waging against a single enemy. There are all sorts of smart people in this world to think of things. With leadership taking it seriously, they might even get to do it.
Although the odds of any of this in this week or next are small, I'm even more worried that something *will* come out and I'll miss my allocation of TSLA shares/leaps. The ROI at this point is good enough that I'm not worried about the short term price. I still have more tranches, however, and continue to hold my puts / spreads in SPY.