Stock Market Update - Week Ending March 27 2020 - COVID 19 update

Here in the US, this week has been bumpy. The government passed a 2$ Trillion dollar stimulus bill on Friday. The economy is taking a big hit with the lockdown of non-essential businesses in many states in an attempt to flatten the infection rate curve. The idea is to slow down the rate of infection to make sure hospitals don't get overwhelmed with cases all at once. Supplies and equipment needed, such as ventilators, must be available to help people with severe impact to their lungs.

The CDC infection rate map is below.

Hopefully, a vaccine will be found, or at least a better treatment for those who get infected.

Remember we are clearly in Stage 4.

Stage 1 - Basing Phase

30 week moving average loses its downward slope and starts to improve

Stage 2 - Advancing Phase

30 week moving average slopes up.

Close is above the 30 week moving average, with higher lows

Fundamentals improve

Stage 3 - The Top Phase

Loses momentum

Choppy market

30 week moving average loses upward slope and flattens

Stage 4 - Declining Phase

Close line below Moving average

30 week moving average is sloping down

Be safe.

Stock Market Update: Stage 4 and COVID-19

The market had a wild ride this week with the COVID-19 pandemic hitting the US more broadly. States are responding with heavy measures that impact people and businesses hard. We are officially in a Stage 4 market.

The CDC map of the COVID-19 status in the US show widespread movement of the virus.

Aside from the market reaction, COVID-19 is impacting people and will hopefully abate soon.

Stock Market Update - COVID 19

News this week continues to be on the Coronavirus-2019.

The US impact as of this week is shown below in this chart from the CDC.

Not surprisingly, the CNN Fear and Greed index is set to Extreme Fear.

The S&P is showing Stage 4 signs.

Develop a watch list and know that the broad market will impact all stocks.

Recommendations for the virus are pretty much the same as for the flu. CDC recommendations and hand-washing. Hand sanitizers are for when you don't have access to soap and water.

February 2020 Stock Market Update

The coronavirus COVID-19, is front and center this month as the stock market reacts to spread of the virus across the globe. Depending on what you read it's either time to panic or everyone is overreacting. The US is starting to see negative impacts and unfortunately some deaths. CNN update.

The CNN Fear and Greed indicator is at the lowest I can remember seeing it.



All of the Stage Analysis Indicators are now in the red. We most likely are entering into stage 4. StockCharts Graph Link.