Low Volume Down Day After Three-Days +23% Gains


Volume is on low side for all sectors, as shown. Although major indexes pullback -3% as of now, it is small portion compared to +23% gains in the past three record days since 1931.

Therefore, rebound wave may be still running to next week.

Congress just passed the 2 trillions stimulus plan and send to Trump to sign.

Markets are in rebound wave with unlimited US dollar to the markets, banks, business and tax payers. At the same time, corona virus is still out of control. US becomes the worst country in terms of affected people. Death numbers also climbs up quickly.

Short-term money supply may comfort people a little bit. But, life threaten virus and prolong economic impact or global recession may be unavoidable for long term picture.

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