Market was up on news of "cure" for virus, but in past, shorting on big up days on news of cure has worked well.
The cure, is expensive and so most working class people cant afford it, and it only helps if you are so sick you may die, then it helps you from dying, but not from suffering other negative affects from the disease.
So my gut says next week, the market focuses on earnings, so it all depends on the banks when they report on tuesday before the market opens.
Last, the travel industry was up big today, and all related stocks. yet, it looks like the virus is ramping up its deadly toll. So wall st is counting on the virus not being a problem soon.
Priced to perfection, valuation stretched, over optimistic, all can lead to large drops out of nowhere.
