china pmi data - market spoke today, people not interested buying stuff all locked up and with job insecurity.
bounce a bit toppy too
don't think the ato being bombarded with businesses seeking the cash handouts helped either. can't get the payments till may and this will purge the struggling ones out by then - many cafe's, restaurants, retail running on a shoe string.
chinese data i'm looking forward to is there asymptomatic case reporting, starting tomorrow.
reality is, this self isolation is an attempt to flatten the curve with an anticipated 80% of the population estimated to get it at some point, winter coming and a vaccine is a long way off.
google searches for 'how to trade stocks' have surged in recent days.
lot's of money to be lost incoming
position accordingly, imo
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- Day Trader’s Aftermarket Lounge 31 Mar 2020
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