Dow rebounds more than 11% in best day since 1933 as Congress nears deal

Bear market rallies are the absolute worst. They provide an outlet for pent-up demand and hope, while beating the tar out of shorts, who must close their positions by buying, driving prices unsustainably higher.

Rinse and repeat, all the way down the jagged slide of misery.

I must be missing something, because this Wikipedia chart shows that today's rally was the highest one-day percentage gain since 1929:

https://en.wikipedia.org/wiki/List_of_largest_daily_changes_...

And that rally was 6x or so higher (258.47) than the eventual bottom (41.22)

Once the bodies start stacking up this thing will go into free fall again.

Deaths in the US currently doubling every 3 days.

NYC numbers are going to dwarf Italy because Cuomo didn’t shut it down before the curve went exponential.

The median clinical course is 20-25 days, and the hospitals are already at capacity.

I don’t even want to think about what Florida looks like in 2-3 weeks.

Seems like theirs a lot of bad new left. But, is it bad news that's not already baked in.