Definitely is something fun to compare to... So each one of those boxes within the year is 3 months eh?I'm not concerned about the passage of the bailout stimulus. It's 100% going to pass. Which is why I'm going long for a trade. Stocks are going to bounce soon. Italy reported lower daily infected case today. They've peaked or going to stabilize in the coming month. Which is good news for the rest of us. But the economic damage done to the US and world economy by this virus will take years to fully recover. So I'm going to play this bounce and then buy put from higher level.
Everyone is looking at this chart. I think it's good comparison as I think this is 1929 2.0.
After the stimulus bounce, I'm going to buy puts on some blue chip names. If this is 1929 2.0, blue chips have lot further to fall. They're the ones with the most meat still left on the bone and with the lowest put premium.
Yeah I would be hard pressed to see positives in the next 3 months though. By the time any 1 country clears up/slightly contains the virus, then new countries will hit that indirectly affect the other countries.