No concern troll here, just a realist observer of markets.
Two of the biggest one-day point gains in history in 2008 were followed by a 30% decline over the next several months, until the bottom was finally reached in March of 2009.
The next few weeks will tell the real story as the full impact of the virus is known.
Agree. The markets are still processing the meaning of this virus on corporate earnings, the influence on supply lines, etc.
It is discounting those things back to today to put a value on companies.
But it remains a news-driven market and will likely be volatile for a while.