Bracing For Bad News为坏消息做好准备

I totally believe Monday's out of the blue 1200 point rally followed by Tuesday's huge over 900 points reversal are investors mood swing caused by super full moon. There was no news to deserve the the kind of moves of the last two days. Now, S&P 500 has formed a bearish intraday reversal after hitting resistance near the 2800 level yesterday, the bounce is over and down trend resumes. Reality will set in as negative corporate reports start coming out next week. There is no reason to be optimistic about economic reports and corporate earnings coming out in the next few weeks. By only down 21% from the top, the market is in no way reflecting the coming bad news.

。Latest world and US virus statistics:

Global cases: More than 1,452,123
Global deaths: At least 83,454
US cases: More than 401,146
US deaths: At least 12,911

。In what is a slightly different tack from his usual role as foil to President Trump's optimism, Dr. Anthony Fauci has made a series of very optimistic statements this morning about the turning point of the pandemic and re-opening the economy sooner than many had feared...

*FAUCI: BEYOND THIS WEEK, SHOULD SEE BEGINNING OF TURNAROUND

*FAUCI: U.S. MUST KEEP PUSHING, MITIGATION EFFORT HAVING EFFECT

*FAUCI: RIGHT NOW EXPECTED DEATHS LOOK LESS THAN THOUGHT EARLIER

*FAUCI: MAKES SENSE TO AT LEAST PLAN HOW RE-ENTRY WOULD LOOK

---Zero Hedge
。
Eighty-one percent of financial advisors think markets have yet to hit a bottom, according to a survey by Ned David Research. NDR says the sentiment may drive a move to cash and less risky assets by advisors on behalf of clients. ---CNBC

。Goldman Sachs chief equity strategist David Kostin warned about a “bear market rally,” that appears like markets have bottomed but turns out to be premature.  “Risk to the downside is greater than the opportunity to the upside from this point where we stand today,” Kostin said on CNBC’s “Squawk on the Street” on Tuesday. “I would just remind you that in 2008 in the fourth quarter there were many different rallies, I call them bear market rallies, some of which almost 20% a couple of times — but the market did not bottom until March of 2009.”---CNBC

。The U.K. and New York state reported their worst daily death tolls since the pandemic began even as several European nations said they planned to ease lockdowns, and Italy reported its fewest new infections since March 13. Still, parts of Europe are facing an imminent risk of critical medicine shortages. ---Bloomberg

。Senate Majority leader Mitch McConnell said he hopes to approve further funding for the small business loan program this Thursday. “I will work with Secretary Mnuchin and Leader Schumer and hope to approve further funding for the Paycheck Protection Program by unanimous consent or voice vote during the next scheduled Senate session on Thursday, he said in a statement. ---CNBC

。China has ended its lockdown of Wuhan, the original epicenter of the coronavirus crisis, as the city reemerges from a deadly outbreak that is now raging across the globe.But even as Wuhan reopens its borders after 76 days, some restrictions within the city will remain in place, and officials warn that the threat of further infections remains far from over. The metropolis of 11 million, where the coronavirus was first detected in December, had been sealed off from the outside world since January 23 in an unprecedented effort to contain the outbreak.---CNN

。After months of closure in China, instead of eagerly ramping up production, Apple is instead quietly cutting orders for iPhones and other products, a sign that the company believes global demand for consumer products is going to be even weaker than the company is letting on.---ZeroHedge

。McDonald’s said Wednesday that its global same-store sales fell 22% in March as the coronavirus pandemic led the fast-food chain to close its dining rooms. ---CNBC






我完全相信，周一道指无厘头的1200大幅上升，然后是周二的超过900点的巨大向下反转，都是超级月圆所引起的投资者情绪波动。 没有消息值得过去两天的那种市场大举动。 现在，标准普尔500指数在昨天触及2800附近的阻力后已经形成了看跌的盘中反转，反弹已经完毕，市场趋势恢复走跌。 下周开始出现负面的企业报告时，现实将会到来。 没有理由对未来几周的经济报告和企业财报感到乐观。 从历史高位仅下跌了21％，市场远还没有反映即将到来的坏消息。

。最新全球及美国病毒统计：

全球案件：超过1,452,123
全球死亡人数：至少83,454
美国案件：超过401,146
美国死亡人数：至少12,911

。Anthony Fauci医生今天早上对特朗普的乐观态度发表了一系列非常乐观的声明，这与大流行的转折点以及重新开放经济的方式比许多人所担心的要稍远，这与他通常扮演的挫败特朗普总统的乐观态度的方式略有不同。 ...

* FAUCI：在本周之后，应该看到好转开始
* FAUCI：美国必须保持推动，缓解努力才能奏效
* FAUCI：预计死亡比先前预期为少
* FAUCI：至少要考虑重新开放的方式

---CNBC

。Ned David Research的一项调查显示，有81％的财务顾问认为市场尚未触底。 NDR表示，市场情绪可能促使顾问代表客户转向现金和风险较小的资产。 --- CNBC

。高盛（Goldman Sachs）首席股票策略师戴维·科斯汀（David Kostin）就“熊市反弹”发出警告，市场已经触底的想法还为时过早。科斯汀周二在CNBC的“Squawk on the Stree”中说：“从今天的立场出发，下跌的风险大于上涨的机会。” “我只想提醒您，2008年第四季度有许多不同的反弹，我称它们为熊市反弹，其中有几次几乎是20％，但直到2009年3月市场才触底。”

。英国和纽约州报告了自病毒大流行开始以来最严重的每日死亡人数，尽管几个欧洲国家表示计划放松封锁措施，意大利报告为自3月13日以来新感染人数最少。尽管如此，欧洲部分地区仍面临急需药品短缺的风险。---Bloomberg

。参议院多数党领袖米奇·麦康奈尔（Mitch McConnell）表示，他希望本周四批准为小企业贷款计划提供更多资金。他在一份声明中说：“我将与财长努努钦（Mnuchin）和舒默领袖（Schumer）合作，并希望在周四预定举行的下一届参议院会议上，以一致同意或声音表决的方式，批准为薪水保护计划提供进一步的资金。---CNBC

。中国已经结束了对冠状病毒危机的最初震源武汉的封锁。该城市正从一次致命的疫情重新开放，如今这种疾病仍在全球范围内肆虐。但即使武汉在76天后重新开放边境，该市内仍将存在一些限制，官员们警告说，进一步感染的威胁还远远没有结束。 自从1月23日以来，为了遏制疫情的蔓延，自1月23日以来，这座人口1100万的大都市与外界隔离开来。---CNN

。在中国关闭数月之后，苹果没有急于增加产量，反而悄悄地削减了iPhone和其他产品的订单，这表明该公司认为全球对消费产品的需求将比该公司先前的预期疲软。---零对冲

。麦当劳（McDonald's）周三表示，由于冠状病毒大流行导致快餐连锁店关闭了餐厅，3月份全球同店销售额下降了22％。---CNBC