statistically there are always usually rapid retracements after a drop like this. it would be super unusual if this just kept on deflating. spy is already up a % after hours.

the c19 budget bill getting signed in senate will also be a big bump.

but yeah, dead cat bounce soon and then we settle into the new normal providing no white house celebs go donkdown. thats really the big wildcard here. once continuity of government starts getting referred to as a deep state coup on fox news, spy hitting 180 is going to be a mortal lock.

cruise lines are dead. non-essential. cruise lines = lehmen, airlines = AIG, bailout wise.