Stock Market – Hit by a Virus!
In our last update (https://www.youtube.com/watch?v=XJ3ZMqcSiXk), we talked about market complacency. Needless to say, investors are no longer complacent with this recent market downturn. Because of this selloff, our THORdex has retreated a bit, but it is still elevated at just above 75. This is not like March 2009, when the THORdex was at 5. That was a time to “back up the truck” in equities. The US stock market is still elevated at a time when more uncertainty abounds because of the Coronavirus.