RE: Today’s Fud14 May 2020 16:19
Blue chips are down because the realization of the worst recessions since the depression is hitting home. The recovery of many stocks has been mind blowing, built on government stimulus, and misplaced sentiment (In my opinion). I'm covid only until August.. may not work out in my favor but my interpretation is this is the start of the proper crash.
Covid are equally affected. Difference is, there is no doubt money will be thrown at the diagnostics industry. No doubt about it. The Roche development is a people pleasing headline, and changes a lot short term, but once design freeze is in play, the shackles will come off.