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[The_Breeze]

Originally Posted by Solanopete

There are two different forces at work supporting the stock market. The Federal Reserve System lowered interest rates and engaged in heavy buying of equity securities to help support the market. That's the support I referred to in my prior post.

The US Gov't has provided big money to employers to keep folks on the payroll. That has helped prevent greater unemployment claims but only for a short time. There is no bill in play to extend that program. Today's good news reports could turn quickly if support by the Federal Reserve System (The Fed) and support from the federal government (House, Senate, POTUS) pull back.

That's a way of looking at it and the markets have already taken that into account. I'm more on the side of 'look what's happening', and it's served me well.

Individual investors may struggle to follow and understand the forces at work. Institutional investors build that into assumptions and projections. I trust the market, so far, and try not to let my personal experiences cloud my judgment. Buy on the hype, sell on the news. It's my win or loss. We'll see?