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Promises, promises. Stocks rebounded yesterday on hopes that the Administration will provide relief for virus stricken workers and companies. Treasury yields swung wildly upward continuing their unprecedented behavior.

Time out. Stocks sold off yesterday objecting to the cocktail of crude oil and coronavirus. Bond yields continue to fall catching money fleeing from equities.

Slippery argument. Stocks fell on Friday as Coronavirus fears continue to grip the markets. Crude oil fell along with the energy sector as the Saudis failed to make a deal with the Russians on supply cuts.

Dancing bears. Stocks sold off yesterday as traders responded to the inevitable spread of the Coronavirus. Treasury yields continue to fall as investors rush into safe haven assets.

Fresh breeze. Stocks powered up yesterday as Wall Street got political and Congress gave a nod to financial markets. Ten-year treasury yields ended yesterday’s session below 1% for the first time ever indicating that bond traders think that the economy is not out of the woods yet.

Stimulus resistant strain. Stocks fell in yesterday’s session after investors decided that lower rates were not enough to cure the virus. Treasury yields plumed new lows as investors rushed into safe assets.