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Shake it up, shake it down. Stocks pulsed higher yesterday as investors decided that the virus outbreak no longer concerned them. The budget deficit continues to rise but this is not the 1980’s, so investors shrug it off.

Peaked. Markets ended yesterday’s session mostly unchanged as investor interest in the Coronavirus, now officially named COVID-19, turned the corner. Fed Head Jerome Powell told lawmakers that he is happy with current interest rate policy and that the Fed is monitoring the virus closely.

Full sails! Stocks rose yesterday as some workers got back to work in China while the Coronavirus continued its spread. The S&P500 found a fresh high as crude oil found its 1-year low.

Infection reflection. Stocks slipped on Friday breaking a 4-day winning streak as investors contemplated the costs of the Coronavirus. A strong jobs report was not enough to curb the selling.

All you can eat. Stocks rose further into uncharted territory on Chinese trade announcements, earnings, and just plain, bold optimism. The Coronavirus may hurt global economic growth but stock investors are hungry for more record returns.

28 seconds later. The bulls are back and stocks legged higher on reports that researchers have found a potential treatment for the Coronavirus. The US services sector showed signs of optimism in the latest PMI releases.