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Where there’s smoke. Stocks ended up mostly unchanged on Friday ahead of the three-day break as investors remained unsure about what impact the virus might have on company performance. Consumers appear to be confident but they might be buying less.

Lingering effects. Stocks slipped yesterday, pausing from their ascent to fresh highs, as investors re-evaluated, once again, the risks of the Coronavirus. Stock investors are still not sure if this latest leg up in the market is justified but they remain cautiously optimistic.

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.