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Bitter pill. Investor sentiment soured on Friday after the monthly unemployment numbers came in far worse than expected. It wasn’t all bad news as crude oil enjoyed a healthy rally on hopes that the Saudis and Russians would meet up and end their costly spat.

Gusher. Stocks rallied yesterday on hopes that the President can work out a deal with the Saudis and the Russians to cut crude production. More than 6 million Americans filed for unemployment insurance last week, the largest weekly gain on record.

Up-ended. Stocks sold off in yesterday’s session as uncertainty around the path of the virus continued to instill fear in the markets. The President’s warning of a rough two weeks and the potential for 240,00 US deaths weighed heavily on risk assets yesterday.

In like a lion out like a bear. Stocks sold off yesterday as projected Coronavirus cases caused investors to fear that the worst is yet to come. Yesterday’s selloff capped off a quarter of losses, making it the worst first quarter on record for both the Dow Jones and S&P500 indexes.

Happy days are near again. Stocks rose in yesterday’s session on optimism that the virus may be beaten quickly. Investors drew comfort in declining new cases of COVID-19 in hard hit Italy, Spain, and Seattle.

Bull in a china shop. Stocks declined on Friday capping off a wild week of trade in which equities mounted their largest 3-day rally since the 1930’s. The President signed the $2 trillion CARES act into law but investors have fears that it may not be enough.