The Market Continues to Calm Down

I say this with some hesitation, but it looks as if the period of extreme volatility has passed. Over the last five days, the S&P 500 is up over 17%. There have been three days in the last eight where the daily change was more than 4%. In the eight days prior to that, all eight had daily changes of more than 4%.

Here are some news items impacting our stocks:

Cerner (CERN) talks about the possibility of having 27,000 employees work from home.

Stepan (SCL) said it bought Logos Technologies’s NatSurFact business.

Trex (TREX) provided an update on its business plans.

An analyst at RBC called Danaher (DHR) a “break glass in case of emergency” type of investment.

Disney’s (DIS) Chairman CEO Bob Iger said he will forgo his salary this year.

Posted by on March 31st, 2020 at 11:26 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.