Dow Jones Industrial Average −1,861.82 (6.90%) Loss!
Unless you were fully engaged elsewhere you probably noticed the slight drop in the Dow today of 6.9%. WOW! What a knee-jerk reaction to the Covid-19 pandemic. If you are tracking, as we are, the total number of cases add, both globally and USA, there has not beed any significant change up or down. We are expecting that in about two to three weeks to see spikes in the numbers from the recent protests as well as the Memorial Day weekend. We do not understand why people fail to adhere to wearing a mask and social distancing because Covid is still here! And there is no vaccine! Why people think it is fine to congregate in tight groups is interesting.
The Dow dropped 1,862 points! The S&P 500 and the Dow finished at their lowest levels since May 26th. We issued an alert to buy Intel today, specifically the June 19,2020 $61.50. Calls. We are are looking for a 30% return.
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