So… This has been, an interesting weekend.
UK PM comes out that they are Wargaming scenarios to prevent a total closure in the face of a second wave as the R rate for Corona raises back towards or possibly over 1.
Manchester and surrounding areas have been restricted with some quarentine levels causing Manchester to declare a Major Incident this evening
The situation in America getting progressively worse on just about all fronts.
Europe now considered firmly to be seeing a second wave as Hong Kong may be seeing a Third wave.
WHO outlining CoVid isn’t going anywhere soon.
With all that in mind. Where do we think the markets going to be moving around this week. I’ll admit. I for one am nervous going into this week. We saw the market pull back somewhat last week. (I personally went from around 11% to around 6.5% all time P+L).
For me, I’m considering trimming my positions and just accepting the L on some holdings hoping to be able to rebuy in the even of a fall. What’s your thoughts going into this week?