Markets opened up 4% this morning as yesterday gave us some hopeful numbers.
Italy, Spain, and the U.S. reported drops in the daily amount of new coronavirus infections and deaths.
Traders are grasping at this reduction as a sign that we've reached the bottom, and it's a straight shot up from here.
I'm afraid that's just a load of "hopium."
In fact, if you look back at the last few weeks, Sundays often have lower numbers.
Presumably some numbers get reported on Monday instead as even in a middle of a crisis, some people need a break.