In spite of the drop on 4/7 the rate of selling is coming down, and the rate of buying is returning to normal. Now if the markets were to have a perfect V recovery then we should return to the mid-February valuations around May 9th . Some how I don’t think that will happen. In the upcoming conference calls if information is presented that conforms to or beats the major fund managers’ expectations, and we still have good news on the pandemic front we should see a steady increase in valuation. If the good news continues into the summer we should be up by years end even if there are declines before then.
It is safer now to trade than it has been in previous weeks, but we still could experience extreme volatility. That is why it is important that you understand your risk tolerance and investment time horizon before you execute a trade.