Unease on Display… After yesterday’s seemingly optimistic approach to rising virus cases fizzled into the close, the real sense of worry underlying the market is on display front and center today. The latest virus headlines have delivered a fresh dose of reality too heavy to shrug off, with the situation continuing to worsen in Texas / Florida / California and NY / NJ / CT completing the karmic circle by announcing a mandatory quarantine for visitors from higher risk states. Indices attempted to rally off the low midday but are on their way back down again as sellers continue to puke out Value / reopening names (JETS -5.9%, RCL -12%, BKX -4.7%) and with FANG opting not to ride to the rescue today.
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