Before I get started…there are more episodes of ‘Panic With Friends’ today and all the episodes are here (32 in total).

Onwards…

The month of March has been a long year.

Two of the best 10 days and two of the worst 10 days for the S&P since 1950 have happened in the past two weeks.

The markets have finally bounced. Investors and traders can breathe for a moment.

I kept my cool. Ellen will vouch for that.

Writing everyday helped. It keeps me prepared. The Panic With Friends podcast series has helped me too.

A LOT of people did not. No judgement.

We have given back most of the gains of the last five years…unless you own the Nasdaq 100.

I have no idea what is next, but I am thinking about gameplans

In a post crash world, I don’t care what I paid for a stock a month ago or six months ago or 6 years ago. I think about percentage of cash that will help me sleep for at night.

I do think the market can go much lower once it starts going down again and like everyone in America I am rooting for science right now.

One interesting markets and trend datapoint came from Ben Carlson in this great post:

In 1918, a global pandemic killed 5% of the world’s population.

18 months later, the Roaring 20’s began.

It seems inconceivable now but that’s actually what happened.

In the spirit of the show must go on, today I had my friend Chris Kimble, master technician and founder of Kimble Charting Solutions, on the podcast to talk bout what he is seeing.

Chris has been trading and investing for over 30 years and is someone I go to when big moves happen because he has a way of keeping it simple. I call his technical work ‘Chart Art’.

Chris just did another podcast with my pal Phil Pearlman and discussed the end of the bull market in Treasuries that is also great. You can watch/listen here.