There are companies like Big Cap Tech. Companies that have to do with supplying technology for people to exist at home. Food companies etc blowing the doors off with their earnings reports. But that's like 10-15% of the market the rest are not doing well right now.
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even those companies are not doing so well the stocks just are not pricing it in... GOOG for example already said they are feeling it...
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this is like the movie "the big short" when everything is collapsing but michael burry is looking at his shorts getting blown out... till it can no longer be manipulated