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Monday Market Movement – No News is Good News

Posted on the 18 May 2020 by Phil's Stock World @philstockworld

Monday Market Movement – No News is Good NewsNothing happend this weekend.  

Unlike last weekend, we didn't escalate our Trade War with China or actual wars with other countries and there were no new major scandals in the White House (that we know of yet) and there were no rogue scientists telling us we were re-opening the country too soon so the markets are in a great mood this morning and I'm in a great mood this morning as my daughter drove down from NJ to Florida to see me and I spent a very nice weekend hanging out at the pool in an 80% empty hotel (having her stay at the house still seemed too risky to me).

Not to advertise this particular hotel but the Opal Grand in Delray Beach has a lovely pool and is right on the ocean for just $175 night and parking was pleasantly free and, because I'm a local, we got 30% off that price so $122.50/night.  I felt safer there than I do in the rest of my town, which is as full as it ever was this time of year (off season) with MAYBE 2% of the people wearing masks.  The hotel has no restaurants open but they are selling food in the lobby. 

Having just done it – I highly recommend taking a mental break and simply going somewhere else for the weekend – even if it's just a hotel in your own town.  I checked out all the hotels in town and this one wasn't crowded and used to be a Marriott and is clean and nice (half is being rennovated) so it's no less safe to go to this hotel than the supermarket, probably safer but what a treat just to be somewhere else for a couple of days – even just a few blocks down the street from my house!

I even bonded with other survivors of the Viral Apocalypse – just like humans do when they encounter each other in zombie movies:  "Where are you from", "What's it like over there?" "How did you make it here?", "What do you think will happen next?"  My horror story of walking 4 blocks to get to the hotel didn't compare to the guy who sat in the middle seat on a packed plane (I gave him a…


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