What a week!

US Stock indexes declined over -13% this week. The S&P and Dow are in a bear market, down over -20%.

Here are the observations this week, I hope you find them helpful.

• Panic selling drove a waterfall decline and washout for the stock market
• Self-discipline, Panic Selling, and the Cycle of Emotions
• Why I’m not surprised to see such a volatility expansion
• Profiting from the Madness of Crowds
• Coronavirus quick take and useful resources to track COVID-19