Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life.

Hello and welcome to today's COVID and markets brought to you by the Dividing Cafe of the Bonson Group.

This is David Bonson, bringing you today's missive Monday, June 22nd.

Kind of an interesting day in the market. I mean, I guess I'm not supposed to say that a 400-point

intraday move is a boring day, but relative to kind of where we've been, it was reasonably boring.

Futures were pointing down about 300 points last night.

Netted out for fair value. And that number improved a little throughout the evening. At 315

this morning, they're pointing to kind of a flattish market open, maybe down a little bit. And then

after the market opened, it traded down as much as 200 points and traded up as much as 200

and closed up a little over 150.

So intraday from the low level to high level, you had a 400 point move, 350 to the close.

So, you know, it seems like a positive thing.

You were down 200 and you closed up 150 over.

And then, you know, when you count the futures last night, it was even better improvement

than that.

But it's still kind of, to me, shows skittishness, not a lot of resolve markets, not

trading real with a lot lot conviction up or down.

That's been true for a few days now.

But let's just kind of go through and cover our normal categories of things and

we'll see where markets are headed throughout the week.

In terms of the health data, we had 30,000 plus new cases reported Friday and Saturday nationwide.

It went down to 26, 27,000 Sunday, and it looks like as a press time right now, if we're not at 30, we'll be just shy of it.

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