The equity markets have kind of flattened in the last week with no real direction going up or down. They seem to be waiting on more data from the real economy to determine the extent of economic damage done by Covid-19. Which is bad and getting worse based on the recent economic indicators.

In flat equity markets, weekly Dollar-Cost Averaging using our salary income for the month works well to keep increasing my positions while they try to find a direction. Because this can drag on for quite a while and I don’t want to risk investing my remaining cash when the equity markets are going nowhere.

The question is how much of the economic damage has already been priced in by the equity markets. Before pressure builds for it to fall further past the mini-floor established. Since my investing strategy is to average downwards, that mini-floor forms the last