The Fed played the fool today with a desperate 50bp cut. 100 BP of cuts left so there's that. Then negative rates. None of this helps offset covid-19. $SPY, SPDR S&P 500 / H1 The traditional plays will hurt from the Fed move. Watch Ford $F, even though lower rates help lower Ford's debt cost. Avoid $GM and trade $TSLA (negative downside but the pump helps Tesla stock). $F, Ford Motor Company / H1 covid-19 investors moved from $MRNA to $INO. That works. $MRNA, Moderna, Inc. / H1 Watch $VIR, $TBIO.Nokia's $NOK CEO quit. The stock did not rebound. Hold. The energy stocks are still in free-fall. OPEC needs to cut output, too. Watch $XOM, $COP, CVX.