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Entering October With A “Cluster Of Worries” But Stocks Are So Oversold That We See Reason For Upside

COVID-19 is moving to the northern US states… but overall trends positive
COVID-19 overall remains in retreat in the US, evidenced best by looking at the 7D delta chart below.  And aside from the distortions associated with Labor Day, we see that the delta in cases are consistently negative and thus, pointing to a decline in cases. 

– COVID-19 is impressively improving overall in the US
– and the mix effect of rising cases in the North vs falling in the South is still on balance declining overall
– this is good

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