The market is due for a correction that could easily reach and even exceed 20%. In the second half of June or perhaps sooner, the market would start focusing on the fundamentals and investors will realize that the estimated P/E ratio of the vast majority of the companies are way above the historical average for the sector. People will worry about second quarter earnings and once the first numbers are coming in, those who have been in the state of delirium suddenly wake up. Many of the less experienced investors will get panicked once the market participants try to factor in the many uncertainties that will impact future economic growth (Covid-19, presidential election, federal, state and local budget crisis, unprecedent debt amount that will create such a high debt service level that requires cuts to the core of the federal budget) that will all impact future earnings. The impact of future inflation expectations have not been factored in yet. Another huge question is that how long will it take to rehire the majority of the people who are out of work. It could take years. Many jobs are gone permanently/ While there will be new type of jobs created for people with high skills, many people need to realize that most of the low-skilled jobs are gone, perhaps forever. The prospect of choosing between two very old presidential candidates is not something anybody can get excited about it. Once Covid-19 is handled, there will be many new international disturbances we need to deal with. If you are a realist, you should defend your positions through limit orders and when the right time comes make money through shorting some of the overvalued stocks to counterbalance some of the inevitable losses you will suffer in your long positions.