What does panic look like, look around you. But this is worldwide. Justified or unjustified it is out of control. Question is are your prepared to weather the storm?
The supply/demand curves are completely broken. When Japan's earthquake unfolded, the supply side was interrupted, but demand remained in place.
The demand is gone (unless you are after toilet paper, rice etc). This break in demand is different from people not having money. The chaos is caused by a virus that is forcing the interruption.
Now the question is what businesses will survive the interruption. Time to dive into the financials of companies to short out the weak ones and pick up the strong ones as their stock crashes.
Fed is injecting $150B/day over the next few days. Let's see if it is oversubscribed. Since September over $1T has been put into the market in not QE and now adding in the next 5 days nearly $750B. Banks where's the money?
Will continue to spiral in panic for a while.
Get some popcorn, a comfortable chair and enjoy the show.