$MSFT is out here behaving as though the market or global events do not exist. It is still above its 50 Day MA and has made 5 waves since its bounce at Wave 4, which means it is not a corrective bounce, it is an impulse bounce and bullish.
No changes to this chart from last week, I still expect Subwave 2 to come in before going higher up Wave 5.
The 200 Day MA and the impulse invalid red line are miles below. $MSFT appears to be the safest company at the moment.