Is a speculative market for a long time 
I no longer bother with FA => Do you have any stock (other than AAPL) as buy/hold? If you do, you need to do FA.
If you trade or buy options, you do not need FA. Any trade (including my swings) is speculative which does need FA.
Covid didn’t scare speculators. What can? => Covid-19 came in Dec 2019, but market corrected 30% which reverted when FED was taking all the financial burden of pumping the market with unlimited liquidity. After recovery, so far, market made two times 10% correction and reversed.
Market is not run by speculators even though they were part of it, but mainly by big banks, funds almost 60%-70% with their forces. When FED is pumping unlimited, they ride the wave.
I know you are getting out of RE but RE is slow to decline if there is a stock market crash => Still there is no change on my “No real estate” as I am comfortable with stocks. It is easy to handle, highly liquid. Not worried about crash as I can handle that easily. Above all, I need to learn a lot in stocks side. The more I involve, more I learn, that is better for my future.