This is a rare time in the stock mrket and there are stocks that have regained ground. Who's buying? Think of it this way -- A majority of the people who are losing their jobs are in the hospitality, F&B, aviation industries. Many are average earners who typically do not invest in the stock market.
People who generally invest in the stock market still have their jobs. They have portfolios that have taken a hit but there are good stocks that are "cheap" and they can decide to put money into them. Good luck everyone!