In addition to the spreading virus, another disappointment for the market today was that we didn’t hear any specifics on economic stimulus to help combat the impact of this sickness. These indices are also pretty close to bear market territory. What IS a wonder is the relatively short amount of time it took to make that plunge the index was at an all-time high just one month ago tomorrow (February 12). It’s no wonder the index is now in bear market territory, or more than 20% off of its recent high. That completely offsets yesterday’s 1167-point surge and, therefore, adds onto the more than 2000-point drop on Monday. Meanwhile, moves of 3% or more have almost become commonplace since the coronavirus took centerstage several weeks ago. Investors are watching more and more shutdowns around the country as the coronavirus continues to spread, while waiting for some economic stimulus from the government.
Email all feedback to market gave back all of yesterday’s sharp gains and then some on Wednesday, sending the Dow into bear market territory and continuing a truly remarkable period of intense volatility. And please let us know what you think of these monthly episodes. Simply log on to and view the March episode here. ▪ New stocks added to the Zacks Ultimate portfolio
#Automatic ball thrower for dogs full
▪ The full list of top-performing stocks over the past 30 days ▪ Market conditions from both fundamental and technical views ▪ Kevin Cook and Dan Laboe choose one portfolio to give feedback for improvement ▪ Kevin Matras covers whether the Coronavirus-induced pullback is just a correction or something bigger in Zacks Mailbag ▪ Tracey Ryniec and Neena Mishra, CFA, FRM, Agree to Disagree on ESG or more pure Clean Energy ETFs, and whether investors really understand them or are just following a hot trend SPECIAL ALERT: Remember, the March episode of the Zacks Ultimate Strategy Session is now available for viewing! Don’t miss your chance to hear:
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