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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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From: Jack Hartmann2/27/2020 7:35:16 PM
   of 6925
 
Do not catch a falling knife.
The stock market extended its recent sell-off by more than 4% on Thursday in a volatile session, as the widening spread of the coronavirus heightened pessimism among investors. The S&P 500 dropped as much as 3.5% shortly after the open, then cut its losses to 0.6% by midday, but ultimately closed at session lows with a 4.4% decline.

The Dow Jones Industrial Average (-4.4%), Nasdaq Composite (-4.6%), and Russell 2000 (-3.5%)

The Coronavirus fear is real. 33 cases in CA. 8400 watched in semi quarantine in CA.
It can be worse. Look at Italy, South Korea and Japan.

It will be an ugly ride.

Nasdaq Composite -4.5% YTD
S&P 500 -7.8% YTD
Dow Jones Industrial Average -9.7% YTD
Russell 2000 -10.2% YTD
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