PAY ATTENTION TO THE VIRUS IN CHINA AND WHAT HAPPENED TO THE LAST JANUARY ‘SKY IS THE LIMIT’ STOCK MARKET MANIA $SPY $QQQ $AMZN $AAPL $GOOG $MSFT $MU $INTC $NVDA
History does not always repeat itself in the stock market, but it is always instructive.
Overbought markets tend to be vulnerable. Sometimes it is an exogenous event that topples stocks. What could be happening currently? Could it be that the deadly virus spreading across China stops the buying frenzy in stocks?
There is a mania going on in the stock market, but not in the terms you would think. Before you send me hate mail for raining on the parade, remember that The Arora Report gave a signal to buy stocks on Donald Trump’s election when many analysts were saying sell.… Please click here or the title below to read more.
January 21, 2020