WATCH THESE STOCKS AND ETFS TO GAUGE THE IMPACT OF THE CORONAVIRUS ON MARKETS $AMAT $AMD $AAPL $AMZN $DIA $DWT $FB $GLD $GOOG $INTC $MSFT $MU $NVDA $QQQ $SLV
The new coronavirus is an obvious concern to stock market investors. The media are full of explanations and predictions.
So what should investors be focused on? Let’s explore the issue with the help of a chart.
Chart
Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA which tracks the Dow Jones Industrial Average DJIA.
Note the following:
• The stock market has been very overbought. I wrote on the first report of the virus: “Overbought markets tend to be vulnerable. Sometimes it is an exogenous event that topples stocks. What could be happening currently?… Please click here or the title below to read more.
January 27, 2020