So far, most individual investors have remained steadfast as stocks have been pummeled by fears that the coronavirus could turn into a pandemic. If they continue to keep their cool, small investors might even get to buy bargains as the big money bails out.
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Warren Buffett says ‘don’t buy or sell’ on the headlines as coronavirus sends stocks plungingGlobal stocks are plunging on Monday after the number of virus cases outside China surged over the weekend, particularly in Italy, South Korea and Iran. “How high?” People with large amounts of equity will need all the little guys to remain in the market as they off-load and take profits. Big investors and institutions have a much harder time exiting the market when folks like us front run their sell orders.
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As stocks sell off again, chart analyst sees buy signal in bond marketThe fear trade took over to begin the week. But, even with this recent turn to safety, Oppenheimer's head of technical analysis, Ari Wald, says the bond market bid could be flashing a buy signal for riskier stocks. TradingNation Whistling past the graveyard. TradingNation My prediction will be within 120 days you'll see a 22k. Let's hope a mighty can come up with an injection which will both say people in the Dow otherwise this Dow is finished within six months... TradingNation Y'all better give royalties to my man JayWoods3 for using such a beautiful pic of him
Source: CNBC - 🏆 12. / 72 Read more »
These stocks are holding up the best during this big market routNew for subscribers: These stocks are holding up the best during this big market rout Check out CNBCPro and get your first 30 days free. Pro
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