Coronavirus slams travel stocks, and traders warn one name is most vulnerable

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Coronavirus slams travel stocks, and traders warn one name is most vulnerable (via TradingNation)

, managing director of FX strategy at BK Asset Management, says Marriott looks more vulnerable than Booking here.

Marriott and Booking have both been hard hit on the expectation travel restrictions in Asia and consumer wariness around travel would hurt overall revenue. The two stocks have declined nearly 20% so far this year.

 

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TradingNation Sell all to buy gold and wait. WS is still a place to milk a fortune. Trump and his economic advisors try to play down the bad reality but the bad reality is bullying in. Quarantine trump them the WS would hit 10,000 pts! ;-)

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