One Option Trading Blog https://ift.tt/2PqRISd Posted 9:30 AM ET - The S&P 500 is down almost 300 points from its all-time high five days ago. Coronavirus has sparked panic selling, but the magnitude of the drop has been influenced by other factors as well. This is a great time for swing traders to sit on the sidelines and to wait for clarity. Cash is king and we will be ready to jump on this buying opportunity when support is established. Day traders, fasten your seatbelts. I've been mentioning for the last few weeks that the Coronavirus is not getting the respect it deserves. Investors have been …
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