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Thursday, February 13, 2020

Coronavirus Back In the News - Market Direction Could Be Determined Early [Watch For This Pattern]


One Option Trading Blog https://ift.tt/2uLJj4T Posted 9:30 AM ET - The market bid this extremely strong and lofty stock valuations combined with the Coronavirus have not rattled investor spirits. This morning we learned that China greatly under reported the number of Coronavirus cases and that it might be spreading faster than expected. We don't fully know the economic impact of the virus and investors have largely been discounting the event. The S&P 500 is poised to open 20 points lower this morning. China reported nearly 10 times as many newly confirmed Corona cases Wednesday as they did Tuesday. A new diagnosis classification was adopted. Newly confirmed …

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