One Option Trading Blog https://ift.tt/3cSIZ5G Posted 9:30 AM ET - The S&P 500 is officially in bear territory after falling more than 20% from its high a month ago. Coronavirus has wreaked economic havoc across the globe and consumers are changing their behavior to slow the spread of the virus. Social distancing is the most effective way to slow the spread and people should avoid large groups. Last night, President Trump addressed the nation and he imposed travel bans. The S&P 500 is down 120 points before the open and we will see another nasty day of selling. I've been mentioning in my comments that things …
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