The coronavirus has caused the markets and the majority of stocks to drop an unprecedented amount in a short amount of time.
Gyms, bars, beaches, sport facilities are closed.
Of course, earnings of public companies are going to drop.
Some will go out of business.
Everyone's earnings will drop!
This a Massive Slowdown
But, it's not the end of the world like some of the media makes it sound.
The fear sells ads - and as we all can see - the commercials have not slowed at all.
All bear markets create huge losses for those without a plan and huge opportunities for those that have a objective, systematic method of analysis.
You do not need special indicators or esoteric forms of analysis. Simple price analysis works.
Let's review the long-term broader markets and what is happening right now.
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Happy trading! If you have any questions or comments,
please e-mail Greg Capra at Greg@mastertrader.com or Dan Gibby at Dan@mastertrader.com
All the best,
Greg Capra
Managing Director of Master Trader
Dan Gibby
Chief Options Strategist
