Stock market futures are near limit down as markets attempt to open. This comes after another huge drop across the major stock exchanges world wide, as coronavirus (COVID-19) fears spread quickly into a panic.
The WHO calls coronavirus a pandemic, and stocks are now in a bear market. What’s next? In today’s video we try to make sense of the market action, discuss what we are watching for, along with key themes within the selloff. Here’s a recap:
– All Sectors Close Lower as Averages Drop More Than 4% on the Day
– Breadth Metrics Weaken; No Sign of Less Selling Pressure Yet
– Small Caps Continue to be the Worst of the Major Market ETFs
– Stocks set for sharp declines into market open
Stock Market Today Video – March 12, 2020
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
