Could this be the worst week since the financial crisis?
Markets continued to stumble after the first U.S. case of coronavirus of "unknown origin" was confirmed… In fact, they're down nearly 10% since they hit all-time highs a week ago. And I've been receiving a ton of emails asking the same exact things -- like when will this end? How much further will this go? What does this mean in the grand scheme of things? Well folks, we're in correction territory... and on pace for what could be the worst week since the financial crisis. To give you a little perspective, I want to take a deep dive into what my charts are signaling and where markets might find support. |
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Like I mentioned above, markets are in the dumpster right now. Most traders are ignoring these major reports that are fairly bullish for stocks. That's not surprising, the massive impact the coronavirus is having on manufacturing, travel and spending has investors in panic-mode. But how low will the coronavirus send stocks? Today I'm also covering the state of the U.S. economy… how volatility is impacting the market… and my favorite way to make quick gains today. |
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Lance Ippolito, the Blitz Tracker himself, just showed the world how to tap into a market information advantage for outsizes gains… Using this strategy, you could achieve 320%, 400% and even 800% gains… overnight. That's right! And he counts on having plenty more 24-hour windfalls coming in the next couple days… |
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