The CDC reported the first U.S. case of the coronavirus earlier
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| | 1/21/2020 | |
Chart shows that Washington will be virtually helpless when the next crisis hits. That's why it could do something drastic on January 29, 2020... something that could bring this raging bull market to a sudden stop. Details Here! | | |
Stocks Sharply Lower After Coronavirus Hits U.S. | By Patrick Martin | | The Dow finished lower by triple digits today and snapped a five-day winning streak in the process. The blue-chip index was down more than 200 points at its session low, after the Centers for Disease Control and Prevention (CDC) reported the first U.S. case of the coronavirus that's killed at least six people in China. Boeing (BA) also dragged on the Dow, on news the aerospace giant's grounded 737 MAX may not be cleared for flight until mid-2020. The S&P 500 and Nasdaq joined the Dow in the red -- although the latter did nab a fresh record high earlier in the day. Amid the panic, Wall Street's "fear gauge," the Cboe Volatility Index (VIX) logged its biggest gain since Jan. 3. Continue reading for more on today's market, including: - Signal says pass on this weed stock.
- Calls popped after Halliburton's big earnings beat.
- Plus, a steel stock at new lows; two PT hikes for AMD; and breaking down a bullish STM trendline.
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