Boeing Hits Bottom on Billion-Dollar Loan Buzz

The S&P 500 Index also followed Dow into bear-market territory

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MIDDAY MARKET CHECK     3/12/2020
The #1 Indicator Used by Ultra-Wealthy Investors Most of the world's richest investors totally ignore company fundamentals like P/E ratios. Those metrics have NOTHING to do with what makes stocks rise or fall. One indicator is far more accurate -- but less than 1 in 1,000 investors have ever heard of it. This is how wealth is really made in the stock market today. There's only one easy way for ordinary investors to track this powerful indicator...
Stocks Return to Bear Market Territory Midday By Laura McCandless Share On As coronavirus fears spread within the U.S. and the Trump Administration struggles to provide a tangible fiscal response, the Cboe Market Volatility Index (VIX) jumped to higher than 69.26, its highest mark since the 2008 market crash. Trading paused with yet another "circuit breaker" as well, after U.S. President Donald Trump initiated temporary travel restrictions from Europe. The Dow Jones Industrial Average (DJI) is down nearly 2,000 points at midday, with the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also deep in the red. Continue reading for more on today's market, including:  Why CME is closing the Chicago trading floor.  The airline stock plummeting on a fresh downgrade.  Plus, SNCR’s options volume surge; the company roaring higher on treatment plans; and Sotherly Hotels falls with travel.  >> Continue reading...
LATEST HEADLINES
>> CME Closes Floor on Safety Concerns but Loses Ground CME Group closed its Chicago trading floor due to concerns over the spread of the coronavirus >> Boeing Stock Tanks on Billion-Dollar Loan Buzz Boeing stock is plummeting on its first downgrade from JPM in years >> Party City Stock Deflates After Earnings The retailer's fourth-quarter earnings and revenue reports fell well below analysts' expectation >> Spiraling Stock Futures Hit 'Limit Down' Over Travel Ban President Trump's temporary ban on travel from Europe is spooking investors this morning >> Dow in Bear Market Territory as COVID-19 Declared Pandemic Oil prices remained under pressure as well Sponsored #1 Way to Picking Winning Stocks in 2020 Most ultra-rich investors ignore stock fundamentals, which have no real impact on stock prices. Only 1 indicator tells the whole truth -- but most investors have never heard of it. This is how wealth is made in the stock market today. Get the scoop here.
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