STAY INVESTED DESPITE MARKET CORRECTION – AS THE MARKET IF VIEWED FOR LONG TERM.

Stocks Fall Again as Coronavirus Spreads

Outbreaks of the virus outside China have sparked concerns among investors of global economic damage.

Nervousness about the spreading coronavirus gripped Wall Street again on Wednesday, and an early rise in stock prices gave way to a third day of selling this week.

The S&P 500 was down 0.4 percent at the end of trading, bringing its losses for the week to more than 6 percent. Bonds rallied, pushing the yield on the 10-year Treasury note to a record low for a second day, and the price of oil also fell. READ MORE

TECHNICAL CHARTS

Index breaks critical PSEi support – bargain buying starts
SP500 – US 500 Top Companies also took a Plunge after CoronaVirus Spreads
New York Stock Exchange took a breather last night after a falling spree

KEY TAKEAWAYS

  • We believe this coronavirus is getting bad to worst and authorities are not transparent about the real issues in China (War Room)
  • Philippines on the other is all good fundamentally and it has never been a better time to invest in the Stock Market
  • Construct and Investment Portfolio with different sector that can withstand market shock and yet have decent rate of return month after month

Our 7th & 8th March 2020 class is fully booked; our next class is 21st & 22nd March – PM – 09199104104 for early registration.

FINWAZE TEAM

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