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Thread: Coronavirus and Stocks

  1. #1

    Default Coronavirus and Stocks

    Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus

    Apple said Monday it does not expect to meet its second-quarter forecast for revenue.

    The company cited global supply constraints for iPhones and lower Chinese demand as a result of the coronavirus outbreak.

    Apple said in late January that it expected revenue of $63 billion to $67 billion in its fiscal second quarter.
    https://www.cnbc.com/2020/02/17/appl...-in-china.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.


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  3. #2

    Default Re: Coronavirus and Stocks

    FWIW:

    Ships Are Skipping China and It’s Causing Turmoil for Trade

    https://finance.yahoo.com/news/ships...000000829.html

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  5. #3

    Default Re: Coronavirus and Stocks

    Asia stocks fall in early Tuesday trading as economic impact of coronavirus weighs on markets

    https://www.marketwatch.com/story/as...=mw_latestnews

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  7. #4

    Default Re: Coronavirus and Stocks

    Oil demand dampens, gold soars past $1,600 amid coronavirus concerns



    Yahoo Finance VideoFebruary 18, 2020


    Oil prices lower as the coronavirus is dampening demand from China. This comes as investors turn to safe assets, causing gold to climb past $1,600 for the first time since 2013.

    https://finance.yahoo.com/video/oil-...195459314.html

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  9. #5

    Default Re: Coronavirus and Stocks

    ‘Chernobyl-like’ response by China means ‘worst is yet to come’ for coronavirus, Raymond James says

    https://www.cnbc.com/2020/02/18/cher...ames-says.html

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  11. #6

    Default Re: Coronavirus and Stocks

    CNBC's live blog on coronavirus updates:

    Coronavirus live updates:
    Last Look Report |TSP Talk Weekly Wrap Up
    Chart Patterns | An ETF Trading Primer

    Disclaimer: This is not advice or a recommendation.

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  13. #7

    Default Re: Coronavirus and Stocks

    Quote Originally Posted by TommyIV View Post
    CNBC's live blog on coronavirus updates:

    Coronavirus live updates:

    This is the headline.

    Fed sees coronavirus as risk to global growth, markets face ‘pretty serious reckoning’
    The market appears terrified.

    I don't get it either although expecting the opposite of the obvious seems to work.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  14.  
  15. #8

    Default Re: Coronavirus and Stocks

    Pre-markets flipped from green to red and was looking for a reason.

    FWIW:

    Goldman says market underestimating coronavirus risk: ‘Correction is looking much more probable’

    https://www.cnbc.com/2020/02/19/gold...-probable.html

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  17. #9

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    Default Re: Coronavirus and Stocks

    Quote Originally Posted by exnavyew View Post
    Pre-markets flipped from green to red and was looking for a reason.

    FWIW:

    Goldman says market underestimating coronavirus risk: ‘Correction is looking much more probable’

    https://www.cnbc.com/2020/02/19/gold...-probable.html
    Sorry, I did not mean to “like” that one.

    I agree that everything I am seeing tells me a big market pull-back is brewing. This virus is going to be very dangerous to the economy of China, which will hurt economies all over the world.


    Sent from my iPhone using TSP Talk Forums


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  19. #10

    Default Re: Coronavirus and Stocks

    A 'like takeback'? Ouch.


    Quote Originally Posted by James48843 View Post
    Sorry, I did not mean to “like” that one.

    I agree that everything I am seeing tells me a big market pull-back is brewing. This virus is going to be very dangerous to the economy of China, which will hurt economies all over the world.


    Sent from my iPhone using TSP Talk Forums

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  21. #11

    Default Re: Coronavirus and Stocks

    Quote Originally Posted by exnavyew View Post
    Pre-markets flipped from green to red and was looking for a reason.

    FWIW:

    Goldman says market underestimating coronavirus risk: ‘Correction is looking much more probable’

    https://www.cnbc.com/2020/02/19/gold...-probable.html

    'Imminent'?
    Goldman Sachs warns of imminent risk for stocks due to complacency on coronavirus
    https://www.marketwatch.com/story/go...?mod=home-page

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  23. #12

    Default Re: Coronavirus and Stocks

    The headlines sure want us to be panicking, yet new highs in stocks. Who to believe?


    Coronavirus live updates: US hospitals prepare for possible pandemic, Air France tallies ‘brutal’ impact from outbreak


    https://www.cnbc.com/2020/02/20/coro...t-updates.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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