Here’s the Data Coronavirus Fear Mongers Aren’t Showing You…
The headlines from this past week have been absolutely dominated by stories about the coronavirus outbreak.
That should come as no surprise. Headlines about epidemics are gripping and keep you reading.
But the media’s focus on the fear that surrounds the latest outbreak from China is creating a Reality Gap between peoples’ perception of how bad the outbreak is and how much global economies and markets have actually been affected.
Thus far, the market has had a relatively muted effect. In today’s video, I’m going to show you a few resources, including this interactive map, that are very helpful in seeing the true scope of the outbreak.
I’m also going to show you the key factors to watch for that will guide our outlook on the market as this story progresses.
And finally, I’m going to reveal what the market’s reaction to the coronavirus scare means from a technical standpoint, and how it is altering our trading strategy going forward.