Sprint Corp. (S) is the Stock of the Day at Real Money after a U.S. District Court judge ruled in favor of Sprint's planned merger with T-Mobile US Inc. (TMUS) . Sprint's stock price was up nearly 75% at Tuesday's market open on the news, so let's check with the charts and indicators to see if there is a common sense strategy to suggest.
More from Stocks
Bounce buyers want to believe there is an overreaction to the virus news, but if downside momentum builds, the selling can continue much longer than many expect.
Only one of these scenarios is going to get you in and out of this market with your assets intact and your portfolio stronger.
History shows that 'scary sell-offs' often turn into bounce-backs, so here's some advice for uncertain times like this.
Only two things can save the market right now, the Fed cutting rates aggressively or the virus being contained.