Solid large-cap earnings and narrow strength are creating a distorted picture of overall market conditions.
These sort of panics can be turn out to be lucrative opportunities for investors.
A quick resolution to the Coronavirus situation doesn't necessarily equate to a quick market recovery -- but these 2 domestically-focused airlines should weather it well.
The news coverage of the coronavirus may be too negative and sensationalistic, but that doesn't help us to quantify the ultimate impact.
Caution is definitely warranted, but don't buy into the 'panic' hype.
Dip buying is unlikely to be quick and easy this time, but eventually, the rush for the exits will create great individual stock picking.
These companies all could be strong -- even if the 2019 nCoV fear spreads.
There is only one way to logically navigate this action -- and that is to wait for the price action to shift.
Consumer spending contributed at least half of China's 6.1% growth in 2019. Just how bad will the coronavirus-induced cutback in spending over Lunar New Year be?
The China coronavirus, extended technical conditions and a 'sell the news' reaction to earnings are giving the bears ammunition.