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When will the stock market bottom in this coronavirus crisis

When will the stock market find a bottom, being an opportunity for stocks to buy

The answer to when will the US stock market find a bottom after the steep selloff during this global coronavirus crisis is not an easy one. In fact, if it is supported with facts that have great validity it is priceless for stock trading, stock investing. For now, all opinions mostly based on models, predictions and technical analysis about searches related to stock bottoming patterns, market bottom indicators, how to tell if a stock has bottomed, stock market bottom, has the market bottomed are just estimates.

The stock market will bottom when the good news about the vaccine for the coronavirus hit the news, or fear and panic are both reduced, and traders, investors start buying stocks and equities considering them to be near very attractive price levels. Most probably it will be another FOMO effect (fear of missing out), now buying stocks rather than selling stocks. There will be a great distortion for the fundamentals and valuation of stocks until we get official earnings reports and economic indicators which will show how the degree of economic impact coronavirus will have on the economy.

The stock market will bottom when a broader stock market index, Russell 3000 start to rise

“What Is the Russell 3000 Index?
The Russell 3000 Index is a market-capitalization-weighted equity index maintained by FTSE Russell that provides exposure to the entire U.S. stock market. The index tracks the performance of the 3,000 largest U.S.-traded stocks which represent about 98% of all U.S incorporated equity securities.”

Source: https://www.investopedia.com/terms/r/russell_3000.asp

The Russell 3000 index has not made a death cross yet in 2020, despite the latest stock market selloffs

” A death cross occurs when the 50-day moving average (DMA), which many chart watchers use as a short-term trend tracker, crosses below the 200-DMA, which is widely viewed as a dividing line between longer-term uptrends and downtrends. The idea is the cross marks the spot that a shorter-term selloff can be defined as a longer-term downtrend.”

Source: https://www.marketwatch.com/story/a-bearish-death-cross-has-appeared-in-the-dows-chart-2020-03-20

Russell 3000 Index daily chart
Russell 3000 Index daily chart

Source: MarketWatch.com

As seen on this chart with data at close on March 20, 2020, the Russell 3000, has not yet made any death cross in 2020. The Dow is the only stock index compared to the S&P 500 and Nasdaq Composite to have made a death cross recently. This could be a bullish sign for stocks.

Stocks

We place emphasis first on the fundamentals of stocks, and after that to technical analysis. But the fact that the Russell 3000, has not yet made any death cross in 2020, maybe an optimistic sign for stocks to invest in,
stocks to buy. We just cannot predict the actual bottom for the stock market. Monitoring the news and stock prices, stock quotes and latest financial and business news will tell us about the when will stock market bottom. Important economic indicators to monitor are the retail sales, GDP figures, unemployment readings, non-farm payrolls readings. When will the stock market bottom in this coronavirus crisis is too risky now to make a prediction. Or where the market is headed. Caution is required for stock trading, stock investing, and mostly good risk management and money management.

How do you know if a stock hits the bottom?

The truth is, you do not. You just observe higher stock prices and other technical aspects. Bottom-fishing stocks can be too risky.

Investing

Check this link for stock trading.


Stock market top losers January 13 2020

Stock market top losers

These are the stock market top losers, biggest stock losers for US stock market on January, 13, 2020.

What stocks took the biggest hit today?

Bigeest Stock Losers
Company Price Change % Change
ILMN Illumina Inc 323.15 -12.38 -3.69%
ANTM Anthem Inc 296.74 -11.00 -3.57%
CI Cigna Corp 203.51 -6.77 -3.22%
XEC Cimarex Energy Co 52.62 -1.39 -2.57%
AAP Advance Auto Parts Inc 145.26 -3.75 -2.52%
HUM Humana Inc 356.88 -7.24 -1.99%
FANG Diamondback Energy Inc 90.48 -1.78 -1.93%
BKR Baker Hughes Co 24.41 -0.45 -1.81%
PXD Pioneer Natural Resources Co 146.78 -2.62 -1.75%
COG Cabot Oil & Gas Corp 17.19 -0.30 -1.72%

Source: https://money.cnn.com/data/hotstocks/


Most active stocks today January 13 2020

Stock market

These are the most active stocks today January 13, 2020 as of 1:50 ET time for the US stock market:

1.NIO Limited (NIO), 3.6950 +0.1850 +5.2707%

2. General Electric Company (GE) 12.02 +0.35 +3.04%

3. Ford Motor Company (F) 9.17 -0.08 -0.86%

4. Advanced Micro Devices, Inc. (AMD) 48.47 +0.30 +0.62%

Stocks

All data is from Yahoo Finance.


US stock market update January 13 2020

Stock market

US stock market update. After two hours from the open today this is the latest US stock market update:

S&P 500: 3,279.15,+13.80(+0.42%)
Dow 30: 28,877.34,+53.57(+0.19%)
Nasdaq: 9,231.78,+52.92(+0.58%)
Russell 2000: 1,660.53,+2.88(+0.17%)
Crude Oil: 58.17,-0.87(-1.47%)
Gold: 1,552.70,-7.40(-0.47%)

Source: Yahoo Finance


Stock market news January 13 2020

Stock market news

Latest stock market news. Stock trading, stock investing, business, finance news:

Stocks

” The stock market could have its day of reckoning over the next few days if earnings don’t live up to investors’ optimism.

The US stock market is approaching a do-or-die moment as US companies struggle to live up to investors’ lofty expectations.
The market’s valuations have become stretched, creating near impossible growth expectations for 2020.
This week as earnings season kicks off, investors can get a sense of whether or not the market can keep going.
Warnings about a US stock market crash have been plentiful over the past month as several key events threatened to take down the bull market we’ve all grown to love.

Despite news of escalating tension between the US an Iran and ongoing impeachment proceedings in Washington, stocks have continued to march higher. But this week could offer a day of reckoning to fearless investors who’ve remained committed to their equities positions despite the troubling headlines. ” Source: https://www.ccn.com/preview-us-stock-market-rally-hinges-on-massive-week-ahead/


Stocks making 52-week lows for the week ending on January 10 2020

Stocks making 52-week lows

Stock market news. Stock trading, stock investing. These stocks made a 52-week low on Friday, January 10, 2020. Investing in stocks is risky, so further due diligence is required for these stocks. Here are these stocks making 52-week lows:

1. Sprint Corporation (S), close 4.8800-0.1200 (-2.40%)

2. Spirit AeroSystems Holdings, Inc. (SPR), close 69.70-3.09 (-4.25%)

3. Woori Financial Group Inc. (WF), close, 27.15-0.47 (-1.70%)

4. Qurate Retail, Inc. (QRTEA), close 8.50+0.54 (+6.78%)

5. Cinemark Holdings, Inc. (CNK), close 31.13+0.13 (+0.42%)

6. Six Flags Entertainment Corporation (SIX), close 35.96-7.80 (-17.82%)

7. Virtu Financial, Inc. (VIRT), close 15.22-0.62 (-3.91%)

Source: Yahoo Finance

S daily stock chart | stocks | stock market

Stocks

Just looking at the stock market chart, stock market graph to invest is very risky. Make further research about stocks to invest in, stocks to buy, stock prices, stocks to watch.


US Stock Market News January 10 2020 GIF

Stock market

Stock market GIF, January 10, 2020. Investing, trading, stocks. From investing for beginners to investing in stocks here is a stock market gif for stock market news on Friday, January 10, 2020.

Stock market news January 10 2020
Stock market news January 10 2020

Stock market news January 10 2020

Stock market news

Jobs report: U.S. economy adds 145,000 jobs in December, unemployment rate holds at 3.5%

“The U.S. labor market capped off 2019 with fewer than expected job gains and decelerating wage growth. The joblessness rate, however, held at a 50-year low.

Here were the main results from the Department of Labor’s report Friday compared to consensus estimates compiled by Bloomberg:

  • Change in non-farm payrolls: +145,000 vs. +160,000 expected and +256,000 in November
  • Unemployment rate: 3.5vs. 3.5% expected and 3.5% in November
  • Average hourly earnings, month on month: +0.1%vs. +0.3% expected and +0.3% in November
  • Average hourly earnings, year on year: +2.9%vs. +3.1% expected and +3.1% in November

The latest jobs report included downward revisions to both October and November’s payroll gains. New jobs in October totaled 152,000, down 4,000 from the previous estimate. And payrolls in November were revised down by 10,000 to 256,000.”. Source: Yahoo Finance.

How stock market closed today

The December jobs report why is the stock market down today is the main reason why is the stock market down today. At close on Friday, December 10, 2020 this the stock market market update:

  • S&P 500: 3,265.35,-9.35(-0.29%)
  • Dow 30: 28,823.77,-133.13(-0.46%)
  • Nasdaq: 9,178.86,-24.57(-0.27%)
  • Russell 2000: 1,657.64,-7.34(-0.44%)


The US stock market is waiting for the December jobs report today

Stock market

Economic and financial news move the stock market, as they are supposed to do so. Today a very important economic indicator, the December jobs report, non-farm payrolls will be released at 8:30 AM EST time. It can move stocks as in the past there has been increased volatility, as in the forex market as well.

What the US stock market is anticipating from the jobs report today

“The U.S. Department of Labor will deliver its December jobs report at 8:30 a.m. ET Friday.

The release is expected to cap off a strong year for the labor market, with the unemployment rate holding at a 50-year low and payrolls rising even as a temporary boost from November fades.

Here are the main results expected from the report, according to Bloomberg-compiled data as of Thursday afternoon:

Change in non-farm payrolls: +160,000 expected, vs. +266,000 in November

Unemployment rate: 3.5% expected, vs. 3.5% in November

Average hourly earnings, month on month: +0.3% expected, vs. +0.2% in November

Average hourly earnings, year on year: +3.1% expected, +3.1% in November

Payroll gains are poised to decrease in December after surging in November, when General Motors employees striking between September and October returned to work and pushed up results. But the end of the strike only accounted for a net 41,000 of November’s payroll gains – meaning underlying job growth was still well above the one-year trend even aside from the one-time effect.”. Source : Yahoo Finance.