The S&P has retraced all the gains from 2019. There are some former lows near 2100 and 2000 that could provide support. Otherwise, the 2016 low at 1810 is next major level.
While I personally don't think the selling is over just yet, there is and will be opportunity to purchase great companies at a discount soon.
The news will sound dire, social media will be worse, so practice social distancing from those things too.
For those of you working in our hospitals, urgent care centers, doctor's offices, thank you.
For those of you working in our grocery stores, restaurants, and food supply chains, thank you.
More commentary after the jump...Stock Market Outlook - Week of March 08 2020
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