Stock Market News: Stock Market Review, March 2nd, 2020

Stock Market News: Stock Market Review, March 2nd, 2020

Coronavirus fear intensified

Last week, market sparks global sell-off, with the market down over 10% in just 1 week.
The sell-off was sparked by the coronavirus outbreak in Italy and subsequently confirmed case in the US.

Last week pick updates
Our Pick for 24th Feb 2020
1. No Pick

Market Updates

For now, the fear of coronavirus remains a key mover in the market.
However following from this, another contradicting expectation will drive the market to be extremely
volatile.
With the effect of the global outbreak, it is now widely expected that countries will announce
an additional stimulus to aid the market.
This is a tough market to trade, without clear development on the treatment, we are mainly going to
monitor only.

Our pick for 2nd March 2020
1. No Pick
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Till next week,
Happy trading

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