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The World Health Organization Just Upped Its Risk Assessment To “Very High” For COVID-19

Plus, traders are pricing in a rate reduction from the Fed at its March meeting, Beyond Meat shares are tanking even after crushing sales estimates, and Big Lots shares are down more than-27% after the discount retailer warned of a “challenging first quarter of 2020.”

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Stocks Tank As Global Coronavirus Pandemic Fears Surge

Plus, Warren Buffett called Apple “the best business I know in the world,” Intuit is buying Credit Karma, and Walls Fargo has agreed to pay $3 billion to settle the criminal and civil cases against it.

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Groupon Shares Are Tanking After Q4 Earnings Disappointment

Plus, Citi says gold could hit $1,700 per ounce in the next 6 – 12 months, Tesla shares topped $930, and one speculative space stock has seen its trading volume explode.

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Apple Issued A Revenue Warning Due To The Coronavirus & These Chip Stocks Are Falling As A Result

Plus, Raymond James analysts said China’s response to the virus outbreak is reminiscent of the Soviet Union’s reaction to the Chernobyl nuclear accident, Walmart missed on earnings, and Franklin Resources is buying rival Legg Mason.

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Bed Bath & Beyond Shares Are Tanking After Retailer Says It’s “Experiencing Short-Term Pain”

Plus, the coronavirus finally has a name, Carnival Cruise Line said that the virus outbreak could dent full-year earnings, and Nissan is suing former Chairman Carlos Ghosn.

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Sprint Is Surging Higher After Judge Approves Merger With T-Mobile

Plus, Fed Chairman Jerome Powell said the central bank is “closely monitoring” the effects of the coronavirus outbreak, and Under Armour shares are sinking after athletic apparel maker said it expects low-single digit sales growth this year.

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Technical Analysis

1 Chipmaker To Buy Now As Its Chart Points To A Big Comeback

Recent weakness is presenting a buying opportunity for this chipmaker – and it could see double-digit upside just ahead.

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