Apple (AAPL) said that they will not meet the revenue guidance due to Coronavirus and market participants pooped their pants again.
Futures down 0.45% (now recovered a bit to -0.34%). This virus is an old news. Come up with something else.
I do not want to belittle the death of people, but just in the US itself, more people die from a common flu (influenza) than this Coronavirus and no one is freaking out about it, pooping their pants, claiming that companies will not meet their outlooks, and overall global economic slowdown?
This is totally Overblown. But, I will gladly take any dip and buy it. Once these idiots realize they are freaking about nothing and chasing themselves back into the market, I will be loaded up.