Updated: May 16
The Coronavirus (Covid-19) Pandemic Correction threw the stock market into a whirlwind. Stocks had their worst drops in decades and the highest gains ever seen in stock market history, day after day. Trouble was rumbling as the virus spread across Asia and made its way into the United States through the airways. The uncertainty of what the future holds, supplies begin to dry up as Chinese factories close and the country shuts down its entire economy and government. In the beginning of March 2020, the Dow tumbles down to around 23,553 points, signaling an over 20% drop changing the bull market officially to a bear market after a 10+ year streak. Experiencing their lowest points in the last decade, now is the time to buy. The market bottomed out and the Dow Jones stabilized. As recovery numbers rise of patients and hopes for restarting the economy keeps investors interested, helping balance out the market overall as it begins to ascend again. This is your chance to sign up now for a free online broker account and buy stocks right from your phone! Day trading in the palm of your hands from the ease of your home. Start with fractional buys as low as $1. Invest in your favorite brands today!
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Stocks that we recommend:
In the airline industry, we have SkyWest, Spirit Airlines, and TransDigm Group
In the financial industry, there is Wells Fargo, PNC Financial Services, and Raymond James Financial
With the housing sector, you have Toll Brothers, Home Depot, and Lowe’s Companies, as well as U-Haul
Next, we have the public gathering place stocks such as Six Flags Entertainment, Cedar Fair, and Churchill Downs
Finally, we have the energy industry with Cheniere Energy, Hess, Halliburton, and Murphy Oil
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