Going down?

[The beef 675] [I'm an image] “It’s times like this I almost wish I hadn’t bullied those kids in school that ended up building doomsday bunkers.” - Jason Hey there carnivores, Markets were down again on Thursday, as coronavirus fears hit an all-time high. Today we’re talking about the markets’ free fall. Keep raging, Jeff & Jason [Image] [I'm an image] Does this look infected? "Ugh, is this week over yet?" - investors everywhere. Markets took a major hit Thursday, as coronavirus fears continue to spread stateside. Orange County (sorry, not the show) [issued an emergency order]( as a patient in Northern Cali, or 'NoCal' if you're a surfer named Kyle, was described as potentially being the first person in the US to contract the coronavirus without traveling abroad. California’s Governator (sorry, not Arnold) Gavin Newsom also casually added that the state was monitoring 8.4k people for coronavirus. And Here. We. Go. The fallout The US markets dropped faster than inhibitions at WeWork's 2017 Holiday Party. The big 3 indices, the Dow, S&P 500, and Nasdaq, all fell over 4.4% on the day, and have officially entered correction territory, [joining about twenty other]( major markets around the globe. The S&P 500 set a record that it likely didn’t want, for the fastest correction from a record high in its 62-year history. The Dow, not to be outdone, [suffered its biggest]( one day drop (1.2k points) ever ... besting Monday's collapse. The S&P and Nasdaq both had their worst weeks since the financial crisis (falling over 10.5%), and the Dow is down 11.13% since last week. Certain industries [have dragged more]( than others, with the energy, IT, and financial sectors taking the biggest hits since last Wednesday. The bottom line... I hate to say I told you so... but... (ok, so technically the experts did and I just reported it). Cleverly dubbed ‘corona bears’ called a 10% to 15% correction... they just probably didn’t think it’d happen in the same week. But now that markets are officially in correction territory (which is when a stock falls over 10% from its recent high), one's left to wonder: what’s next? On the plus side, cases are decreasing in China... so we've got that going for us. [I'm an image] Urgent: While the stock market remains at the mercy of the coronavirus and set to experience its worst weekly decline in over a decade… one man continues to defy the odds. Since Jan 21, Jeff Williams is up a whopping 1,180%, turning $500 into $6,402. What If… What You’re Being Told About Penny Stocks, Are Cold Hard Lies… Robbing You of the Financial Freedom You Deserve. [Image]( Brand New Guide Reveals The Hidden Truth, In How Tap Into This Explosive Market [Grab Your Copy Today]( [I'm an image] ☑️Prime time. Walmart is taking the fight to Amazon on the e-commerce giant’s own turf, announcing a new subscription-based membership [to compete with Amazon](. Walmart+ (wow, the creativity!) will be rolling out as early as March, allowing customers to place orders with text messages... and so far that’s about it. Not many details were provided about the program and no price has been set, but Walmart already offers a same-day fresh grocery delivery for $98 annually. It’s going to be hard to compete with Amazon Prime. It’s not just the catalog of products, but Prime also offers same-day delivery and originally produced movies, shows, and music. I’m not saying Walmart can’t do it but unless they are shooting “Employee of the Month 2” with Dane Cook, it just sounds like they are bringing a knife to a tank fight. ☑️We were here first. Constellation Brands is [standing firm with its ad campaign]( promoting the new seltzer version of its Corona beer with the slogan “coming ashore soon” despite criticism that the campaign is in poor taste amid the whole “coronavirus” situation. The beverage maker announced last month that it planned to spend $40M on marketing the four new seltzer flavors, and it doesn’t give a sh*t who has a problem. Products have already started showing up on shelves, and at this point it appears jumping ship will be too costly. The Titanic’s captain felt the same way. Corona seltzer is already late to the game with White Claw, Truly, Bon & Viv, and even Bud Light already divvying up the market share. The Twitter announcement of the new campaign has caught plenty of backlash, but who knows, maybe that will help it... go... viral? (I hate myself). ☑️Under siege. Nobody messes with Steven Seagal. At least, nobody in real life. The martial-arts actor settled charges with the SEC [alleging that he didn’t disclose payments]( he received for promoting investment in a sketchy crypto-coin offering Bitcoiin2Gen, or B2G as it’s called by the youths. Seagal was supposedly paid $250k and $750k of B2G to use his likeness and promote the currency on his social media accounts. The SEC said Seagal agreed to pay $157k in disgorgements (sounds painful), though he did not admit or deny the charges. Deny til you die. Let’s go big picture, though: who in their right mind is buying cryptocurrency on the recommendation of Steven f*ckin Seagal? Welcome to 2020. ☑️Coffee to die for. While many businesses are still closed down in China, Starbucks [is getting back on its feet](, reopening all but 640 stores. Maybe a chai latte was the cure? According to Chief Executive Kevin Johnson, 85% of the company’s stores in the country are back in operation. Meanwhile, I’m pretty sure there are still people stuck on cruise ships in Japan… China is Starbucks’ second-biggest market, and the stock dropped another 3% yesterday after having fallen 11% since the start of the year. Still, the openings are big news for the coffee giant and a marked improvement from last month when half of its 4.29k stores were closed... not unlike its bathrooms in a neighborhood it deems “rough.” RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 Neither Raging Bull nor RagingBull.com, LLC (publisher of Raging Bull) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. 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