Sequoia Capital Just Dubbed The Coronavirus âThe Black Swan Of 2020â
Global confirmed cases of COVID-19 surpassed 100,000 overnight, with global deaths from the virus rising to at least 3,383. The U.S. has at least 233 cases, while the CDC has confirmed at least 14 deaths. The World Health Organization called on all countries to âpull out all the stopsâ to fight the coronavirus outbreak. âThis epidemic can be pushed back but only with a coordinated and comprehensive approach that engages...
Vipshop Holdings (NYSE: [VIPS]( Vipshop shares jumped as much as 30% yesterday after the Chinese e-commerce specialist reported solid fourth-quarter earnings. The company reported fourth quarter earnings per share of $0.41 on revenue of $4.21 billion, beating estimates for earnings per share by $0.10 and for revenue by $220 million. Vipshop CEO Eric Shen did caution that the coronavirus outbreak had impacted ...
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[Hereâs Why Oppenheimer Is Warning That Weâre Only In Stage Two Of A Three Stage Sell-Off](
After their worst week since the financial crisis amid fears about the spreading coronavirus, stocks staged a rally Wednesday following Joe Bidenâs [big win]( on Super Tuesday.
The Dow gained 4.5% Wednesday, the S&P 500 added 4.2%, and the Nasdaq traded 3.9% higher. But while stocks were heading higher, some experts on Wall Street warned that investors shouldnât bet on the marketâs downturn being over just yet.
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Featured Stock
[Vipshop Holdings Limited (VIPS) â Buy Target â $17.00 or better](
Vipshop Holdings Limited operates as an online discount retailer for various brands in the Peopleâs Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers womenâs apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; menâs apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men casual and formal shoes.
Other Top Stories
[Economic toll of outbreak deepens, duration remains unknown](
[Virus hits 100,000 cases as it upends lives, livelihoods](
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[Cruise passengers off California await virus test results](
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Trend Following Picks
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[(BLU) â Buy Target â $10.75 or better](
[(CBB) â Buy Target â $15.00 or better](
[(KIN) â Buy Target â $11.00 or better](
[(AAON) Buy Target â $58.00 or better](
[(DAVA) â Buy Target â $56.00 or better](
[All Picks](
Reversal Picks
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[(TK) Buy Target $3.91 Sell Target $4.57](
[(ARDX) Buy Target $7.25 Â Sell Target $7.85](
[(GPRO) Buy Target $3.84 Sell Target $4.12](
[(XOMA) Buy Target $24.74 Sell Target $26.31](
[(DHT) Buy Target $6.38 Sell Target $7.31](
[All Picks](
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