Coronavirus Fears Worsen, but not Fundamental Market Issue

Coronavirus and stock market

The stock market has taken a beating this week with the Dow Jones Industrial Average (DJIA) experiencing at least two quadruple digit loss trading days and a possible third today. The DJIA peaked earlier this month at 29,551 points, but is currently trading in the 24,000’s territory. While we are noticing and tracking these market moves, we are not yet concerned. We are still optimistic about investing in the 2020 stock market. Here’s why: The stock market does not behave…