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home / news releases / SPDN - The Coronavirus Sell-Off Is An Irrational Overreaction


SPDN - The Coronavirus Sell-Off Is An Irrational Overreaction

Situation Behind The Sell-Off

The fear that is taking hold of the markets is real and very widespread. While the virus is reason for concern and isolation, I think it's overdone, and as a result, a number of great opportunities for blue chip and value plays have arisen. What first started as a massive virus spread from the epicenter, Wuhan, has quickly spread globally with over 6000 deaths and counting. With school, restaurants, stores, and virtually anything human-manned closing for at least a month and fears of the virus becoming worse, the S&P 500 has

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Stock Information

Company Name: Direxion Daily S&P 500 Bear 1X Shares
Stock Symbol: SPDN
Market: NYSE

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