Stocks

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The Dow just had the worst 1st quarter in 124 years. The S&P 500 has not been down in these three successive months since 2008. What does history tells about the stock market from here?

Boeing corp stock fell a further 25% after downgrades from S&P and Firch as the Coronavirus paralysed air travel. $BA had untill last month largely dodged a bullet with it's Boeing 737 Max fallout.

This was the third worst day in the S&P 500 since 1926. Equity markets experienced a crash lower, with circuit breakers tripping to pause selling both overnight and after the market opened.

AIM ImmunoTech (NYSEAMERICAN:AIM)on Monday announced testing its SARS vaccine Ampligen as a potential treatment for the new coronavirus (SARS-CoV-2). The stock $AIM leapt over 300% on the news.

Integration Network and Identity Management Company Okta Inc reported better than expected fourth earnings Thursday after the market close. Subscription revenue surged by 46% to $158.5 million. The results reflected the growing importance of identity

Iconic farming, forestry and construction equipment maker Deere beat first quarter earnings before the open Friday. $DE maintained guidance despite global risks, higher US dollar and higher raw materials and freight costs fueling higher expenses and uncertainty.

Chevron reported fourth quarter results Friday along with fellow oil major ExxonMobil. $CVX announced loss in the fourth quarter of 2019 from a profit last year. from upstream impairments and write-offs on Appalachia shale, Kitimat LNG, Big Foot, and other projects.

Oil giant ExxonMobil reported worse than expected fourth quarter earnings but higher revenue Friday before the market as  revenue missed in the chenical and downstream segments on lower margins and oil prices. $XOM traded lower on the report and Coronavirus concerns.

Video game maker Electronic Arts reported better than expected December quarter earnings after the market Thursday. However $EA traded lower after warning on next quarters revenue. FIFA Ultimate Team matches were up nearly 40% y/y as it competed with Fortnite.

Retail monster Amazon.com reported higher than expected fourth quarter earnings Thursday, beating on revenue and on EPS. $AMZN was up 10% on upbeat guidance now expecting higher revenue.

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