World stock markets plummet, driven by oil shock and coronavirus fears

The coronavirus initiated market sell-off has erased over (USD) $9 trillion in value from global stock markets over the past 9 days. 

There are many companies that are caught up in the global sell off even though they have not been directly impacted by the virus. 

Although such times present a doom and gloom mentality, money can be made when stocks have tanked. Baron Rothschild is famously credited with saying that “the time to buy is when there’s blood in the street”.  With that metaphor in mind, here are some of the largest capitalised stocks that have taken a significant hit. While nobody can be sure of the next move, we believe that these stocks are worth investigating further.

Largest capitalised stocks that have been heavily impacted by coronavirus fear

NASDAQ:MSFTNASDAQ:GOOG
Microsoft, Inc.Alphabet Inc.
Down 20% Since 21 Feb 2020. Trading at Nov 2019 Levels. Down 20% Since 21 Feb 2020. Trading at Oct 2019 Levels.
NASDAQ:AMZNNASDAQ:FB
Amazon, Inc.Facebook, Inc.
Down 17% Since 21 Feb 2020. Trading at Dec 2019 Levels. Down 22% Since 21 Feb 2020. Trading at Jun 2019 Levels.
NYSE:BRK-ANYSE:V
Berkshire Hathaway Inc.VISA Inc.
Down 15% Since 21 Feb. Trading at Jan 2019 Levels. Down 19% Since 21 Feb. Trading at Oct 2019 Levels.
NYSE:WMTNASDAQ:TSLA
Walmart Inc.Tesla, Inc.
Showing relative strength. Seems to be recovering faster than others. Down 34% Since 21 Feb 2020. Trading at Jan 2020 Levels.

Here at Monex, we’ve been trialling and implementing a set of exciting new trade research tools that we will soon make available to all our clients. The charts above were generated automatically as trading ideas using them.

With over 50,000 listed securities across 12 markets, these tools are a great way to narrow down potential candidates for trading and investing.

These trading tools will provide you personal access to trading ideas, research and analysis across stocks and ETFs within the 12 global markets that the Monex trading platform gives you access to.

In the coming weeks, we’ll make these same tools available to clients so that you can conduct your own research with the aim of making your trading life easier and saving you a wealth of time in the research and investigation into possible trade candidates all over the world.

Risk Disclaimer: The information above is of general nature only and does not take into account your objectives, financial situation or investment needs. Prior to you making an investment decision, please make sure you carefully read and fully understand our Financial Services GuideTerms and ConditionsPrivacy Policy and other relevant documents that you can obtain from our website (www.monexsecurities.com.au). Monex Securities Australia Pty Ltd (AFSL No. 363972; ABN 84 142 210 179) is the Financial services provider. Financial products trading carries risks and may not be suitable for all investors. You are strongly recommended to seek independent financial advice before making any investment decisions.