Some investors are taking a counterintuitive approach when looking for a bottom in stocks amid this historic sell-off: They are waiting for the coronavirus headlines to get much scarier before buying.

Under normal market dynamics, investors and traders would wait for headlines around key catalysts to start improving before jumping back into riskier assets such as stocks. One example of this dynamic was seen during the “phase one” negotiations of the U.S.-China trade deal. As headlines improved and it became clear that a deal would get done, stocks started to turn around.

However, given the fast-spreading nature of the coronavirus, some market …continued .
[Source: CNBC News]