While I could argue the difference, I won't...
If it was wrong then, it's wrong now and you are perpetuating it.
Coronavirus fears hammer markets - how far will it go?
- Thread starter rob feature
- Start date
While I could argue the difference, I won't...
If it was wrong then, it's wrong now and you are perpetuating it.
I'm sure with the proper amount of mental gymnastics we could make it sound like there's a difference between last time and this time.
It was wrong then, it's wrong this time and it will be wrong the next time. I'm just pointing out that this isn't the first time this kind of stupidity has happened.
And I'm just pointing out there doesn't have to be a next time. The people in DC live in a bubble. IME, they are WAAAY off what the rest of the country thinks. We disagree on much and that's ok. But in the end we're still Americans. Our strength is in our resolve to come together and fix things. We, as individuals, can start the process. I've made my decision and I implore you (and all others reading here) to join me. Interjecting politics into this issue is counter-productive. Be part of the solution, not part of the problem.
/soapbox
I'll allow it, just this one time.I fixed it for ya.......lol
Sorry, I couldn't help it.
rob feature
Noob
Any market predictions from the peanut gallery?
I think I saw signs of seller fatigue today. A brave me would make some light purchases Monday. A braver me will have to wait 'till next December
I think I saw signs of seller fatigue today. A brave me would make some light purchases Monday. A braver me will have to wait 'till next December
Grinder
Active member
Unpacking the origins, history and spread of China's Coronavirus epidemic.
https://www.youtube.com/watch?v=xeduTpQNRUc
https://www.youtube.com/watch?v=xeduTpQNRUc
Definitely from the peanut gallery...(look up the origin of that, if you aren't familiar)
The fundamentals of the economy are unchanged. The FED signaling rate cut stemmed bleeding today. Future depends on how Covid 19 progresses. If we keep it fairly well contained and it's seasonal, markets should rebound by late spring.
Yeah, a terrible week. Got a little better today after the feds said they'll use some financial tools to help it. Hope it's some great tools (infusion or rate change) and not a plain solar calculator type of tool.
Before buying, I would check if that company has already recently announced they will not meet the quarterly numbers (everyone won't meet other than health accessories/parts or related pharmaceutical companies). Otherwise when the company later does announce it, that's their turn for another -4% to -8% (big down after announcement, happened to several of my favorites, one after another).
If there's no big bad news this weekend I might buy some too on Monday. However it's difficult to find good news or at least not have so many scary bad news lately. More people thinking it's going to be a lame year.
Standard disclaimer: not licensed to provide any financial advice... on your own. Our group used various methods this past week... dumped all, dump some or sat tight (no conclusive direction). We all also know money is not important, but the lives and health of the people overseas and locally is more important. We also know some supply chains got shot already, and some additional problems are under reported or not always reported (will affect stock direction).
Before buying, I would check if that company has already recently announced they will not meet the quarterly numbers (everyone won't meet other than health accessories/parts or related pharmaceutical companies). Otherwise when the company later does announce it, that's their turn for another -4% to -8% (big down after announcement, happened to several of my favorites, one after another).
If there's no big bad news this weekend I might buy some too on Monday. However it's difficult to find good news or at least not have so many scary bad news lately. More people thinking it's going to be a lame year.
Standard disclaimer: not licensed to provide any financial advice... on your own. Our group used various methods this past week... dumped all, dump some or sat tight (no conclusive direction). We all also know money is not important, but the lives and health of the people overseas and locally is more important. We also know some supply chains got shot already, and some additional problems are under reported or not always reported (will affect stock direction).
Popular Science puts it into perspective
https://www.popsci.com/story/health...PzmIc62ptLZlTasDRXLh8Ocl7hJKC99Nn6Roj-MpvCGMg
https://www.popsci.com/story/health...PzmIc62ptLZlTasDRXLh8Ocl7hJKC99Nn6Roj-MpvCGMg
^Sure, but we have vaccines and antibodies to most of the above. Honestly, I'm not realy worried about it for me personally and infected patients are in my backyard. The issues is it will hit the elderly especially hard and those with compromised immune systems (similar to influenza, just without a vaccine, Tamiflu, etc.).
President is giving a speech about the coronavirus now, about to start, actually running late. The other day the market crashed the next day/morning after his speech. Let's see if better this time. We can catch the live speech on the USA Today website or on TV.
(Futures at +1.25, +1.11, +1.29 now before speech.)
(Futures at +1.25, +1.11, +1.29 now before speech.)
The press conference just ended. I think it went very well. It sounded very inclusive the work the healthcare people are doing (plus all parties and different countries too). It has a sense of control which is comforting. They had the various leaders and experts (half a dozen combined) answering all the questions.
(Market will be fine, and the president said it will take care of itself.)
(Market will be fine, and the president said it will take care of itself.)
We have reached the point of no return in regards to political partisanship in this country. Not sure who is to blame more. The republicans started it with their opposition to Clinton (Bill). The dems vowed revenge. It just took them 20 years and they have ramped up the hate 10 fold. Sadly, there's no going back once you cross the threshold with politics
As for the coronavirus, I wonder why the media isn't giving more credence to the theory of it originating from the level 4 bio lab in Wuhan? That lab has coronavirus AND it's funny how as soon as the Chinese leadership announced the virus originated in Wuhan the Chinese president and medical director started announcing stricter measures for protecting contagions in their laboratories. I know most of our politicians don't want to start any conspiracy theories with this as there would be all kinds of shitstorm consequences but there are several experts and a few others that are saying the actions and words of the Chinese leadership point to proof that it was from the Wuhan bio lab. No one still at this point can confirm how this latest coronavirus originated except that it came from Wuhan. Seems like an incredible coincidence to me that it came from the same city that has the level 4 lab. Another prime example to me why companies should not do business in China. They have already given the world a coronavirus epidemic before (SARS) and now another regardless of how the public became infected. Ultimately I guess these companies will profit more from doing business there than the temporary setbacks cost them. What happens when the Chinese release something truly diabolical from the lab in the future though? It's going to happen one day. Our medical experts always talk about how the Chinese have woeful containment procedures. So many bad things about China.
Grinder
Active member
[h=1]Dow jumps 1,290 points in biggest-ever point gain[/h]https://www.yahoo.com/finance/news/stock-market-news-live-updates-march-2-2020-003013975.html
Yeah sometimes it's easy, sometimes very difficult/painful. We go from worst day to best day in no time. Ok this should be my last post on this. I have a somebody from a Las Vegas purse store that started texting us pictures/info for the boss asking to pick something and this will go on all night. Also i should quit talking because it's really just going to crash soon.
For now, the US futures is moderate/good indicating a fine day tomorrow. The markets everywhere in Asia is very happy now, following the US market earlier today. Everyone there up +1% to around +5%. That +5% happens to be an iphone parts supplier (plastic/optical lens for camera section). Not sure why they're so happy, but that's ok.... we'll follow along and we all use the iphone as a barometer for consumer confidence and market sentiment even if the factory is missing some workers lol. That factory is also up quite a bit at +3% (very nice day for them too). If all their markets don't crash later in their day there, the US market may be ok/positive tomorrow. Best wishes!
For now, the US futures is moderate/good indicating a fine day tomorrow. The markets everywhere in Asia is very happy now, following the US market earlier today. Everyone there up +1% to around +5%. That +5% happens to be an iphone parts supplier (plastic/optical lens for camera section). Not sure why they're so happy, but that's ok.... we'll follow along and we all use the iphone as a barometer for consumer confidence and market sentiment even if the factory is missing some workers lol. That factory is also up quite a bit at +3% (very nice day for them too). If all their markets don't crash later in their day there, the US market may be ok/positive tomorrow. Best wishes!
the mortality rate of flu is ten times less than corona, and being as there is no treatment as such for it you’re playing Russian roulette, basically unless it’s spread is stemmed it’s potential to kill is ten times that of the flu, (people saying flu killed more people last year need to see how fast flu travels, and when it does how does it spread in terms of speed and infection rate, that’s why corona is a little more worrying, look how quick it’s got from China to various places around the world) it’s not really something to be laughed off, and it’s infection rate is very high when compared to things we actually have vaccines for (see the higher transmission stuff above) so unless we go a bit ott about it now it’s potential is ridiculous to kill lots of people in reality, so I don’t mind a bit of reporting about it as long as it’s factual and not literal scare mongering and bull