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Coronavirus (Stay on Topic)

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I am in no way panicked. Just prepared. Also a 27 yo was one death not reported in China.
This is a number that seems more like the response from China. 100,000 dead will definitely make a government panic
 
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I don't mean to come off as a smart ass and I value the discussion here about this. It's hard to wrap your head around the actions of a number of nations in comparison to what's being done and said in this country. I feel like there are a good number of smart people on this board and it's nice to know what they are thinking.

The best we can do to get a fair short term gauge is watch SK and Italy. Honestly China and Iran are impossible to beleive no matter what we hear from them. Ive been on the fence since Jan monitoring this thing. Am I concerned this is the virus X thats been talked about for years? No Im not. I dont like some early data, that will need re- annalyzing such as how long this can hide out so to speak before symptoms. Also its safe to say this is easier or as easy to spread than the seasonal flu.
On the flip side watching SK,Italy it appears as of today this has a sub 2.0 mortality rate. Now if you use China reprted numbers,its higher than that. Also its a red flag China completely shutting down major cities for a month. Is it for other reasons and coronovirus was being used as a cover? Who knows, highly unlikely you would think,but again its China we are talking about.
No doubt we will pull through this. We really need to dial in our supply Chain managment as a country. Everyone is in China. Need more diversity, better yet independence for a whole host of reasons. We need to promote and discourage importing so many meds (100% penecillin), Steel from other countries. Not wise from a national security standpoint. Heck 95% of ibuprofin in USA comes out of China. The ole line when Nafta and all these global trade deals where being touted and promoted from elected officials the past several decades has turned out to be a false bill of goods. They downplayed these certain scenerios I just mentioned. We've built up a communist country into a superpower, and forefeited our independence of being able to supply our own basic needs like we use to.
We will get a vaccine for this thing. My hunch is it will fade away as we head toward April / May. This wiil buy us a few months. Then come back strong this Fall. I read about the spanish flu and it was season two that really laid the hammer down. Different times.
 

We shall see.
 
Is the medical field treating this the same way they do the flu? I know there is no vaccine yet. Just curious how the survivors have been treated and what increased the death rate.
We just have to be smart as a nation that hasn’t been effected as much as them... a cure or vaccine is coming but to get through tests and ethical obstacles it’s going to take about a year for it to be distributed .. at the earliest with no work arounds .. we just have to be safe vigilant and prepared for that year to keep things under control ... I also don’t know how everyone has been reacting to the US response but I think we are working a lot behind the scenes to stop this and to keep us safe but I can see where people can think were downplaying this but I think for our government it is smart to stay super prepared (which is what we’ve been advocating for for about a month now) and also not create a panic you don’t want the president of a nation going out saying this is extremely dangerous and could spread rapidly within days and 40-70 percent of u could be infected ... like that just causes and will cause too much panic for a nation this big .. there’s no need for that when we’re being protected by quarantined travel and two large oceans protecting us ... it’s much easier for us to control something like this in the homestead that it is over there ...
 
Sitting here at a cafe in Paris (unfortunately missing out on snow just about 20ish miles to the north yesterday) and it's top trending in the news here as well. Some ideas over the discussion of summertime in the northern hemisphere potentially inhibiting the spread of the virus: I'm not sure it'll just go away over June and July. I have a suspicion by winter 2020-2021 it'll come back and hit HARD. And as for the markets... just wow. Can somebody say panic selling????
 
When the engine stops the car will roll to a stop.. Say what you want but watch for the latest news to come from unlikely sources.they have been on top of this better than any news site or government statements. If fake this is the biggest hoax we have ever seen with the whole world in on it
 
You kinda have to wonder have seen the peer studies but this has hit China and Iran hard, all these ppl have more ace2. Not sure about Italians I will dig around this afternoon. I stopped looking into this thought it was disproven. But trends show it spreading worse in certain countries time will tell I suppose. I'm sure Iran's healthcare is terrible
 
Dow Jones futures have been sliding all night currently around -575....will be interesting to see if today there is a rally to try and end the week on a positive....looks like Friday will be off to a rough start though.

Just hit the highest of the AM at -94 now around -169. As the US wakes up let’s see how low of an open we have. I’m hoping it’s flat and we see some drop but some buying later to end the week. Can’t afford a repeat of yesterday.


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Just hit the highest of the AM at -94 now around -169. As the US wakes up let’s see how low of an open we have. I’m hoping it’s flat and we see some drop but some buying later to end the week. Can’t afford a repeat of yesterday.


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Not sure where you're getting your figures from but it still looks like we're sitting at -350, in hindsight it must have seriously taken a dip just recently. I noticed CNN's numbers are erroneous...

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Not sure where you're getting your figures from but it still looks like we're sitting at -350. I noticed CNN's numbers are erroneous...

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Its going all over the CNN page had it at -121 at 7:28 lol.....this site updates pretty quick and its hanging out around -300 to -350ish

 
Its going all over the CNN page had it at -121 at 7:28 lol.....this site updates pretty quick and its hanging out around -300 to -350ish


Big yikes. Been checking it all morning, pretty nuts to see a drop like that in just a few mins
 
I’m watching CNBC so in real time the implied open is as of this moment -384.
 
It was as low as -600 at one point. A lot will depend on how the European markets close and any news throughout the day. Regardless of what happens with the virus, the market needed to come down anyway.
 
Some of you need to go study up on the Stock Market, what is happening isn’t new and happens a lot. Market corrections are needed to cleanse the market. Yes it sucks if you are planning on retiring soon but it’s needed. Doesn’t matter if a Republican is President or a Democratic is. We are overdue and it’s completely normal.


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Some of you need to go study up on the Stock Market, what is happening isn’t new and happens a lot. Market corrections are needed to cleanse the market. Yes it sucks if you are planning on retiring soon but it’s needed. Doesn’t matter if a Republican is President or a Democratic is. We are overdue and it’s completely normal.


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Sometimes you have to burn the undergrowth so the forest can flourish...
 
Some of you need to go study up on the Stock Market, what is happening isn’t new and happens a lot. Market corrections are needed to cleanse the market. Yes it sucks if you are planning on retiring soon but it’s needed. Doesn’t matter if a Republican is President or a Democratic is. We are overdue and it’s completely normal.


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This isn't just some "normal" market correction, the cause of the dip in the stock markets is directly attributable to a virus that has the potential to become a global pandemic, the likes of which we haven't seen in a very long time. So no, this isn't "normal" in any way shape or form. In this case, it definitely matters who's president because it's very obvious Trump has no absolutely no idea what he's doing and cares more about the stock market than human lives & he and his department are woefully unprepared.
 
There are two numbers that show up in the futures market, depending on where you are looking. One is the futures value. The other is the futures value + Fair Value. The latter is the implied open. I don't pretend to fully understand how Fair Value is calculated, but it is necessary to add that number to the futures value to understand where the market will open. I believe Investing.com uses just the futures value, whereas CNBC combines both numbers to give you the more realistic implied open.

Either way, we need a bullish day to end the month on a better technical footing. Supporting a strong day is the fact that we've just had the fastest 10% decline in S&P history. Violent downside moves are met with rip your face off rallies....at some point. It's going to happen in the next handful of days. Could be today. Going against, the news flow continues to be negative and uncertain. Who is going to want to be a buyer going into the weekend under these circumstances? These two competing forces will be interesting to watch.

Investing.com is currently showing -268 again, which is lower. Hopefully, some Fed speakers will make the rounds today and hint at liquidity injections or lowering rates and stop the bleeding.
 
This isn't just some "normal" market correction, the cause of the dip in the stock markets is directly attributable to a virus that has the potential to become a global pandemic, the likes of which we haven't seen in a very long time. So no, this isn't "normal" in any way shape or form.

You could also have said this about the real estate collapse years ago. Every correction is different but serves the same purpose.


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You could also have said this about the real estate collapse years ago. Every correction is different but serves the same purpose.


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Many people also said this during the great recession in 2008 and we obviously know how that turned out. The reason the market is crashing isn't by any means normal nor are the losses that we're incurring. 13% drop in the dow since its peak in just 4 days w/ continued tumbling already evident today is very troubling or should be anyways, especially given that overseas markets are also continuing to be inflicted w/ heavy losses.
 
There are two numbers that show up in the futures market, depending on where you are looking. One is the futures value. The other is the futures value + Fair Value. The latter is the implied open. I don't pretend to fully understand how Fair Value is calculated, but it is necessary to add that number to the futures value to understand where the market will open. I believe Investing.com uses just the futures value, whereas CNBC combines both numbers to give you the more realistic implied open.

Either way, we need a bullish day to end the month on a better technical footing. Supporting a strong day is the fact that we've just had the fastest 10% decline in S&P history. Violent downside moves are met with rip your face off rallies....at some point. It's going to happen in the next handful of days. Could be today. Going against, the news flow continues to be negative and uncertain. Who is going to want to be a buyer going into the weekend under these circumstances? These two competing forces will be interesting to watch.

Investing.com is currently showing -268 again, which is lower. Hopefully, some Fed speakers will make the rounds today and hint at liquidity injections or lowering rates and stop the bleeding.
There is definitely a light at the end of the tunnel for the market. The question is, is it a train?
 
It was an Op-Ed from Steven Mosher of the Population Research Institute. And until I see definitive proof with my own eyes, I will continue to believe that it was bio-engineered. MIT and Rutgers both receive governmental grants for science and medical research so for their professors to come out and say this doesn’t surprise me. If you want to continue to receive government funding, here are your talking points. GTFOH, not even giving consideration to the fact that this ish was possibly made by the PRC. Home to more human rights violations than anywhere else in the world. The country that executes ethnic Muslims and threatens journalists with violence for reporting the truth. Stay inside your little cocoon. Those of us who live in the real world still consider both sides of the coin.

He's a social scientist that specializes in anthropology. He's not a medical professional in any way. So his op-ed is what convinced you? Talk about irresponsible.
 
Dow futures are down about 600 points now. Not looking good for folks clinging to hope that there will be some massive rally today. Given how other markets are doing overseas (terribly), I'd consider that possibility highly doubtful and borderline wishcasting.
 
Dow futures are down about 600 points now. Not looking good for folks clinging to hope that there will be some massive rally today. Given how other markets are doing overseas (terribly), I'd consider that possibility highly doubtful and borderline wishcasting.
It seems like there are two possible scenarios. The markets slowly decline for the next six months to a year but then rebound fast, most likely. The second possible outcome is near depression worldwide, unlikely but possible.
 
Dow futures are down about 600 points now. Not looking good for folks clinging to hope that there will be some massive rally today. Given how other markets are doing overseas (terribly), I'd consider that possibility highly doubtful and borderline wishcasting.
US market usually leads other major markets in environments where volatility is high. We'll see how the day unfolds, but from a technical standpoint, we are extremely oversold and due for a big bounce. I'm not saying that will stick, but nothing goes straight down.
 
US market usually leads other major markets in environments where volatility is high. We'll see how the day unfolds, but from a technical standpoint, we are extremely oversold and due for a big bounce. I'm not saying that will stick, but nothing goes straight down.

I'm very doubtful we've reached the floor and today will be the day we bounce back. Starting off 600 points under is not a good look
 
No one in their right mind would buy stock going into the weekend under these circumstances. Once Monday rolls back around and the world is still spinning on a 23.5 degree tilt, we should all be able to move on with our lives. But if this weekend is riddled with bad news, then I’m afraid that might not happen. That’s why the political aspect of this thing really has me torn. We’re not just dealing with a virus at this point.
 
The market is driven by a speculation based on the level of confidence in future growth. We are looking at a outcome that ranges from just a cold for most people and minimal impact on the economy to a pandemic that cripples the world economy.
 
This isn't just some "normal" market correction, the cause of the dip in the stock markets is directly attributable to a virus that has the potential to become a global pandemic, the likes of which we haven't seen in a very long time. So no, this isn't "normal" in any way shape or form. In this case, it definitely matters who's president because it's very obvious Trump has no absolutely no idea what he's doing and cares more about the stock market than human lives & he and his department are woefully unprepared.

That's a rather simplistic analysis of the situation; other global capital markets are being hammered as well and Trump has nothing to do with those markets.
 
That's a rather simplistic analysis of the situation; other global capital markets are being hammered as well and Trump has nothing to do with those markets.
The most powerful man in the world doesn't effect world markets?
 
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