and a miracle buyer stepped in, to bang it back up and tap AU down….it’s the World versus the scum.
Putting Corona virus into perspective with H1NI for example
Estimated 60 Million cases and about 12,500 deaths in 2009 in US alone. https://www.cdc.gov/h1n1flu/estimates_2009_h1n1.htm
Nobody panicked then that much. Just saying….draw your own conclusions.
Mr.Copper @ 13:19
Nope.
Always been Captain Hook.
Originally started posting on GE back in 2002 and then moved here even when I had my own blog.
Cheers
Goldielocks
The Kids and parents all traveled normally, there and back…..we have no restrictions on anyone, we ‘lost’ nearly 500 Chinese people a while ago. any one can come and go. ….and get this the Department of Health is saying to schools, u don’t have to close!!!!!!
No masks available, all sold out ages ago….U can’t get coffee filters either, as it looks like they are making masks, instead.
The one thing I do know, is that if it breaks out in the UK, it will be a massive cluster f**k, tks to how totally useless all our people are in authority…especially the government.
we now have 2 weeks plus food in….
Richard640 @ 9:17
Ya we are getting a bounce now because the gamblers were getting too bearish and Trump is speaking tonight, but the decline is probably not over. The bureaucrats are thinking they are saving their economy (not ours) by lying to everybody, but unlike their other lies, this virus shit is outside of their ability to fix with simply controlling the narrative.
At some point they will need to come clean about the pandemic they are actually creating, at which point it should get really ugly. This could come soon as the quickening is accelerating into light speed now. This bounce in stocks could last longer than anybody thinks because the bureaucrats, with Trump in this grouping now cuz of his desire to get re-elected, will not want a really bad month end close.
We will have to see, because the momentum chasing hedge funds might not want to show excessive tech stock holdings at month end too.
An up Wednesday after a down Monday / Tuesday, is often part of a continuation pattern into week’s end, meaning we go back down again starting tomorrow. Lots of shorts will be covering here.
Buyer beware.
Cheers
Maddog
Ps Might want to go grab up a bunch of masks and may safety glasses with seal rims now. The masks will sell out fast from all sources.
Maddog
I’m glad they brought the kids home but wonder why they didn’t get quarantined? Did they get to transfer buses through the no go zones?
I guess there is some perks so socialism if you can go on school outing to the Alps but not worth the cost what it’s doing to your country.
scum Algo’s are on full crush mode….no PM rally allowed on any SM down tick
but as soon as SM upticks, PM’s pushed lower….
Schools starting to close in UK, due to virus fears
Lots of schools sent their kids skiing for half term into the Italian Alps and now kids are going down with Flu type symptoms…..Really bright idea that, as the virus had already broken out, yet no-one cancelled and no-one was quarantined when they came back.
Even the trannies are in gear-this is setting up a whale of a sale–trump speaks at 6pm on the virus–that will be
an upbeat report and may allow for a gung-ho open tomorrow…trannies up 70…
Call buyers on the March 6th VXX 19–19.50 and 20 buck strikes are going absolutely ape sh*t…so I expect stocks to finish with a big gain…only thing that bothers me are the trannies…they keep fading…now up only 13
R640
What I’d love to see in pm’s is a down open like we’ve had followed by a reversal higher.
That would fit the “world view”
Bonds are being sold fairly aggressively-so maybe today stocks stay up most or all ofr the day-I’d love to see
an up day today and an up open tomorrow would be a great opportunity to buy back in to some VXX calls…I think this mkt is going much lower and VXX could go to 30 or 40 bucks…I sold my $11 calls yesterday for $320 each…I was touting VXX calls for 6 weeks…too bad none of yas didn’t buy any…
What’s it take to piss people off?
U.K. Home Office Covers Up Huddersfield Child Rapists
https://www.zerohedge.com/political/uk-home-office-covers-huddersfield-child-rapists
Same old BS
Nothing ever changes.
I don’t know how this could be but the Global Dow index is down 80 pts or 2.57%–the most i have eveb seen
Asia was down only a half to one percent and europe is barely down…
Pre Market GLD NUGT etc up With Spot Gold down $4 today
Are share investors starting to ignore the futures action?
SM losing its early rally already
I guess we’ll have to see whether pm’s – especially gold – has worked off enough of the overbought situation to hold the pre-market gains we’re seeing this am.
Ten Yr. rates up a few ticks to 1.36%, so maybe the SM rallies today?
If we see a couple more 1K point down days in a row, gotta wonder when the Fed will step in a cut rates or try to do something.