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JULY 3RD 9:45 AM–The market’s not going to like this on Monday…

Posted by Richard640 @ 12:39 on July 3, 2020  

Florida Passes New Jersey With More Than 175,000 Confirmed COVID-19 Cases: Live Updates

The market’s not going to like this on Monday…
While we didn’t take out the last record, hospitalizations in the state continued to climb at an alarming rate.
ES aren’t liking this (though fortunately the cash market will have the whole weekend to digest these numbers).
* * *
Update (1205ET): Arizona hospitalizations hit another record high as the state reports another 4,400+ cases and ICU capacity hits dangerously crowded levels (though, as we learned from Houston, there’s overflow capacity that can still be brought on-line). Total hospitalizations rose by 75 to 3,013 over the last 24 hours.
 
 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.