Yeah, it's amazing how the market has discounted the potential pandemic threat with... "no worries, buy 'em anyway"...
It's amazing how many people are worried about a pandemic threat when they said it's not spreading in the U.S.
Death toll from Coronavirus exceeds 100 as number of infections skyrockets. https://www.nytimes.com/2020/01/28/world/asia/china-coronavirus.html Jan. 28, 2020, 1:59 p.m The outbreak of the mysterious new coronavirus is rapidly spreading, the Chinese authorities said on Tuesday, as the official account of known cases jumped nearly 60 percent overnight and the death toll exceeded 100 for the first time. ◆ China said on Tuesday that 106 people had died from the virus, which is believed to have originated in the central city of Wuhan and is spreading across the country. The previous death toll, on Monday, was 81. ◆ The number of confirmed cases increased to 4,515 on Tuesday, from 2,835 on Monday, according to the National Health Commission. The youngest confirmed case is a 9-month-old girl in Beijing.
I'm seeing a ton of "just BTFD" and "SPX 3500 by Feb" out there right now. Which makes me think there is more downside ahead.
There is no downside ahead. Wait til aapl reports earning later today.... Huge beat... And Spy rockets to 350 this week
I realised that market is perfectly right. Lets say apocalypse hits and half population dies. There will be so much leftover resources to redistribute it doesn't matter if you lost everything in a stock market crash. That is why no matter the only logical thing is to borrow all you can and buy the f***ing dip