Early data on Gilead coronavirus medicine remdesivir is very encouraging -

Discussion in 'Wall St. News' started by Nighthawk, Apr 16, 2020.

  1. Yes I saw it DOW 705 !!!
     
    #21     Apr 16, 2020
  2. Almost most stocks up... wow
    A few days ago a have a filling do not make any shorts ... risky
    Check in my history
     
    #22     Apr 16, 2020
    JesseJamesFinn1 likes this.
  3. Can you believe 111 severe people got their life back this is priceless!!! Wow
     
    #23     Apr 16, 2020
  4. KCalhoun

    KCalhoun

    Yeah this may rally markets, so I stopped out of most of my inverses aftermarket and bought small SPXL GILD in case they gap up tomorrow.

    I was bearish til cv med announced, will scale back into inverses if they take out 2day highs, for now the bulls are back so I'll join in.

    The news is the first meaningful bullish recent data beyond fed that can slow the selling, so I'll hedge. It'll be interesting to see which sectors move the most :p
     
    Last edited: Apr 16, 2020
    #24     Apr 16, 2020
    JesseJamesFinn1 likes this.
  5. Turveyd

    Turveyd

    No totally different class of Virus, I think it's a SARS drug, which yes failed.
     
    #25     Apr 16, 2020
  6. Metamega

    Metamega

    I guess the question is this something Joe Blow can take themselves and what’s what’s the timeline like.

    I don’t believe the issue was ever survival rate, it was the strain on health care system. If everyone still has to go to hospital to get treated for a few days the beds still aren’t there.
     
    #26     Apr 16, 2020
  7. Well we should see DOW will get 24k and most important holds its level for a wile. Stay out of bearish 23655 territory. SP500 should strike up from 2800. And see what happened. I was buying from 3/23 and sick and tired to cover my positions. Let’s get bullish!
    .
     
    #27     Apr 16, 2020
  8. xandman

    xandman

    Who knows. Everything is fast tracked now. Here is a generic diagram:
     
    #28     Apr 16, 2020
    apdxyk likes this.
  9. I doubt it won’t be w bottom. I was buying from 3/23 it is not late yet come tonight and buy...
     
    #29     Apr 16, 2020
  10. mukoh

    mukoh

    Having a $75 -May/June calendar will be interesting for me in the morning.
     
    #30     Apr 16, 2020