The Game Changer: President Trump Was Right https://spectator.org/the-game-changer-president-trump-was-right/ Everybody’s using it [chloroquine] now off label. We have a surge of coronavirus 19 patients throughout the metropolitan area of New York. And the problem is these patients are coming in quite sick. And when they get to a very difficult respiratory status, doctors are using hydroxychloroquine [an “analog” of chloroquine] with or without a drug called azithromax or azithromycin. And that’s showing tremendous activity, and we have not had a death in our hospital. We have probably close to 100 patients and not had any deaths. But I’ve talked to my colleagues at other hospitals in New York, and they are using hydroxychloroquine although the supplies are running down. So any kind of supplements to those supplies would be much appreciated…In the trenches, we’re all using it especially for desperately ill people. Not for everybody, but we’re using it on those people who show major respiratory compromise… We think it works in two ways. As you know, the death rate goes up as the age goes up. And what I think is that the more mature your immune response, the more likely you are to have what we call a cytocrine storm, which means that people with viral pneumonias die because their lungs fill up with fluids largely from an immune response. And this drug works not only inhibiting virus replication but also inhibits the immune response… (Emphasis added.)
The market appears to be topping, but not getting an easy read on the current action, particularly with NQ showing some relative strength here. Could easily rip higher from here, but maintaining a bearish bias for now.
36 out of 36 is a verbal statement by this doctor on US Television. Also, in France in their study, 6 of 6 patients given the drug combo went to zero virus in 5 days. 5 days seems to be the norm for recovery when using this combo. In addition, Dr. Mark Siegel agrees on TV that the efficacy is probably correct and this combo is well tolerated-----despite what Nigeria may say. The light is at the end of the tunnel here. Vaccine is not the short term answer.
Market definitely holding out for news on whether Dems will continue to block aid. We'll see what happens shortly.
Every rip continues to be offered back down... seen as an opportunity to exit the market after every new low! ... Beautiful 50% retrace short entry off swing hi in RTH... patiently waiting for signals to get positioned!
This recent correction proves once and for all that there is not such thing as a Plunge Protection Team in The US Market.---and if you thought there was and were counting on it, you need to stop. Successful trading comes when risk of total liquid networth is 2 percent or less on any one trade/idea.