This virus is a nightmare within a nightmare...how can the markets be at all time highs?

Discussion in 'Trading' started by noddyboy, Jul 3, 2020.

  1. smallfil

    smallfil

    Keep whining and crying, ET trolls. The rest of us will continue to make monies.
     
    #11     Jul 3, 2020
  2. hafez50

    hafez50

    Take a peek at the Zimbabwe stock mkt . 80% of the population is starving and it’s total chaos . The mkts up 3 plus fold since March .
     
    #12     Jul 3, 2020
    _terminus_, KCalhoun and Onra like this.
  3. Turveyd

    Turveyd

    Ahhhh so lockdowns have started to cause the great famine of 2020 which will kill 100x's the virus as I've been saying, sucks to be right all the time.

    Companies have been able to reduce there staff without cost so great for there profits.
     
    #13     Jul 3, 2020
  4. I think there is a bit of overreacting. I am 64 in Dec and do not worry too much. I think I had it in Feb. but that is a different thread.
    Bottom line - we are testing a lot more and many ends up in the hospital with a broken leg and then gets tested positive, thus categorized as COVID hospitalization. Mortality is down compared to Feb and the vaccine will be here soon.
    COVID is not a death sentence. However, I agree the market is overbought and will test March lows again.
     
    Last edited: Jul 3, 2020
    #14     Jul 3, 2020
    Jones75 and Turveyd like this.
  5. southall

    southall

    Winter Is Coming :(

    I don't think immunity lasts long. Any Feb immunity will be gone by this winter.
    This things isn't going away, it is going to come back every year like the flu.
    The vaccine is years away, and when one is found you will probably need to get vaccinated every year, and hope they pick the right vaccine for the correct strain that year.
     
    #15     Jul 3, 2020
  6. StatGuy

    StatGuy

    Totally agree. I want to buy up some SPY puts but I am tired of seeing the market keep going up and up and up every day for no apparent reason. The long term economic outlook is not good.
     
    #16     Jul 3, 2020
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  7. KCalhoun

    KCalhoun

    But as hafez wisely said "trade what you see, not what you think".... saved me $$ :D

    Our fed printing press at some point will tank markets imo....

    Hope we survive the pandemic
     
    #17     Jul 3, 2020
    TimtheEnchanter likes this.
  8. Turveyd

    Turveyd

    So lockdowns 6months of the year, every year for ever more for something that 2nd time around will have less people to kill so 0.01% death rate. Definately won't do any harm to anyone that :(




    Or Man up and move on maybe ??
     
    #18     Jul 3, 2020
    TimtheEnchanter likes this.
  9. Overnight

    Overnight

    So it will be just like the flu in treatment...

    So it will just be like the flu in treatment.

    (And the vaccine is not years away. I'm sure they will have a candidate by X-Mas after fast-tracking the testing.)
     
    #19     Jul 3, 2020
  10. Turveyd

    Turveyd

    There is a chance it'll become a 2nd Flu strain kinda thing, but hasn't happened yet, nobody has had Covid 19 twice as of yet, so hopefully just a 1 shot deal, no doubt they'll label Flu deaths next year as Covid to keep the FEAR alive mind.

    If so, then the Vaccine will need updating every year just like the Flu to keep upto date and if that fails like the Flu more deaths.

    But as it's killed everyone that's got a weakness to it already, they'll be few next time around so less deaths than Flu and not a big issue.
     
    #20     Jul 3, 2020