wrong doesnt mean your out, arent we traders wrong most of the time and the key is you keep your losses short? eh?
I daytrade everyday....I am not long nor short bias in particular any order. Bias is the worst trader's enemy. However, just for some fun and entertainment purposes, I posted the poll here. I can be wrong as usual... Easy said to follow the market, but where to follow? What level of the stock you buy or sell??? That is the big difference between profittable vs blown-up traders. Also DISCIPLINE, DISCIPLINE. You can be wrong 70% of the time, and still profittable vs right 70% of the time and can't make a dime. Real traders know what I am talking about....This job isn't for everyone.
C19 Cure Wednesday massive market rally, C19 Cure exposed as fraud Friday massive sell off. Same as every week I believe.
You have 12 co's working on a cure . Every week you'll have a few phase 1,2 and 3 studies . The failed studies won't matter . I fig by year end no vaccine but dow 35k and p/e's will be 30-40 across the board with 20% year over yr earrings decline . Free money.
WHO just said, low chance of a 2nd wave as the Virus is finding it hard to survive. First positive thing the WHO have said this entire way through likely explains todays up surge.
Its possible. I read that with fewer cases, its making it difficult to do a proper study. I guess you need to find a hot spot with good infection rates where you can give some the vaccine and some a placebo, to really test the efficacy of the drug. If few new cases are being reported, it makes it difficult to see if the vaccine is working since nobody in either group is probably getting infected. I think the article said the virus might die out before we have a legitimate and tested vaccine.