Posted on 04/06/2020 10:35:27 AM PDT by Conserv
DOW up 1,180
NASDAQ 405
S&P 137
I’ll get back in when September comes.
It is slowing or is testing slowing?
We need to set a date to get back to work. We could say June 1st and get most people back in May.
Posted just before the Worldometers website updated the death count for NY today at 599, higher than yesterday and 2nd highest total so far (although the highest looks to have been a delayed count from the previous day which looks to be an outlier).
I wish people would stop getting into celebration mode until we've seen several days of declining death counts.
Allstate to return $600 million in auto premiums as pandemic cuts driving
Save it, troll.
Possibly - but the real number to indicate things are slowing down will be rate of new hospitalizations...the daily death count although an individual tragedy that cannot be downplayed is probably not the best measure of things slowing down as far as new serious infections as those can be occurring from infections from weeks prior.
Bite me.
In your dreams, troll.
Famous rock star dies of CV, all the stock traders were big fans - the stock market plummets!
I would disregard day-to-day changes, especially around the weekends. I’m convinced the Saturday/Sunday numbers are lower than they should be just because many government people aren’t even working.
I suspect the “economy is ruined for decades” claim will shortly be shuffled under the carpet as soon as it becomes obvious that both treatment and disease decline are real despite the stout assertions of the media that we’re all doomed and it’s all Trump’s fault. The most whispered question I’ve heard on my little corner of teh webz in the last couple of days is “Do I get back in yet?” Maybe so, maybe no. I’m holding out for a while but I’m a pretty conservative investor.
Testing is speeding up very fast
I think some people here are actually happy about this whole thing and that terrifies me :-)
I think it makes boring lives exciting. My life is boring but I don’t want this kind of excitement :-)
I agree. When the states and big cities report can be lagging or arbitrary. I would think looking at a curve of a rolling 3-5 day average might be more indicative of where we are at.
Like I said it terrifies me that some people seem happy about this virus and sad when any good news comes out.
I am glad they are not at the control of nukes LOL
No one is going by some counter website.
Cuomo said it himself that it looks like stuff is slowing there, and there are numerous other stories with positive news from various locations.
A majority of those stats are being re-rerouted from Johns Hopkins’ website. I would consider that to be about as reliable as anything.
I added some stock’s today. Not too much, just a few of the mainstays that are way off their highs.
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