Every time WS can find a rock solid reason for correction. However, won’t this virus stall China’s economy and its tech prowess? Which mean better profit for US internet and semiconductor companies, right? US no longer needs to worry about China 2025, definitely can’t meet that target. What Trump try to achieve using Tariff war is achieved by this virus. So less urgency for Phase 2. In conclusion, the euphoria for cloud computing/ SAAS/ AI/ ML businesses would continue.
Do you think coronavirus is 30-45 days impact or 3+ years impact?
You have seen 600+ points DOW with trump tweet and then next day it comes back ! Like that, they bring down the market in the name of coronavirus.
US stock market will forget about coronavirus after 30-45 days (and after correcting just 10%). Market makers bring down the market deliberately with some scapegoat reason. They (Market makers) make money during this swing. They are the creators of the swing and they know when it drops and when it stops !
People believe this, that is the issue. People also forget this after 30-45 days.
U.S. stock futures added to Monday’s gains, with the Dow up more than 300 points in early trading. In China, the Shanghai Composite recouped some of Monday’s more than 7% decline, rising 1.34% during Tuesday’s session even as confirmed coronavirus cases rose.
Nobody care about the nCov-2019 anymore since Gilead’s rremdesivir is likely to be effective against the nCov-2019. It doesn’t seem lethal at all. Can view it as common flu. Soon we have to wonder what was the scare about.
‘What concerns me most if you did have a downturn — we are now 11 years in expansion — whether that’s one, two, three years forward, with the larger polarity that exists, the wealth gap and the political gap. I would be more concerned about that.’
Meanwhile, Dalio, who’s made more money for his clients since 1975 than any other hedge fund, according to Bloomberg, plans to hedge risk at this point.
“When you don’t know, the best investment strategy is to be smartly diversified across geographic locations, across asset classes, and across currencies,” Dalio recently wrote in a LinkedIn post.
Is he expecting an economic slowdown or a bear market? And probably lasts up to three years?
China changed its methodology for counting new cases last week, and no longer includes those patients who test positive without showing symptoms…
?
…the virus’ incubation period can last up to 24 days…
Typo? Thought is 14 days.
Buying was again concentrated in mega-cap stock such as Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN), despite a lack of newsflow out of either company.
Under one hypothetical scenario described by multiple officials, a household earning up to $200,000 could invest $10,000 of that income on a tax-free basis
This is a nutty bull market, any selling quickly becomes seller remorse.
