keepthefaith

So it's a good time to buy an oil ETF.

Heck no. Their reported cases roared to 80K and then all but stopped rising. Nowhere else on earth has this thing dropped out of sight like that. Maybe they're executing sick people now so that the cases and causes of death numbers aren't related to their flu.

Yes but Trump is his own worst enemy as he dirties up an otherwise good presentation by rambling on and on answering that type of question. He's got some very good people around him working on this problem and out of respect for them he should shorten and polish his answers. I'm sure his own team listens to his some of his rambles and they want to hide.

Investors taking advantage of (and creating) volatility. Hedge funds making a bloody fortune right now.

From an email I received, the author of the content is from Stanford Hospital Board. A few interesting tidbits that might be useful. CORONAVIRUS -- 1. If you have a runny nose and sputum, you have a common cold 2. Coronavirus pneumonia is a dry cough with no runny nose. 3. This new virus is not heat-resistant and will be killed by a temperature of just 26/27 degrees. It hates the Sun. 4. If someone sneezes with it, it takes about 10 feet before it drops to the ground and is no longer airborne. 5. If it drops on a metal surface it will live for at least 12 hours - so if you come into contact with any metal surface - wash your hands as soon as you can with a bacterial soap. 6. On fabric it can survive for 6-12 hours. Normal laundry detergent will kill it. 7. Drinking warm water is effective for all viruses. Try not to drink liquids with ice. 8. Wash your hands frequently as the virus can only live on your hands for 5-10 minutes, but - a lot can happen during that time - you can rub your eyes, pick your nose unwittingly and so on. 9. You should also gargle as a prevention. A simple solution of salt in warm water will suffice. 10. Can't emphasis enough - drink plenty of water! THE SYMPTOMS 1. It will first infect the throat, so you'll have a sore throat lasting 3/4 days 2. The virus then blends into a nasal fluid that enters the trachea and then the lungs, causing pneumonia. This takes about 5/6 days further. 3. With the pneumonia comes high fever and difficulty in breathing. 4. The nasal congestion is not like the normal kind. You feel like you're drowning. It's imperative you then seek immediate attention. Serious excellent advice by Japanese doctors treating COVID-19 cases: Everyone should ensure your mouth & throat are moist, never dry. Take a few sips of water every 15 minutes at least. Why? Even if the virus gets into your mouth, drinking water or other liquids will wash them down through your throat and into the stomach. Once there, your stomach acid will kill all the virus. If you don't drink enough water more regularly, the virus can enter your windpipe and into the lungs. That's very dangerous. The new Coronavirus may not show sign of infection for many days. How can one know if he/she is infected? By the time they have fever and/or cough and go to the hospital, the lung is usually 50% Fibrosis and it's too late (Fibrosis is not reversible). Taiwan experts provide a simple self-check that we can do every morning. Take a deep breath and hold your breath for more than 10 seconds. If you complete it successfully without coughing, without discomfort, stiffness or tightness, etc., it proves there is no Fibrosis in the lungs, basically indicates no infection. In critical times, please self-check every morning in an environment with clean air.

This is probably TMI but I'll put it out there. My wife and I are in late our late 50's. Over the years having had various employers and more recently a couple businesses we've accumulated a bunch of investment accounts all too scattered. Late last year we decided it was time to get most things under one roof if you will and we shopped for a managed account in which to consolidate it. Picked a firm, very well regarded in this area, they have about $10 billion under management so large enough to be of some sophistication and small enough to be somewhat personal. Also they are fiduciaries. During our deliberations and getting things set up which was in December of last year I expressed on multiple occasions my desire to reduce my exposure to the market significantly feeling that the market was overbought and that there was more downside risk than upside. They and my wife felt otherwise so I caved and we continued with a more aggressive approach. Some diversification yes but not to the extent I really wanted. I did, however, sign off on it. Our stuff got transferred and a lot of it sold and re-invested into their recommended mix literally weeks and days before the you know what hit the fan. So the past month has been very (and I mean very!) painful. Yeah it'll come back and we aren't using the money now but had we sold a bunch with the S&P at around 3300 which is where it was at decision time, I'd be feeling a whole lot better and we'd be perfectly positioned to jump back in. Now we'll look for the tax benefits of this debacle but that's a consolation prize. I'm really pissed at our advisors because I feel they didn't listen to me but ultimately it was my decision and I'll have to live with that. This relationship though may not survive another month. I've already contacted what was my plan B late last year. Not happy at all. That could get complicated for sure and that's a sizeable operation to navigate through this. Hope it's not too painful. Best of luck.

Agree. My main business employs 12 people and it's a very hands on distribution business. If one of us gets this and we have to make a decision to keep everyone home for a period, we're shut down. Salespeople can work from home to an extent but if we can't prep orders and ship we're done. For this reason we've been cleaning up touch areas multiple times a day and forcing hand washing whenever entering and leaving the building. So far so good.

There's no way to know when the absolute bottom is obviously. My belief is that poorer future economic data and further proliferation of the virus will result in the market going lower. Buying on the dips such as Thursday of this week and future dips will likely be rewarded. Of course you know that too.

That statement, that we are not near the bottom I still believe strongly.

Yes very wrong but a good oops. I thought the President speaking this afternoon would take the air out of the market today. No idea what he said so apparently a positive. I'm wrong half the time or more on the market which is why I have someone else manage my stuff.

The market will be down by the end of today. We're not near the bottom yet.

With super low interest rates and low taxes and ongoing big gov spending stimulus we should be able to rebound if the virus passes but there are so many moving parts in the economy.

Maybe but the economy you speak of is in the rear view mirror. Sharp reductions in consumer and business spending will undoubtedly put us into a recession by 3rd quarter of this year. There will be a lot of businesses hurting or posting lesser results for some time, and they will reduce hiring and payrolls. It'll take a long time for earnings to rebound and for the market to trade anywhere near a 20PE again. It's taken 7 years or so for each of the past 2 recessions for the S&P to get back to even after the onset of those bear markets.

Yes me too when I didn't sell a bunch in January when everything in my bones told me to do so. Riding it into the crapper now like many, but will have to go in even greater as the dust settles. Will likely be a long climb back though. Years.

Unfortunately what we are seeing now and will see in the coming months will motivate the thought of biological war development.

The media has earned being crapped upon and not just since Trump.

We have at least 100 rolls of TP here at the office so what a relief that is. Still haven't figured out though why the masses need so much of it. I haven't read that months of diarrhea is a symptom of this thing.

Are you mocking Joe for his stutter? You know the stutter he's had since he was a kid?

What is with the rush for TP? What are people thinking?

Depends in which state they are looking. Concealed carry is not legal in all states.

Your cheering this kind of stuff is really disgusting.

Markets are often not rational up or down. It's not that simple. The airlines have lengthy contracts in place for fuel so they may not see the benefits as quickly as we do at the pump filling our automobiles.

Well, hopefully he backs up his claim with some substance. Otherwise it's just more Trump being Trump in the minds of many.

Yes and that narrative worked at the time because not only was Joe old and showing signs of senility - he was also a white male. A few months ago the leftist media was dying for a "minority" to be the nominee. Joe was a worthy target then. Now with them all gone it's time to get on the Joe train.

His supporters understand this perfectly.