Thread: Rod's Account Talk

Originally Posted by Mcqlives

I noticed it pretty much flatlined in the low 900's down when rumors of the fed buying paper began to circulate. I wonder if the fed fails to make an announcement before opening bell tomorrow if it will be a 2,000+ down day. Or if they do and this turns out to be a buy the rumor sell the news circumstance...

something must have been said at news conference. It erased most of those losses. Now down only 145. Was down 900 all weekend.

Originally Posted by Boomer01

something must have been said at news conference. It erased most of those losses. Now down only 145. Was down 900 all weekend.

The Fed cut the Federal Funds rate 0.00% to 0.25%. Key lending rate is @ 0.00%. Dow (Weekend Futures) jumped +700 on the news.

Right back down to -950 just an hour later. Interest rates are meaningless to businesses that are getting no business, plus the bond and stock markets had already priced in the 1% Fed cut last week.

As of now I am relieved because stock futures have hit the limit down once again, declining 5%. But, as we all know, a lot can happen between now and closing bell.

Posted on Friday...

Originally Posted by Rod

I abhor our noon cutoff time. I came really, really close to a 75 (G) 25 (S) IFT. Was logged into TSP.gov and ready to execute. But, I just couldn't go through with it once I saw the rally rapidly fading. I still sense that we will have some up days next week... thinking that Monday might be one of them with a stimulus package announcement either late today or over the weekend.

Will I regret that I did not make that IFT? Or will I be relieved?

We shall see.

Reportedly...

A clinical trial evaluating a vaccine designed to protect against the new coronavirus will begin Monday

The National Institutes of Health is funding the trial, which is taking place at the Kaiser Permanente Washington Health Research Institute in Seattle. The official who disclosed plans for the first participant spoke on condition of anonymity because the move has not been publicly announced.

Source: https://abcnews.go.com/Health/wireSt...onday-69611096

Where did they acquire the two samples or even one?

Has China allowed the CDC or WHO access to the epicenter yet? Access was provided early during SARS which enabled containment.

To answer both of your questions... no idea. But, I thought I read somewhere recently that WHO was allowed to enter the country.

Originally Posted by blueroadster

Where did they acquire the two samples or even one?

Canada or China? pick.

https://greatgameindia.com/wuhan-ins...f-coronavirus/

https://greatgameindia.com/chinese-r...-canadian-lab/

or maybe it was Harvard?
https://greatgameindia.com/chinese-b...gling-viruses/

Italy's COVID-19 death rate is @ an alarming +7%.

As of now in Italy:

24,747 cases

1,809 dead

Our seasonal flu death rate is, on average, 0.1%.

*** 0.1% ***

The W.H.O.'s latest COVID-19 "Global" death rate is 3.4%.

Therefore, according to these stats, especially the W.H.O.'s, we simply cannot compare COVID-19 with the seasonal flu, as so many are recklessly doing.

COVID-19's mortality rate is much higher than the seasonal flu's mortality rate. Period.

The average age in Italy is around 47, much greater part of the population at the higher end. USA is around 38. The death rates will differ based on concentration of elderly (more - higher; sadly).