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nuckin_futz

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Everything posted by nuckin_futz

  1. US Congress' attending doctor says expects coronavirus infections to number 70 to 150 million Wed 11 Mar 2020 23:51:42 GMT US media report on 'closed meeting' comments from Dr. Brian Monahan, the attending physician of Congress and the U.S. Supreme Court. a closed-door meeting Tuesday that included Senate administrative office staff and personnel from both parties The report adds: Marc Lipsitch, professor of epidemiology at Harvard, said earlier this month that he thinks about 40% to 70% of the world's population could become infected with the virus, and of those, 1% will die 1% of 70 million (let alone the upper estimate) is 700,000 dead. ********************** World population is 7.7 billion, 70% of that is 5.39 billion, 1% of that is 539,000,000.
  2. First major athlete to become infected. He's a teammate of Superstar Footballer Cristiano Ronaldo.
  3. More on the rocket attack in Iraq - death toll Wed 11 Mar 2020 20:39:23 GMT Updating on the rocket attack - two US and one UK service members said to be dead approximately 12 others injured Info via Reuters, citing two unnamed US officials: speaking on the condition of anonymity stressed that this was initial information and could change. 15 small rockets hit Iraq's Taji military camp north of Baghdad
  4. Well if the bonus payment is incoming. Why not take a cash advance on the credit card and get in there? You know you're not going to get this kind of quality investing advice at your local Edward Jones branch, right?
  5. Come on man, you trying to tell me this guy is out of touch with common people?
  6. March Madness 2020 will be played without fans because of coronavirus March Madness 2020 will be unlike any NCAA Tournament ever. The NCAA announced on Wednesday that both the men’s and women’s NCAA basketball tournaments will be played without fans after consulting with its coronavirus advisory panel. “Based on [the panel’s] advice and my discussions with the NCAA Board of Governors, I have made the decision to conduct our upcoming championship events, including the Division I men’s and women’s basketball tournaments, with only essential staff and limited family attendance,” NCAA president Mark Emmert said in a statement. The deadly virus was upgraded to a pandemic on Wednesday afternoon, less than a week before the field of 68 was set to tip off with the First Four in Dayton. https://nypost.com/2020/03/11/march-madness-2020-will-be-played-without-fans-because-of-coronavirus/
  7. Don't catch a falling knife. You'll lose a few fingers in the process. Wait until the dust settles.
  8. I mentioned above there was some panic selling in a few things on Sunday evening. Someone or some fund puked out a big position. Below is a chart of the New Zealand dollar. Now this really shouldn't be something that blows out but there you have it. It puked about 5% in minutes. That's the kind of selling I believe you'd need to see in US stocks to feel we've finally taken care of some of the selling. Still have not seen any stories about hedge funds blowing up like we did all the time in 2008. Everything seems quite orderly. It's weird.
  9. I'd sure like to see it. I mean panic selling. Yeah for certain they are going to bail out everyone and everything. They all are, every major central bank. It's all they know. They don't care about long term harm. They care about right now and getting re-elected. Right now I'd say the December 2018 lows look like a decent target. That's S&P 2325, that's about 400 S&P points below here. But really who the Hell knows.
  10. OK i can sanction that. Dollar cost averaging is your friend.
  11. Their problems aren't simply that people are not flying and orders are being cancelled. The FAA isn't going to let the 747Max fly again until some very stringent conditions are met and that will take quite sometime. Boeing just tapped the government for a very hefty loan. Probably better places to get your gamble on.
  12. This is a current chart of Boeing. Wouldn't touch it here as the news flow is horrendous. The 52 wk high is $446.49, it's currently fetching $192.66. More than cut in half.
  13. This sell off is still pretty orderly. S&P futures volume today will be about 2.7M. We did double that about ten days ago. Saw some panic selling in various currencies on Sunday evening. Haven't really seen any panic selling in stocks yet.
  14. Yup and it will be ugly for quite some time. But eventually the virus will pass and then they will overstimulate financially speaking with interest rates at or near zero and you will see the mother of all bubbles. It's the only way they know.
  15. Wash your hands and DO NOT touch your face.
  16. India suspends all tourist visas over coronavirus Wed 11 Mar 2020 18:00:21 GMT India shuts down tourism That's a big move. If anyone needs to get ahead of this, it's India. There are currently 60 confirmed cases in the country of 1.34 billion. I can't even fathom the amount of suffering in a country like India in a total pandemic.
  17. Golden State Warriors to play home games without fans Wed 11 Mar 2020 18:11:27 GMT Adhering to San Francisco health offices order prohibiting events of 1000 people or more The Golden State Warriors plan to play home games without fans. This according to ESPN. This is an observance of San Francisco's health offices order prohibiting events of a thousand people or more. In other news Apple is closing all 17 retail stores in Italy due to the coronavirus. The stores will be closed until further notice. New York state reports 39 new coronavirus cases for a total of 212. Gov. Cuomo says the total cases in New York will continue to go up "dramatically". The CUNY and SUNY will move to distance learning starting March 19.
  18. Ask and ye shall receive. 10 rockets fall inside base housing US personnel Wed 11 Mar 2020 17:38:51 GMT Let's toss a war onto this bonfire The Iraqi army says 10 katyusha rockets struck Camp Taji. It's located 27km north of Baghdad. It houses US forces and members of the Iraqi Army and Iraqi National Guard.
  19. I am sure some went away and some are biding their time. it's a lot easier to sue when someone is a private citizen than the POTUS.
  20. No one has ever charged or accused him of raping them. His former wife Ivanna accused him of that but has since walked it back.
  21. Washington State bans certain gatherings of over 250 people Wed 11 Mar 2020 17:30:21 GMT Washington State aims to slow spread The ban is in place through March and the governor said it's likely to be extended. There is about to be a wave of similar announcements and I wouldn't be surprised if pro sports are cancelled imminently.
  22. White House set to declare national disaster on virus; classifies meetings Wed 11 Mar 2020 16:59:45 GMT Two news items on the White House A few political stories are doing the rounds. White House is favorably disposed toward declaring a national disaster under the Stafford Act, which would free up up to $40 billion in immediate aid, according to Politico. The White House and Republicans so far like what they're hearing about the bill the House plans to unveil for the virus today but Trump hasn't spoken to Pelosi Bernie Sanders will announce momentarily that he's staying in the Presidential race The White House told the federal health agency to classify coronavirus deliberation, according to Reuters. **************************** Coronavirus cases in Spain are soaring Wed 11 Mar 2020 16:34:38 GMT The numbers have shot higher Parts of Spain sound like they will be quickly overrun by coronavirus cases. Madrid closed schools yesterday after an initial jump in cases and the numbers continue to rise. On Friday, the number was at 359, then 447 Saturday, to 643 on Monday, 1204 yesterday and 2188 today.
  23. Italy coronavirus cases jump to 12,462 from 10,149 Wed 11 Mar 2020 17:12:35 GMT No slow in the numbers Deaths rise to 827 from 631. The stories from hospitals in Italy are absolutely heartbreaking. Some hospitals are essentially turning away the elderly from ICUs, according to this directive.
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