Financial topics

[aeden]

And precisely why we left it all behind 7 years ago and moved to the mountains of Southwestern VA. It's not perfect here by any stretch of imagination. But at least we now control our own sources of food, water and electricity rather than being dependent upon the faceless and self interested government bureaucracy and the sociopath leadership running this country.
We are not completely self sufficient, but we are orders of magnitude more so than we were and nearly all presently are.

[aeden]

A 62-year-old man who became Spain’s first coronavirus patient is believed to have made a full recovery after being treated with an HIV drug.

He was hospitalized at the Virgen del Rocio Hospital in Seville, where he received lopinavir-ritonavir, an antiretroviral drug sold under the brand name Kaletra.

The drug — which has been used to treat HIV and AIDS for over 10 years — was combined with interferon beta, a protein that prevents cells from becoming infected

Santiago Moreno, head of infectious diseases at the Ramón y Cajal hospital in Madrid, said the “SARS-CoV-2 protease is very similar to that of HIV,” using another name for the novel coronavirus. “This enzyme is essential for the virus to replicate. The combination of lopinavir and ritonavir inhibits and blocks HIV,” he said.

Has the market capitulated. NO

Over $3 billion notional of futures were being dumped in the precious metals market between 2:30pm and the 4pm close
https://finance.yahoo.com/quote/CLM29.NYM?p=CLM29.NYM

thread: june
best guess
55.xx wti
34xx. spx
14xx. gld


+10 -30 notes https://finance.yahoo.com/news/saudi-ar ... 34104.html
http://gdxforum.com/forum/viewtopic.php ... 700#p50559


https://www.youtube.com/watch?v=p50k_kklM7g

[aeden]

gone from paper metal long
already long oils

Mon Mar 02, 2020 10:13 am
Ten year will zirp then commodity's will get spiked.
PUTS in place

Luke 17:2 It would be better for him to have a millstone hung around his neck and to be thrown into the sea than to cause one of these little ones to stumble.

It is not our Garden.
We have done our duty.

Tue Mar 03, 2020 2:02 pm
aeden wrote:
I listened to h and closed book the other day.
I covered shorts this morning for a 5 point loss past 3 days basis 10 lots. That doesn't say much about what I expect the market to do; it's just getting out near break even after having entered too far below this morning's high and finding a better place to take a position.

Be carefull.

bias flip
thread: thaw l8ter amos elam

https://www.youtube.com/watch?v=-pDDBDxc25M

[aeden]

It's very simple. A person self-reported to an Everett hospital a few weeks ago. They had the Mexican Beer Virus - at the point when nobody here knew much about it. The nursing and doctor staff who treated said patient (due to information being unavailable) did not follow full containment procedures to treat said patient. So some of the nursing staff either contracted the virus or acted as carriers. One of the nurses who worked at the Everett hospital worked part-time at the Kirkland nursing home. So she spread it (inadvertently) from the Everett patient to the inmates at the Kirkland nursing home. A very simple story that has not been properly reported. (it was investigated by a highly qualified virologist in Seattle - the info has been available for over a week but nobody is reporting on it)

A 62-year-old man who became Spain’s first coronavirus patient is believed to have made a full recovery after being treated with an HIV drug.
He was hospitalized at the Virgen del Rocio Hospital in Seville, where he received lopinavir-ritonavir, an antiretroviral drug sold under the brand name Kaletra.
The drug — which has been used to treat HIV and AIDS for over 10 years — was combined with interferon beta, a protein that prevents cells from becoming infected
Santiago Moreno, head of infectious diseases at the Ramón y Cajal hospital in Madrid, said the “SARS-CoV-2 protease is very similar to that of HIV,” using another name for the novel coronavirus. “This enzyme is essential for the virus to replicate. The combination of lopinavir and ritonavir inhibits and blocks HIV,” he said.

[Higgenbotham]

The quarterly birth rate(s) decreased when comparing 2018 Q3 with 2019 Q3 for the following age group(s):

15-19 years (18.2 to 17.3).
20-24 years (71.4 to 69.5).
25-29 years (100.2 to 97.8).
30-34 years (105.3 to 102.7).
35-39 years (55.0 to 54.6).

The quarterly birth rate(s) increased when comparing 2018 Q3 with 2019 Q3 for the following age group(s):

40-44 years (12.2 to 12.3).

The 12 month-ending general fertility rate decreased when comparing 2018 Q3 with 2019 Q3 (59.4 to 57.9).

https://www.cdc.gov/nchs/nvss/vsrr/nata ... hboard.htm#

[Higgenbotham]

https://www.slideshare.net/Akarawat99/h ... n-47095357

page 26 for rules
pages 35, 36, 40, 41 for examples of weekly charts showing low risk shorts to take in a bear market (this is in position to potentially trigger)

2008 CNBC stock picking contest winner

[Higgenbotham]

Zero Hedge tells how a large market maker was blown out on Friday which caused the VIX to spike (then reverse lower) into an area that has normally stopped the stock market from declining. There was divergence between the VIX and SPX Friday with the SPX making a higher low. On CBNC Thursday, Tom McClellan does in my opinion a better job than anyone I have seen lately give 3 reasons for the stock market decline, 2 of which have been resolved (coronavirus has not). On Thursday evening and Friday, I saw the normal headlines indicating the Fed is going to start riding to the rescue. That can be found by scrolling for several pages here: https://www.forexlive.com/ So I think the market is at a bifurcation point. It can rally for a few days or it can crash, but it seems destined to make its decision soon. Along the same lines, I saw an article in Harvard Business Review saying that peak coronavirus related supply chain disruption will occur by mid March. So if it's the former (rally for a few days), but the HBR article proves to be correct, that could provide the impetus for a crash from mid March.

[vincecate]

This was very interesting:
https://www.youtube.com/watch?v=LGR8VmW6p8c

Only net buyer of stocks has been the company buy-backs. If there is a recession/depression the one buyer stops buying.

The government pension funds have been buying the corporate debt the companies have issued to do the share buy backs,
but government taxes go way down in a recession. So the taxes to support the company share buy back will go away.

We were due for a recession before coronavirus but now probably depression.

Really looks like time for trouble.

[Higgenbotham]

Warren Buffett in 1985
https://youtu.be/T6HHwOoq9M4

Warren Buffett in 1962
https://youtu.be/REhg_bv7srM


The factors Buffett discussed that led to the 1962 decline happened again in 2020.

Corporate Profits After Tax:
https://fred.stlouisfed.org/graph/?g=q9VO

[Higgenbotham]

Recent data is here for comparison:

https://stockcharts.com/public/1172710