Short US marketUS cases climbed by 13,000 to 68,000 cases (stats from worldometer site) already and it seems like the rally 2 days ago just took a small turn downwards. I still think it will continue heading downwards till either vaccine is released or when the numbers are better controlled. Because looking at the growth rate, it doesn't look like its slowing down and many countries have started partial shutdowns and I think the impact on their economy will be huge but the real effect on the economy can only be seen at a later stage.
Corona
COVID-19 : No Recovery till NowNumber of death continue increasing , this is very serious case.
Plaese follow these steps to avoid effect.
ThankYou
18-month from now perspective; I'll buy at $25Hi guys, check this out
Long-term prospects of EPS
In 2008 the stock reached a P/E ratio low of 5; with EPS of $6.01 in FY 2008 the stock price reached a low of 5*$6.01=$30. Today we are expecting the similar outcome to due a negative economic outlook for the short-term. In FY 2019 the company reached EPS of $4.14. Comparing to 2008 we expect the stock to reach a P/E ratio of 5, indicating that the stock price could tumble to 5*$4,14 = $20.7 and stabilize at that level. As the economic prospects rise, the P/E ratio is likely to reach the company’s average level around 12. Under the assumption that EPS growth back to previous levels (>$4.0) the stock price should bounce back to 12*$4 = $48.
Trading idea
Entry price: $25
Take profit: $40
Max expected holding period: 18-month
Profit: 60%
I`ll buy the stock as soon as it hits $25. The financial outlook of NUE looks decent and should sustain the COVID-crisis.
OBX shortWith falling oil prices and corona-virus spreading like a wildfire, we are likely to see the obx drop even more. It does not look like Saudi or Russia is planning to stop dumping the oilprice either. The Norweigan krone is has had a huge loss because of the oil price, and foreign investors leave the norwegian market when the price of NOK vs EUR/USD is rising. The Euro has now risen more than 13% in the last 29 days
People Need move Food During the Corona VirusDuring the coronavirus, the Demand for certain commodities like Wheat will Increase drastically.
Curfews, lockdowns, Marial Law = People stay home and eat more = rush on Supermarkets for breads, flour etc.
Price gonna head way up!
how traders be looking at the #coronavirus #covid19 chartwhat do you think, will it push higher or will it start lowering?
DowJones Industrial Buying pointsThis is only valid for day trading.
Watch level .5 fib and .618 to buy (.618 is located exactly at Monthly MA200)
Which is at around 18100 and 15400 USD
This might set up a bull trap, DJI might move up from here and close below last high on the monthly chart
Let's see how things play out, up or down we are making money!
Confrimed Cases and Deaths With Rate of DeathUsing China as a model. I am testing on Italy, This was done very loosely so odds are I am super wrong on this..... If Italy turns out this way I will test out The US.....
Let me know your thoughts...
The Corona Virus Conspiracy ------ WAKE UP IT'S ALL PLANNED MartyBoots here , I've been trading the markets for 13 years and I have see this Panic before
What is unusual is that the Corona virus could have actually been used to manipulate the masses and even other countries
Who needs real war when you can just create a deadly virus
Anyway let me know in the comments what you guys think
Please like the Video to help my work
This is not my normal video , I just thought I would put it out there because there are a few very fishy elements to this situation , this is also evident in the charts
The Corona Virus Narrative (And Its Influence On BTC)The Corona virus tightens its grip on all of us as daily news comes out that causes many nations to panic. After the NY Times shared an article with the timeline of the progress of the Corona virus so far, I felt inspired to plot it against the price of Bitcoin. You can find a timeline here, based on the article where you can see for yourself how Corona impacted the price of BTC and how the subsequent panic caused many people to sell their assets. People didn't just sell their stocks, bot they even emptied their crypto wallets.
Here is the timeline again, for your own analyses:
JAN. 11
China reported its first death.
JAN. 20
Other countries, including the United States, confirmed cases.
JAN. 23
Wuhan, a city of more than 11 million, was cut off by the Chinese authorities.
JAN. 30
The W.H.O. declared a global health emergency.
JAN. 31
The Trump administration restricted travel from China
FEB. 2
The first coronavirus death was reported outside China.
FEB. 7
A Chinese doctor who tried to raise the alarm died.
FEB. 13
There were more than 14,000 new cases in Hubei Province.
FEB. 14
France announces the first coronavirus death in Europe.
FEB. 19
Hundreds leave the quarantined cruise ship.
FEB. 21
The virus appears in Iran from an unknown source.
FEB. 23
Italy sees major surge in coronavirus cases and officials lock down towns.
FEB. 24
The Trump administration asks Congress for $1.25 billion for coronavirus response.
FEB. 24
Iran emerges as a second focus point of the virus.
FEB. 26
Latin America reports its first coronavirus case.
FEB. 28
The number of infections in Europe spikes.
FEB. 28
Sub-Saharan Africa records its first infection.
FEB. 29
The United States records its first coronavirus death and announces travel restrictions.
MARCH 3
U.S. officials approve widespread coronavirus testing.
MARCH 11
President Trump blocks most visitors from Continental Europe.
MARCH 13
President Trump declares a national emergency.
MARCH 15
The C.D.C. recommends no gatherings of 50 or more people in the U.S.
MARCH 16
Latin America begins to feel the affects of the virus.
MARCH 17
France imposes a nationwide lockdown.
MARCH 17
The E.U. bars most travelers from outside the bloc for 30 days.
MARCH 19
For the first time, China reports zero local infections.
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Disclaimer!
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SILVER - XAGUSD - Oh no, don't do that!Silver looking bearish. Escaped out of a either descending triangle or a symmetrical triangle, both are legit.
I feel pretty confident to say that silver is heading towards 8.87$.
Bitcoin is not a safe haven, Gold is not a safe haven and silver is not a safe haven.
EUR with their problems a safe haven?
USD printing trillions a safe haven?
CHF running into debth with COVID-19 a safe haven?
Stocks?
There is no safe haven...
Happy trading and stay healthy!
What if CURES EXIST?what a time to be alive
doctors worldwide have gone from slowly writing long confusing peer reviewed journals.....TO FIGHTING DAILY TO FIND A CURE.
WHERE DID ALL THE BILLIONS OF $ TO FIGHT DISEASE GO BEFORE?
WHY DID IT TAKE A NATIONAL CRISIS TO FIGHT THIS HARD?
sheep no more.
BTC's most controversial valuesWell lads, we have found ourselves in the great pinch of 2018.
That first place after the big one, where BTC took a good look above,
double digit thousands and beyond,
and decided:
nope.
But alas, here we are again. Who knows. Maybe we will hit a hard ceiling and fall back to argue over the dirty recession 3K's like animals. There's already a tasty wick that has traversed our swing pattern.
or, maybe not.
Who knows
screw you btc istillloveyoutho
quarantine on
Oil BullishAyo theres a reason why dem africans got da gold
black gold is real my brotha
oil to Da MOON
BTC Bear pennantThe news surrounding the coronavirus will provide us with a catalysator which will trigger the breakdown of this textbook bear pennant. Pay close attention to the fibonacci resistance levels and support lines.
Entry: 5630
Close: 3100
We have not yet arrived at the bottom, do not listen to the delusional permabulls.
The Bottomless BottomTiming the market with the limited information available to us is nearly impossible, use the strategy that the most successful hedge fund investor in America uses "Ray Dalio"
One of his core principles are to buy in increments when the market is bearish with your cash on hand.
The key is not to buy with all your available cash on hand at ONCE, this is essential because when the market drops even lower you'll be able to take advantage of this additional discount.
Based on the technicals, i believe the market is still trending downward due to the Fibonacci & RSI There will be temporary bounce backs but be CAREFUL these temporary bounce backs are just bear flags and fools gold at best.
Analysis of the fundamentals tell me COVID virus still spreading & has yet to hit the USA as it is only in its early stages.
Good Luck my friends, keep looking forward to the bullish days.
- Shane
Bitcoin is going down again!Just an idea. If the market recovers (which it might on the day after it crashed so badly) then we can expect a recovery of bitcoin for the day as well perhaps. Just an idea I had nothing much here I swear.
