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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%4:00 PM EST

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To: GROUND ZERO™ who wrote (143231)4/1/2020 10:38:25 PM
From: the longhorn  Read Replies (2) of 221905
 
I'm watching California and Washington state as they were the first two states to get hit significantly with this. Thinking that a down turn in the numbers should show up there first. Check the new cases daily. Record the numbers to get a day to day record. Not there yet. %'age wise, starting to see some leveling off but not in actual new case numbers. New case numbers yesterday and today overall were not very good. Expanded again.

If new cases daily level off, then eventually the number of deaths and recovered peel off the back end and match the new case numbers and the active case load plateaus. My thinking is that has to happen before we can declare we have some sort of containment.

Maybe within another week? We shall see.

Unloaded most of my semi holdings yesterday...that sector got beat up today it lappears. Lots of collateral stuff going on. Cattle market beat to hell. Buyers uncertain of the future and not restocking feedlots. Commodities in general have taken quite a beating.

lh
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