The market is worried about the new travel bans. Foxnews.com has a good story on it.
News about the “new” strain of China Virus is likely the news.
It;s all bullsh*t but the traders will react in anticipation of others selling .
The new COVID virus found in UK is going to spread everywhere and KILL US ALL!!!!!! /s
Covid-19 variant is spooking the markets, according to CNN
https://www.cnn.com/2020/12/21/investing/premarket-stocks-trading/index.html
Market is concerned about new, ~70% more contagious variant / mutation of COVID being reported in the UK.
Cuomo has already been in the press talking about the fact 6 flights a day arrive in NY from the UK.
It’s coming here very, very soon if it’s not here already.
Maybe the same type of ALGORITHMS that interfered with the election is working for Wall Street.
It’s hard to trust the Market when it is controlled by lunatic IT people.
As that blowhard Cramer would “what’s not to like?.
as seen on texags site
rna virus are notoriously unstable and change...this is to be expected
the real concern is watching for an antigenic shift. it would no longer be recognized by the vaccine
I think probably 20 to 25 total Congressmen are not traitors...the rest should be in Guantanamo.
The official party line is the UK Covid strain. Perhaps a good bit is the selling of securities needed to add Tesla to the S&P 500 and all of the packaged investments that mirror that index.
Maybe a reaction to the new Porkulous.
This new variant has spooked the market now, but I’ve been cashing out for a couple of weeks. Apple poked through the price level it hit just before the split in September - and that was a signal to me.
If you listened to the ‘experts’, over the last month or so they have all saying that 2021 will be a dynamite year for growth since 2020 has been so restrictive on society - that everybody will be jumping back onto planes, taking cruises and spending like crazy. Happy days are here again.
When all the ‘experts’ agree, look out.
Just another “we’re all going to die” panic.
It will get worse with the immaculation of joe and the ho. No system can absorb such sweeping change as they are bent on.
When the chicoms are given the wink to attack Taiwan the collapse will be massive. What are the chances? I’d say they are improving every day.
When the vaccine starts having side effects, and it will, that will be met with panic as well.
Too much news too fast and the ability to react too fast make for high frequency and amplitude lurches.
Richer than four feet up a bull’s ass one day and church mouse poor the next.
No. People do not want to hear or know the truth.
Oh well, panic over. What’s next?
Let’s trade bit coins! How about water futures? What can we bet on?
Nothing but a crap shoot and there really is no choice but to play the game. Let the games begin!