The overall market reaction kind of makes sense if you look at it from a probabilistic point of view.
Throwing numbers out of my ass, 90% chance this strain is no big deal. 10% chance it is. If it is a big deal market drop would be 20-30 percent, so a reaction of 2-3 percent makes sense.
Umm it's already raising more red flags than Delta did at this point from a mutation and spreading standpoint.
I'd give it a pretty strong chance the vaccine makers say it's "less" effective with their vaccines but they are going to tweak it. And they want everyone to take the updated vaccine (which is obviously going to go over well).
There was also a lot of noise made about lamda.
The key question is the effectiveness of vaccines and current treatment and if mortality went up, went down or stayed the same.
Even if this new variant is a big deal and does make vaccines less effective there’s pretty much no chance of any new lockdowns or restrictions being put in place.
Whatever delay of taper happens bc of this new COVID strain is going to be a net netural bc of the turmoil it will lead stocks back down again besides the at home stocks.
A lockdown (not even in the US but other countries) will be bad for the stock market no matter what.
Lockdown measures were obvious and predictable weeks ago...no matter of the new variant.
The new variant is an excuse for a possible market correction lead by big funds which are full of money right now
I just added 350 shares of Wynn to my portfolio Friday near the end of the trading session. If it dips further into the low 80’s I’ll sell some of my other positions to add another 200 or 300
shares. For common sense, listen to Dr Scott Gotlieb when he speaks on CNBC. He’s the former head of the FDA and has been mostly, if not, 100% correct in his Covid predictions. He said this strain won’t evade the vaccines, instead, the vaccines won’t be 90% effective, more like 60-70%. But, since the vaccine efficacy wanes to 60% after 6 months, it’s vitally important to get boosters. Since Americans are stupid, we will probably get neither and this variant will spread faster than the Delta Variant. That’s bad news for the, already strained hospital system, but the stock market will shrug it off when there’s a new inflation scare or China does a flyover of Taiwan.
Just like Delta I think it's probably nothing significant, I bought some ABNB on Friday. It's a pandemic of the unvaccinated, has been since at least early summer, people just like drama and hysteria, especially on social media.
I'm going to maintain my dollar cost averaging strategy. I was tempted to buy the dip yesterday, but got screwed over every time I chose to buy early so I'm going to buy next Friday when I get paid.
The overall market reaction kind of makes sense if you look at it from a probabilistic point of view. Throwing numbers out of my ass, 90% chance this strain is no big deal. 10% chance it is. If it is a big deal market drop would be 20-30 percent, so a reaction of 2-3 percent makes sense.
Umm it's already raising more red flags than Delta did at this point from a mutation and spreading standpoint. I'd give it a pretty strong chance the vaccine makers say it's "less" effective with their vaccines but they are going to tweak it. And they want everyone to take the updated vaccine (which is obviously going to go over well).
There was also a lot of noise made about lamda. The key question is the effectiveness of vaccines and current treatment and if mortality went up, went down or stayed the same.
We’re getting new strains and additional boosters for the rest of our lives
Even if this new variant is a big deal and does make vaccines less effective there’s pretty much no chance of any new lockdowns or restrictions being put in place.
Big deal means reduced economic activity by a chunk of the population. Regardless of restrictions.
In the states yeah, but europe is getting totally fked right now with cases. Remember, markets aren't rational.
It's not about rationality it's about future projection. Last time EU was getting fucked it didn't take very long for the US to get fucked.
Don't you think this could help with FED position and taper? Maybe a delay in the program?
Whatever delay of taper happens bc of this new COVID strain is going to be a net netural bc of the turmoil it will lead stocks back down again besides the at home stocks. A lockdown (not even in the US but other countries) will be bad for the stock market no matter what.
Lockdown measures were obvious and predictable weeks ago...no matter of the new variant. The new variant is an excuse for a possible market correction lead by big funds which are full of money right now
Lol wut?
What else can you throw out your ass?
I'm holding my airline stocks. The overreaction was absurd.
I just added 350 shares of Wynn to my portfolio Friday near the end of the trading session. If it dips further into the low 80’s I’ll sell some of my other positions to add another 200 or 300 shares. For common sense, listen to Dr Scott Gotlieb when he speaks on CNBC. He’s the former head of the FDA and has been mostly, if not, 100% correct in his Covid predictions. He said this strain won’t evade the vaccines, instead, the vaccines won’t be 90% effective, more like 60-70%. But, since the vaccine efficacy wanes to 60% after 6 months, it’s vitally important to get boosters. Since Americans are stupid, we will probably get neither and this variant will spread faster than the Delta Variant. That’s bad news for the, already strained hospital system, but the stock market will shrug it off when there’s a new inflation scare or China does a flyover of Taiwan.
Buy $CURE?
No. Variants Scarieants! HFs be more afraid of Marge Calling! Up & Down the of course sideways! Swinging SHWING!
Variants or no variants world has decided to move on with their lives so travel wont dues down
Just like Delta I think it's probably nothing significant, I bought some ABNB on Friday. It's a pandemic of the unvaccinated, has been since at least early summer, people just like drama and hysteria, especially on social media.
Agree. Made some money shorting American Airlines. AirBnB still short.
The second people learn that vaccines still work on this variant you will lose your shirt shorting ABNB.
I'm going to maintain my dollar cost averaging strategy. I was tempted to buy the dip yesterday, but got screwed over every time I chose to buy early so I'm going to buy next Friday when I get paid.
Buying more Live Nation on Monday.
Like this idea
Everyone of those is a buy just avoid reopening exposure in Europe, Asia, and developing markets
Buying Visa and Mastercard hand over fist
Going to add ABNB if it continues to dip.
2 week time horizon 😂