The ultimate COVID thread

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Millions. Give me a fing break


I hope you are right. Hubei went on lockdown when their official count was under 500 cases and they still ended up with over 3000 dead.
 
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Millions. Give me a fing break
I agree that it’s possible this is all overblown and could turn out it could be nothing. But are you saying we should act like it definitely will be and shouldn’t take precautions? What things do you think we should be doing regarding this virus?
 
I agree that it’s possible this is all overblown and could turn out it could be nothing. But are you saying we should act like it definitely will be and shouldn’t take precautions? What things do you think we should be doing regarding this virus?

I say we isolate the high risk and live our lives
 
I agree that it’s possible this is all overblown and could turn out it could be nothing. But are you saying we should act like it definitely will be and shouldn’t take precautions? What things do you think we should be doing regarding this virus?

You’ve got to be out of your mind if you really think this could turn out to be nothing. This will not be contained, is currently spreading like wildfire, and is going to hit home here in all major US cities like a missile in the next 7-12 days. Isolate yourself now as much as you can and hope for the best.
 
I hope you are right. Hubei went on lockdown when their official count was under 500 cases and they still ended up with over 3000 dead.

3000 dead is nothing. Not even coming close to influenza numbers
 
3000 dead isn’t a lot. Not even coming close to influenza numbers


That’s one city that took drastic measures to slow it down. Why would you ignore warnings coming from our colleagues in China and Italy who are already dealing with this?
 
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Any recent news/numbers out of Seattle since it seems like it may have been in the community there since at least early February??
 
That’s one city. Why would you ignore warnings coming from our colleagues in China and Italy who are already dealing with this?

Who said anything about ignoring them?
 
Any recent news/numbers out of Seattle since it seems like it may have been in the community there since at least early February??

Yesterday’s update. None today.



 
You take it seriously and treat aggressively, but not bankrupt the country in the process. Pay special attention to at risk groups, particularly the elderly with comorbid conditions. My state has <10 confirmed cases. I’d gladly go to a bball game
 
You take it seriously and treat aggressively, but not bankrupt the country in the process. Pay special attention to at risk groups, particularly the elderly with comorbid conditions. My state has <10 confirmed cases. I’d gladly go to a bball game
so you would just quarantine the old folk, but everyone else goes on their every day life? Why isn’t WHO or CDC advocating this strategy?
 
We have a choice to be Singapore and Hong Kong or we can be Spain and Italy.
 
You take it seriously and treat aggressively, but not bankrupt the country in the process. Pay special attention to at risk groups, particularly the elderly with comorbid conditions. My state has <10 confirmed cases. I’d gladly go to a bball game


There’s currently no effective treatment besides supportive care. Not sure what you mean when you say treat aggressively.
 
What stocks are people eyeing?
- Airlines?
- Cruise?
 
There’s currently no effective treatment besides supportive care. Not sure what you mean when you say treat aggressively.

serious cases might need ventilation/ICU care. Mild cases sent home to be placed in isolation
 
this is absurd. Show me where it killed millions in China, the most populated country on the planet
They put literally every citizen in multiple provinces under lock and key. Are you doing that in the States?

Had any Western govt controlled this yet? Get back to me when they do. Until then, I'm done.
 
They put literally every citizen in multiple provinces under lock and key. Are you doing that in the States?

Had any Western govt controlled this yet? Get back to me when they do. Until then, I'm done.

we’re all going to feel very dumb here in a month. Trump will take credit for his swift actions that inevitably won the day
 
What stocks are people eyeing?
- Airlines?
- Cruise?

No. We will retest 2500 next week. It may not hold and the next level is 2350. Airlines will be hurting for months. Wait until next week if you want Delta or Southwest. As for cruise lines forget about it. Those businesses will be hurt the most. We need a real bottom in place before buying speculative stocks like cruise liners. If you want a really unloved stock which could double in 2 years how about Boeing? I bet it bottoms out around $140-$150 per share.
Remember, companies have a lot of debt on their balance sheets and this recession may mean no earnings for months. That will put pressure on the stock price. Companies with high growth (after the panic) or low debt with high yield will likely be less risky purchases.


Hotels? Disney?


Why not buy the stocks with good yields or high growth once the panic is over? I'm buying dividend paying stocks with some growth and high growth names. Value stocks need to be yielding at least 4.5% which is excellent in a zero interest rate environment.

I am still buying 75% ETFs for broad diversification and 25% individual stocks.
 
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Grocers limit food purchases, urge shoppers not to hoard as panic buying continues. Kroger ramps up hiring

The panic is still in full force. Disney has closed its parks. Air travel will soon be restricted. Elective surgeries will soon be cancelled.
 
I commend the governments of South Korea and Singapore in dealing with Covid 19. If you get a chance read up on how the USA handled the spanish flu outbreak in order to learn what NOT to do. Thousands died in the USA due to poor decisions by government officials.

Look at the graph below: Guess which city's government officials did a good job in keeping people from congregating in large crowds and recommending the sick stay at home.
 
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They put literally every citizen in multiple provinces under lock and key. Are you doing that in the States?

Had any Western govt controlled this yet? Get back to me when they do. Until then, I'm done.
China can do that because they are China. "Here's your 3 grains of rice, one bean, and one thimble of water for today. You come outside in next 6 months you get caned again." As far as Italy's success, those people can't stay inside forever. The country will collapse into utter chaos. What happens when they go back outside? The virus hasn't gone dormant.
 
No. We will retest 2500 next week. It may not hold and the next level is 2350. Airlines will be hurting for months. Wait until next week if you want Delta or Southwest. As for cruise lines forget about it. Those businesses will be hurt the most. We need a real bottom in place before buying speculative stocks like cruise liners. If you want a really unloved stock which could double in 2 years how about Boeing? I bet it bottoms out around $140-$150 per share.
Remember, companies have a lot of debt on their balance sheets and this recession may mean no earnings for months. That will put pressure on the stock price. Companies with high growth (after the panic) or low debt with high yield will likely be less risky purchases.


Hotels? Disney?


Why not buy the stocks with good yields or high growth once the panic is over? I'm buying dividend paying stocks with some growth and high growth names. Value stocks need to be yielding at least 4.5% which is excellent in a zero interest rate environment.

I am still buying 75% ETFs for broad diversification and 25% individual stocks.

I’ve taken a bath in Boeing. Think I bought at 250 and 210. They keep getting hammered bc if the 737 max, failed space craft, and the airline industry tanking.

Long term it’ll come back
 

Rarely do I quote Washington Post, but what a great article with simulations of do nothing, quarantine, and social distancing. The main takeaways, you won't Stop the virus in today's complex interactive world (ie the goal is not total case reduction), large scale quarantine simply does not work (and would absolutely crush economy and society), social distancing can slow the numbers to, hopefully, not overwhelm the system (while still having a fairly functioning society that doesn't throw us into the stone ages).
 
Yesterday’s update. None today.




Well if the virus had truly been circulating in the community unfettered for 6+ weeks, and these are the numbers, I find that somewhat reassuring.

(He says while knocking on wood)
 
in medicine we stand on the shoulders of giants.
we’re not the ones who are going to make a difference here.

we will be like war medics putting on bandages.
public health and infectious disease docs might help a bit, but it’s all about the scientists.
 
Well if the virus had truly been circulating in the community unfettered for 6+ weeks, and these are the numbers, I find that somewhat reassuring.

(He says while knocking on wood)

On 3/14....+3 dead and +60 cases in King County so not exponential yet.
 
Not that odd. Majored in economics, national honor society. Thought I wanted to help people. After 3 decades of it Medicine is boring to me. Much more stimulated by giant math and economic puzzles.

while I find your cause to be noble, I will choose to take the word of the experts and not your undergrad degree. No offense intended. Although if you are actually that old you did go to school at a time when they thought technical analysis was going to be great.
 
You guys are correct. Trump genetically engineered this virus in the trump tower basement.

As of now, this virus has been a joke. I know it’s early but the hype has yet to match the fallout. I know we are early, time will tell.

All I will say is this, when a state declares corona a “emergency” with two confirmed cases and zero deaths, we are being a little over the top imo

You do know what declaring an emergency means for states, right?

It’s not them saying that poop is hitting the fan right now, it’s them being able to use extra money and resources to prepare for if/when poop hits the fan.

I mean you can look at data all across the world and see that this virus will likely have negative health and economic impacts on many people. Why is it a bad thing for states preparing for that?

Being prepared with extra money and resources doesn’t equal hysteria and buying out 700 rolls of toilet paper. As physicians we should also be prepared.
 

Estimating actual COVID 19 cases

Watch that, tell me how Americans will be responsible if they can't be responsible at the grocery store.

I only have money in my TSP from the gov. 80% in s&p and 20% in Dow. I may be late, but I'm putting it all into the g fund tomorrow.

------------------------------------------
2 ER physicians in critical condition:

The tweet from Italy:


SDN Washington COVID death pathway:

SDN epidem thread:
 
I only have money in my TSP from the gov. 80% in s&p and 20% in Dow. I may be late, but I'm putting it all into the g fund tomorrow.
Selling stocks right after the market drops is probably the worst possible thing anyone could do. Just hang on. In 10 or 20 or 30 years when you need that money, this dip will just be noise in the signal.

I rebalanced a couple days ago. For my TSP that meant moving money out of G and into C, S, and I.
 
All of that is true, unless you think stocks will drop further...

After this weekend there will be more reports of positive tests and hospitalizations along with further bans (for example the DoD has just ordered a stop to all travel to, within or from 32 countries experiencing a CDC identified level-3 danger for all DoD personel and family).
This will just spread more fear which unfortunately drives the market down.

I'm relatively new in the VA, with <75k in the TSP. I plan to change my allocation to the g fund, wait until I believe the stock market hits its low (1-2 weeks) and reallocate into the c and s funds. It's a little tricky since redistributions can only be done twice a month but it can be done.
 
All of that is true, unless you think stocks will drop further...

After this weekend there will be more reports of positive tests and hospitalizations along with further bans (for example the DoD has just ordered a stop to all travel to, within or from 32 countries experiencing a CDC identified level-3 danger for all DoD personel and family).
This will just spread more fear which unfortunately drives the market down.

I'm relatively new in the VA, with <75k in the TSP. I plan to change my allocation to the g fund, wait until I believe the stock market hits its low (1-2 weeks) and reallocate into the c and s funds. It's a little tricky since redistributions can only be done twice a month but it can be done.

So, you're market timing.

If that's what you want to do, OK, I won't repeat the arguments against it. But maybe it'll help to step back, and before you click SUBMIT on the TSP web site, say out loud "I'm going to time the market because I believe I know something the market doesn't." And as that statement floats in the air around you, maybe you'll just close the browser window and go outside for a while. 🙂
 
while I find your cause to be noble, I will choose to take the word of the experts and not your undergrad degree. No offense intended. Although if you are actually that old you did go to school at a time when they thought technical analysis was going to be great.
I didn't learn anything about technical analysis in college. I took that up when on my own I could see the repetition and looked into is this a real thing I'm observing. All I learned in college was that I was being taught garbage on the upper levels. Keynesian crap, stuff like wasting resources on war magically gets you out of economic depression. I knew it was all illogical and numerical trash so by graduation I lost interest in a career in economics. You seem very impressed with academia. I've spent enough time around it to realize it's like everything else, most are ordinary, some are very special. Look at Paul Krugman. Wins a Nobel Prize and couldn't be much of a bigger clown.
 
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