Absolutely, there is a very real risk of this.
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It really isnāt.
The problems in the context of Covid-19 are:
- People avoid seeing the doctor even when sick because theyāre worried about the cost. This increases potential spread.
- When they do see the doctor, they have to meet strict conditions to be tested for Covid-19 by the CDC. Even if their doctors think they have it, CDC wonāt test if any conditions are missing. Can mean infected arenāt treated effectively, or are released back out to continue spreading.
- Trump has appointed Mike Pence to spearhead the US governmentās response to Covid-19. You just have to look at his track record with HIV to see how badly qualified he is.
While individual doctors and hospitals may be very good and deliver excellent care on many levels, that doesnāt change the fact that as it stands, the US healthcare system is already badly compromised in terms of responding to Covid-19.
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Futures ticking up. FTSE 100 looking to gap up 2% 
. Nice for those who bought last Friday! Corona virus priced-in or perhaps a coordinated central bank intervention? It wonāt be an easy rally as VIX is still elevated at 40+. For stability it needs to decay towards 20 or lower.
FTSE jumping over 2.5% already, we reckon this is going to be a pop and drop?
Or is there going to be a V shape recovery now the central banks look to be stepping in?
Only thing Iām thinking is they can pump in all the money they want, it still doesnt ācureā the virus 
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There was a green day last week, and look what happened afterwards. This is optimism on central bank action, but itās not the bottom of the drop just yet in my opinion.
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Not going to lieā¦I saw the 2% rise and bottled it! Bought the UK stocks of been keeping my eye on. Probably jumped the gun, but I hadnāt bought the dip at all and didnāt want to miss it. Will probably go again next week.
I donāt think itās bottomed yet. However I donāt really mind if I miss buying the dip because Iām wrong about that.
I think itās better to miss it than to buy too early and then see another huge drop
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I dropped in an extra bit this morning aswell Benjamin. My thinking is if this is the start of the reversal Iāve still captured a nice wee 10-12% discount.
Iāve got a spare bit of cash Iām just going to spread over the next fortnight and buy either on the way up, or on the way down should the markets reverse again.
That way I feel like Iām hedged in both scenarios. Iām investing for the next 20/30 years easily into the indexes so Iām sure being wrong a couple of % on a dip wonāt be the end of the world 
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I was surprised to see the markets up quite so much this morning as I donāt see this as the bottom of the dip. Iāve not started buying yet and actually used this morning as an opportunity to sell a few things to increase cash on hand.
Still sitting approx 85% cash, waiting for my first round of buys - hope (for my sake) that Iām correct.
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I bought on Friday but am not yet convinced. Iāll feel better once I see a green week. Looks like it might be starting to struggle 
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I dont think we have hit the bottom yet, virus is spreading in the U.K. and mainland Europe, not to mention that it looks like it will get a foothold in the USA. I think itās optimism of a new week, but I will be surprised if it lasts.
Still, you can wait for the ultimate bottom or you can jump in at a convenient time now. A few % points away from a theoretical bottom is still not a bad place to be after such a big drop last weekā¦!
This seems at the heart of the increase weāre seeing at the moment:
New coronavirus cases diagnosed outside of China still exceed new cases diagnosed inside of China, according to the World Health Organizationās daily situation report. But new cases diagnosed outside of China fell Sunday compared with Saturday.
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The market will rise and then fall, there is a lot of bad news coming up. America is only about to discover how much communal spread they have had. Because of the mistake by the CDC they did not have any kits to actually test people till this weekend. Once the populace learns how much it has spread it will create another shock. I also suspect that Bernie Sanders will win on Tuesday adding fuel to the fire. The best approach is to pick great businesses that have solid balance sheets and think of 5years, 10years or even more from now. Well, that is my style anyway, it allows me to confidently buy more stocks.
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Indeed, am with you.
I am not a stock market rasputin, but I expect gold to rally quite a bit as it took a massive hit on Friday due to margin calls, but for the rest of the stocks to have a short-lived rally, and especially nosedive when the supply chain management report for the USA comes out later today. Energy sector may see a pick up, feels like they were oversold.
Am in the process of creating my shopping list, centres around quality value companies that I know will be around for donkeys years, prioritise them on which had the biggest fall the last week and then start averaging down although most likely not until after the Super Tuesday democratic primaries in the USA.
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One of my favourite trusts ($SMT) is up over 5% today 
a rare spot of green in a sea of red for me at the moment but I have lots of dry powder being spread in every few days.
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Itās always reassuring to hear that so many are using the āaveragingā in strategy aswell.
It is looking like a pop and drop is happening, both UK indexes dropping almost 2% from opening highs.
Yeah itās always tempting to throw tons of money in at the first sign of a drop, but averaging is the way to go!
Todayās strong FTSE opening is rapidly going down the drain. Predict a red ending, especially if US futures donāt hold up (and theyāre dropping slowly.)
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Not only that but apparently the US healthcare system is charging $3000 for people to get tested for COVID-19. What a broken system.
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