Not making any changes at all, I’m a buy and hold investor. Stocks will eventually rebound like they always do, so I’ll buy the dips if the markets do become affected. Like I said the above article is just something to get people thinking, it may be a freak accident. Just seems to be so many coincidences surrounding it coming to light.
Brace yourself’s guys for a negative day in the markets. Hold on tight, see you on the other side
I’ve got some bonds I’m desperate to part with so here’s hoping there’s a rush!
Treasury yields have already fallen. The issue is that major markets have not yet opened and so we do not yet no the full extent of the rush to safety. However oil prices dipping below $60 are a good indicator…
I was speaking with a client recently. They and many other vaccine manufacturers were recently summoned by the WHO to discuss vaccines any have in the pipeline. The sentiment was that the hype was overdone. Coronavirus only has a 2% fatality rate. As mentioned above, that is actually less than influenza. This was not intended to be crass but to put coronavirus into perspective. Once a virus moves from animals into humans it usually stops mutating and is easily manageable.
Huge buying opportunity. Media has blown this right out of proportion.
Nice. NIO could be a buy for me this week. What software app are you using here for watchlist?
IB sometimes Tradestation for trading.
FreeTrade for investing of course : - )
I’m long Alibaba, Tencent, and the US megatechs. So this is going to hurt. The virus has coincided with Chinese New Year, so a period of typically high consumer spending.
However, I believe the response has been a lot more pro-active and transparent than previous epidemics, such as SARS. So I hope it is better contained. Stocks have risen sharply over the last 3 months for no real reason, so people are using any excuse to take money out of the market.
Epidemics happen once every decade or so, and is almost always from China. They should address issues in their food supply chain. Their farmers are also dealing with African swine fever decimating their pigs.
Ready to buy the dip on Alibaba!
I took many profits last week when this new appeared on newspaper.
(The other reason was sp500 overbought).
I think some of the price drops are warranted. Like someone mentioned previously in the thread a virus can still be debilitating without being fatal. We don’t know how accurate the figures are since asymptomatic people can have the virus.
Even in the best case scenario of the virus being low impact and number of cases not growing significantly, the lockdown of several major cities, restrictions on transport and conducting business whilst waiting for the virus to be containes will of course impact things.
It’s going to be a brutal week (or longer), but it will recover as with previous incidents like this. A good buying opportunity.
The good question is when to buy. This virus seems to be very overvalued
I think this just about says it all. This is also with the published data, no doubt the actual numbers are worse (if you look at social media the hospital system is overwhelmed).
And yet VWRL opens 0.8% up today. Dip gone? Only deployed half the capital I wanted to
VWRL is my main holding. I sold all my gilts and ploughed them into VWRL.
Looks like a solid move this far…
If there really are thousands of people infected that aren’t being reported or treated then that isn’t necessarily a bad thing. It means the virus isn’t that deadly. Those dying from the coronavirus are almost exclusively all elderly or have longstanding respiratory problems.
Just like most virus it appears thousands get infected mildly and require no treatment, a certain percentage require some hospital care and it’s fatal to a minority who are mostly already vulnerable. It would be interesting to see the numbers mapped alongside something like influenza.