This Should Be Good News

 

 

 

Data out this morning show GDP price a little bit higher than expected (5.9 vs 5.7) but if you read deeper into the data you will see both GDP Price and PCE data (Month over Month) were lower for two consecutive months (Oct and Nov) than the peak from Sept. actually forming a down trend.  Now I see the Fed was correct on the inflation as transitory and it won't have to be in a hurry to raise rate .........................

 

BTW, USD dropped 0.7 percent today. If this new Covid-19 variant posts a real crisis (vs fake crisis) USD should go up today.  Go and figure out yourself.  This is just a trick to scare the market participants  .......................

Edited by redfoliage2, 26 November 2021 - 01:01 PM.

 

 

 

 

Data out this morning show GDP price a little bit higher than expected (5.9 vs 5.7) but if you read deeper into the data you will see both GDP Price and PCE data (Month over Month) were lower for two consecutive months (Oct and Nov) than the peak from Sept. actually forming a down trend.  Now I see the Fed was correct on the inflation as transitory and it won't have to be in a hurry to raise rate .........................

 

BTW, USD dropped 0.7 percent today. If this new Covid-19 variant posts a real crisis (vs fake crisis) USD should go up today.  Go and figure out yourself.  This is just a trick to scare the market participants  .......................

 

USD actually down 0.8% at the end of the day and 10-year bond yield down nearly 10% today ..............................

Edited by redfoliage2, 26 November 2021 - 02:34 PM.

 

 

 

 

 

Data out this morning show GDP price a little bit higher than expected (5.9 vs 5.7) but if you read deeper into the data you will see both GDP Price and PCE data (Month over Month) were lower for two consecutive months (Oct and Nov) than the peak from Sept. actually forming a down trend.  Now I see the Fed was correct on the inflation as transitory and it won't have to be in a hurry to raise rate .........................

 

BTW, USD dropped 0.7 percent today. If this new Covid-19 variant posts a real crisis (vs fake crisis) USD should go up today.  Go and figure out yourself.  This is just a trick to scare the market participants  .......................

 

USD actually down 0.8% at the end of the day and 10-year bond yield down nearly 10% today ..............................

 

Still up 3%+ in less than a month, pretty strong move for a currency.

It looks the current COVID variant hype is having the market participants scared. We need to understand that the whole pandemic is basically a fake pandemic. Its just a flu type disease though the virus causes a little higher fatality. The statistics show that majority more than 95% of infected people are fine, many even had no symptoms, depending on their genetics. Only less than 5% of the infected people got severe symptoms. So its a pandemic for a very small group of people. As with influenza We should expect more new variants of COVID-19, but I expect the statistics wont changed much just as in the case of influenza, that has been with us for more than 100 years with hundreds of variants, but the fatality actually decreased. Look what happened in the world particularly in Japan with the delta variant? The fatality did not change much. I expect the market participants will recognize it and this dip will be bought before long..

Edited by redfoliage2, 28 November 2021 - 12:38 PM.

It looks the current COVID variant hype is having the market participants scared. We need to understand that the whole pandemic is basically a fake pandemic. Its just a flu type disease though the virus causes a little higher fatality. The statistics show that majority more than 95% of infected people are fine, many even had no symptoms, depending on their genetics. Only less than 5% of the infected people got severe symptoms. So its a pandemic for a very small group of people. As with influenza We should expect more new variants of COVID-19, but I expect the statistics wont changed much just as in the case of influenza, that has been with us for more than 100 years with hundreds of variants, but the fatality actually decreased. Look what happened in the world particularly in Japan with the delta variant? The fatality did not change much. I expect the market participants will recognize it and this dip will be bought before long..

Updates from South Africa doctor on omicron cases:

 

https://www.cnbc.com...now-so-far.html

Edited by redfoliage2, 29 November 2021 - 08:38 AM.

 

It looks the current COVID variant hype is having the market participants scared. We need to understand that the whole pandemic is basically a fake pandemic. Its just a flu type disease though the virus causes a little higher fatality. The statistics show that majority more than 95% of infected people are fine, many even had no symptoms, depending on their genetics. Only less than 5% of the infected people got severe symptoms. So its a pandemic for a very small group of people. As with influenza We should expect more new variants of COVID-19, but I expect the statistics wont changed much just as in the case of influenza, that has been with us for more than 100 years with hundreds of variants, but the fatality actually decreased. Look what happened in the world particularly in Japan with the delta variant? The fatality did not change much. I expect the market participants will recognize it and this dip will be bought before long..

Updates from South Africa doctor on omicron cases:

 

https://www.cnbc.com...now-so-far.html

 

This should be the trend with new variants - less deadly and more contagious and eventually will coexist with us just like in the case of influenza .........................

 

 

It looks the current COVID variant hype is having the market participants scared. We need to understand that the whole pandemic is basically a fake pandemic. Its just a flu type disease though the virus causes a little higher fatality. The statistics show that majority more than 95% of infected people are fine, many even had no symptoms, depending on their genetics. Only less than 5% of the infected people got severe symptoms. So its a pandemic for a very small group of people. As with influenza We should expect more new variants of COVID-19, but I expect the statistics wont changed much just as in the case of influenza, that has been with us for more than 100 years with hundreds of variants, but the fatality actually decreased. Look what happened in the world particularly in Japan with the delta variant? The fatality did not change much. I expect the market participants will recognize it and this dip will be bought before long..

Updates from South Africa doctor on omicron cases:

 

https://www.cnbc.com...now-so-far.html

 

This should be the trend with new variants - less deadly and more contagious and eventually will coexist with us just like in the case of influenza .........................

 

Index futures went down big overnight on the hype by a vaccine manufacturer who claimed that new vaccines are needed for the new variant omicron.   But the truth is that more than 95% of the population have natural immunity to Covid-19 virus why need more vaccines?  It reminds me of the famous saying "never let a crisis go to waste", even it's a fake one.........................

News pending:  Expect the Congress to pass a stopgap spending bill soon ...............................

https://www.politico...-funding-523442

 

End of the month selling should be done today, and the market is in ST deep over-sold conditions.  I see the market will be up tomorrow.  When the Congress is done with their business shorts will be squeezed hard ..........................

Edited by redfoliage2, 30 November 2021 - 01:37 PM.

 

 

It looks the current COVID variant hype is having the market participants scared. We need to understand that the whole pandemic is basically a fake pandemic. Its just a flu type disease though the virus causes a little higher fatality. The statistics show that majority more than 95% of infected people are fine, many even had no symptoms, depending on their genetics. Only less than 5% of the infected people got severe symptoms. So its a pandemic for a very small group of people. As with influenza We should expect more new variants of COVID-19, but I expect the statistics wont changed much just as in the case of influenza, that has been with us for more than 100 years with hundreds of variants, but the fatality actually decreased. Look what happened in the world particularly in Japan with the delta variant? The fatality did not change much. I expect the market participants will recognize it and this dip will be bought before long..

Updates from South Africa doctor on omicron cases:
 
https://www.cnbc.com...now-so-far.html
 

This should be the trend with new variants - less deadly and more contagious and eventually will coexist with us just like in the case of influenza .........................
 

Index futures went down big overnight on the hype by a vaccine manufacturer who claimed that new vaccines are needed for the new variant omicron.   But the truth is that more than 95% of the population have natural immunity to Covid-19 virus why need more vaccines?  It reminds me of the famous saying "never let a crisis go to waste", even it's a fake one.........................

https://www.zerohedg...tm_campaign=311

Above link for Update on omicron

Edited by redfoliage2, 30 November 2021 - 02:50 PM.