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Don't Blame the Coronavirus for this Recent Market Implosion

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This article originally was published here: https://www.greenchipstocks.com/articles/don-t-blame-the-coronavirus-for-this-recent-market-implosion/95130

As I write this, the Dow is down another 100 points or so.

Panic surrounding the spread of the coronavirus is being blamed. Although technically speaking, it’s not the virus itself that’s making your stocks tank. It’s the fact that the virus is resulting in a slowdown in manufacturing and retail sales, which in turn is affecting the market

I don’t think there are many folks in Wuhan right now looking to hit the mall to pick up some new jeans at the Gap or a can of fart spray at Spencer’s.

spencers

What I’m saying is that a virus alone cannot devalue stocks. But human behavior can. And when people are afraid to leave their homes, travel, shop, or even go to work, the market falls faster than granny panties at a Wayne Newton concert.

The bad news, aside from the obvious horrible things that come with any pandemic, is that many of my stocks are getting crushed.

The good news is that nearly all of these stocks are long-term investments. I plan to hold these for the next ten to twenty years. So I’m not particularly worried about this temporary slide. And as Warren Buffett recently pointed out, the 10-year or 20-year outlook for US business has not changed in the last 24 hour or 48 hours.

Truth is, eventually the spread of the coronavirus will peter out.

People will go back to work, steady manufacturing will resume, folks will start buying useless shit again, and most of these stocks will return to proper valuations. This is actually why I’m monitoring this outbreak, as well as the global markets in an effort to pounce when it looks like all this selling has plateaued.

This recent correction is definitely exposing a lot of opportunities for those with the stones to take advantage of them.

I also recently decided to pick up a few shares of Moderna (NASDAQ: MRNA), just a few days ago after learning that the company developed a vaccine against the coronavirus after it got the genetic sequence information on it. The company pulled this off in just 42 days. Pretty damn impressive, if you ask me.

Here’s how the stock has performed over the past week …

mrnaa

Of course, this is not a long-term investment for me. It’s merely a quick trade based on data that led me to the decision to buy it.

I don’t do many of these, as I just don’t have the bandwidth for it. Also, I’m just not a fan of trading stocks, in general. I prefer to just get some equity in a company I believe will deliver steady gains over a long period of time. It’s all about the long game for me. But when you get a no-brainer trade staring you right in the face, it’s hard to ignore it.

This article originally was published here: https://www.greenchipstocks.com/articles/don-t-blame-the-coronavirus-for-this-recent-market-implosion/95130

Don’t Blame the Coronavirus for this Recent Market Implosion originally appeared in Green Chip Stocks. Green Chip Stocks, your personal guide to investing in green, sustainable, alternative, and renewable energy stocks.



Source: https://www.greenchipstocks.com/articles/don-t-blame-the-coronavirus-for-this-recent-market-implosion/95130
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    • Anonymous

      It Will Be Blamed For EVERYTHING – It Will Be The ULTIMATE SCAPE GOAT

      Whilst The Reality Is ……

      Took – 2 Months To Kill 2,400 (ie 40 Per Day)
      - of old, sick, frail, immuno-compromised and already on their last legs Chinese

      - Up to 95% of Infected – Have Symptoms – So Mild – They Won’t Even Notice
      - and in most countries – hasn’t even reached a THOUSAND infected

      Regular Annual Flu – Kills 88,000 …Chinese per year
      7 Million Chinese… Die Of All Causes Per Year
      -vs- Caronavirus – UNDER 3,000 !!!

      Read the facts – Engage Brain & Common Sense – It’s an insignificant irrelevance – the rest is Rinse & Repeat VIRAL FEAR PORN
      ………………………………………………………….

      LOL – Total Prepping Required – IF you are one of the …very few that get infected
      - and NOT one of the 90/95% infected that exhibit >>> NO Symptoms
      Or Symptoms >>>> So MILD – You Would’t Even Notice Them …..
      - then

      It may be prudent to perhaps – buy a small box of paper hankerchiefs/tissues… & Voila …..FULLY PREPPED & Ready
      >>> READ ON
      …………………………………

      LETS GET INITIAL OFFICIAL GOVERNMENT CONFIRMATION (Fuller Details Lower Down on THE ACTUAL NUMBERS)

      ………….CANADIAN GOVERNMENT / HEALTH CANADA …………….

      QUOTE “coronaviruses are common …..and are typically associated ….with mild illnesses,
      similar to the common cold. (Unquote)

      QUOTE >>> Those who are infected with COVID-19 may >>>>have little to >>> NO symptoms.

      You may… NOT KNOW ……you have symptoms ….of COVID-19

      because they are similar to …. a COLD or flu. (UNQUOTE)

      https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection/symptoms.html
      (& see Quotes At Bottom)
      …………………………………….…………….
      For the… very few …that do get infected noticeable symptoms, …. typical signs include

      - A RUNNY NOSE
      - A COUGH
      - A SORE THROAT / Fever (high temperature).

      The vast majority of patients – at least 97 per cent, ….. based on available data – will recover from these >>>> without any issues or medical help.

      https://www.dailymail.co.uk/health/article-7987001/Death-toll-killer-coronavirus-10-TIMES-higher-average-Chinas-Hubei-province.html

      ………………………………………………….

      Its such a happy clappy insignificant symptoms virus – its about as pleasant as you could make – thank you to God or Whoever – good job.

      Lest We Forget ….. Ooooh 53 Suspected Cases Out Of 300 MILLION Americans – That’s ‘erm, well – nicely .… very significantly LESS than a PI$$ In The Ocean too really ….isn’t it

      And Based On How Things Have Gone In CHINA So Far – It A case Of >>>>
      …………………………………………………………………………………………….

      MOVE ALONG FOLKS – NOTHING TO SEE HERE – ALL OVER – JUST MOVE ALONG – GET ON WITH YOUR LIVES

      CHINA
      Yes 2,400 Died Of Caronavirous in 2 months (60 Days) – An Average >>> Really VERY TINY >> 40 Deaths A Day

      - Seasonal Flu Kills An Average 88,000 Per Year (Caronavirus Has Managed 2,400)

      - 7 MILLION Chinese Die Per Year – Caronavirus Has Accounted For 2,400

      And Studies/Reports State whilst there are only 80,000 Confirmed Infections – There Will be 10X that number
      - YES 3/4 MILLION + with Symptoms SO MILD – they Won’t EVEN NOTICE THEM
      ………………………………………………………………………………………………………………………..

      So Move Along Folks – Everywhere Is Opening Up Again – Just Move Along Folks – It Was Just The Usual Fear PORN – Move Along …CONTINUED

      INTERNATIONAL NEWS CHANEL RT NEWS ….. Evidence …..Propaganda Fatigue ….Setting In

      Already Macau CHINA , the world’s biggest gambling hub, …..will allow casinos to resume operations from…. February 20,

      …. after authorities imposed a two-week suspension to curb the coronavirus’ spread, authorities said on Monday,

      Macau has not reported >>> any new cases of the virus>>> since February 4, … officials said.

      There have been >>>> ONLY 10 confirmed cases of the virus – in total there.

      Government services, which had mostly been suspended since the start of February, ….. have gradually resumed operations this week.

      https://www.rt.com/newsline/481005-macau-casinos-virus-fear/

      So Move Along Folk – Move Along – Nothing To see Here – Get On With Life – It’s All Over Folks 2,400 deaths and new cases plummeting – Predominantly Sick, Elderly, Immunocompromised, & usual already on their last legs ….. out of 1.3 BILLION CHINESE
      ………………………………………………………………………………………………………………………..

      NB 10 February 2020 BLOOMBERG

      The new coronavirus might have infected….. at least 500,000 people in Wuhan, ….the Chinese city at the epicenter of the global outbreak, …..by the time it peaks in coming weeks.

      But…… most of those people…..>>>> won’t even know it.

      https://www.bloomberg.com/news/articles/2020-02-08/virus-outbreak-in-wuhan-may-soon-peak-with-more-than-5-infected
      …………………………………………….
      LOS ANGELES TIMES

      Thousands of people in China and elsewhere ….have been infected ….. but have had…

      >>>> such mild reactions that >>>> no one even noticed,

      - said Dr. Tom Inglesby, director of the Center for Health Security at the Johns Hopkins Bloomberg School of Public Health.

      https://www.latimes.com/science/story/2020-01-24/china-coronavirus-panic
      ……………………………………………………………………………………………..

      The UK’s BBC News COMMENTS – Re INFECTED – HAVING SUCH MILD REACTIONS >>> NO ONE NOTICED
      >>> FROM THE LARGEST STUDY TO DATE (The paper by the CCDC, released on Monday and published in the Chinese Journal of Epidemiology, looked at more than 44,000 confirmed cases of Covid-19 in China as of 11 February
      ………………………………….
      – So Known Infections Quoted In Study – 72,436 x 10 = 724,000 Who Will Have Had Symptoms – Too Mild – To Notice – YES >> ¾ Million
      …………………………………..
      QUOTE >>> Re The Known 72,436 infections
      - Scientists have estimated there could be …..10 times as many people infected ….. as are ending up in the official statistics.

      That ALSO means the….. overall death rate IN THE REST OF CHINA (Outside Hubei) is likely to be
      >>> lower than the 0.4% (rest of China) reported in this study (ie 10X LOWER – Making the death rate potentially ONLY 0.04)

      https://www.bbc.co.uk/news/world-asia-china-51540981
      ……………………………………………………………………..
      So Theres Proof Of Precedence – How This Caronavirus Runs

      So Ignore the PROPAGANDA FEAR PORN – ENGAGE BRAIN PUT COMMON SENSE IN GEAR & JUST PARTY ON !!

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