Coronovirus - Dow Jones Futures plunge as virus spreads

The Chinese Coronovirus has been spreading, this is fact.

I've said in a number of other Coronovirus threads that the implications could have a real world effect that could really parallel the movie, "Contagion", not literally verbatim and exactly, but how a society fearful of being sick and dying would react.

I remember not too long ago, a hurricane was moving inland here to San Antonio, TX, it ended up really being nothing for us, but the response and panic resulted in the whole city drained of Gas and Water, my wife would be on an app that showed which Gas station still has gas and I would race to it, only to find it empty as well.
Point is, the media drip on the coronovirus is starting to increase and once people really get a grip on what may be a real world health issue, they're ravage the streets.

Today, a small sign of things to come at the economic markets of our world, nothing serious of course and a bit of fear mongering, nonetheless, however small, there has been causal action as a result of the Chinese Coronovirus.

Dow Jones futures tumbled Monday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally retreated last week on China's coronavirus, which has continued to spread rapidly.

However,

Despite Friday's negative reversal, the stock market rally had held up well amid the coronavirus news.

So obviously nothing to really fear, but as you are aware, when the drip on the coronovirus media expands, markets will react accordingly.

The stock market rally had been getting a little feverish, especially big techs. China's coronavirus could bring down the market temperature, making the rally more sustainable. But no one likes down market days in the moment.

Source: www.investors.com...

Looking further beyond,

If this continues to escalate to something bigger, I wonder what and how trade will be affected? Could we see a real world blockade and quarantine of China to prevent the spread should it get worse?

I think Loams advice on basic food preparation is a good idea, just a few extra bucks, but 2020 has started off on a bit of a downer.


My whole family is currently sick right now, Flu 🤧🤒🤕😵

a reply to: Arnie123

Yep, I took a peek at it this morning and the DOW is fluctuating between 380 & 450 points in the red, but starting to rise back up a little.

a reply to: Arnie123

Well I have a friend who, well they said they know and I am inclined to tend to believe them based on their knowledge and source, suggesting the death toll is well above the 10,000 number in China’s Wuhan city.
The Chinese government is not telling the truth.
Communism is under severe strain so they are withholding the real numbers to keep the population calm

He could be wrong but, my source, pretty close to the action

I live in Australia and was implored, nearly begged to go and buy surgical face masks for myself, that big a threat

Take it for what it’s worth, gossip and fear mongering or just a bit of advanced common sense till we know the seriousness of the event

I think China is just culling the herd. They have 1.4 Billion people to take care of in a Communist country.

its all about unknown Risk and Confidence in Markets

big run on food supplies will cause panics & lost productivity as people call-in sick from work



Symbol = scheme program is the definition

a reply to: Arnie123

Wuhan exodus of 5 million people before they closed the city. It's on the news.

Sh!t is out of control in China. We need politicians stop their stupid impeachment game and take care of this mess.

It’s my belief that the impeachment is having as much effect on the markets as the virus is. Uncertainty always brings a down turn, I think Schiff would crash the market just to get the President. I’ll be glad when it’s over.

originally posted by: Trueman
Wuhan exodus of 5 million people before they closed the city.

5 Million vectors.

The 'experts' predict there are now 350,000 infected in Wuhan alone.

No cure for _any_ virus known to man. It has to run its course and you (the host) have to survive.

When this thing mutates and turns into a real killer ... that'll be when the fun starts. Right now it's taking two to three percent. Worse than the Spanish Flu ... and that killed 50,000,000.

We are prepared for minor disasters lasting up to six months. Three months of a pandemic wouldn't even effect our diet much, we might not have enough eggs and milk, but I suppose that we could suffer through that. We should buy a few more bags of powdered milk too. If people hauling the food and people producing the food are sick, it could lead to some things not being available.

I personally am not afraid of a pandemic, face it, if I do get sick and die, I don't have to worry about paying bills anymore.

I cannot understand why the Dow would drop from something like this. Sounds more like an excuse for a natural correction.

I suppose that the Chinese factories might be closed and shipping might be delayed which will lead to less products to sell by retailers. That could play a part in things.

originally posted by: St Udio

its all about unknown Risk and Confidence in Markets

big run on food supplies will cause panics & lost productivity as people call-in sick from work



Symbol = scheme program is the definition

Literally the first things to start happening in a threatened society are just those two things.

a reply to: Raggedyman

When it comes to the CCP, expect to take with a grain of salt, nobody really trusts them, at all.

They're exactly the one thing we all feared our Gov would become, how ironic the producer of our goods ended up in such a dystopic spot.

That being said, I agree that being humble in these times will keep panick at a minimum.

originally posted by: Middleoftheroad
I think China is just culling the herd. They have 1.4 Billion people to take care of in a Communist country.

Hella way for population control, there are just too many unknown variables with that.

Two facts, they have a large aging population, so reduced work and too many males, so lopsided gender society.

As nefarious as the CCP can be, I think "culling" is more like, we have X amount of people and we can sustain X amount of casualties before events reach critical levels, so work with what we got.

originally posted by: Trueman
a reply to: Arnie123

Wuhan exodus of 5 million people before they closed the city. It's on the news.

Sh!t is out of control in China. We need politicians stop their stupid impeachment game and take care of this mess.

In total agreement, perhaps this is the unifying force? Not war or famine, rather, PLAGUE 😶

a reply to: Arnie123

Well, ~I dont know why money is so important at times like these...

All great signals to buy, buy, buy.

...like the inside traders are.

So... sell stocks high, release a controlled virus, watch the market plunge, buy stocks back at lower prices, fix self made virus problem.

originally posted by: Mandroid7
All great signals to buy, buy, buy.

...like the inside traders are.

[email protected]



there is another wise saying about your outlook -> Don't try and catch a falling knife
insider traders are well connected players in the stock Casino !

originally posted by: Mandroid7
All great signals to buy, buy, buy.

...like the inside traders are.

I gotta give the Shanghai Composite at least 1 open day before I start playing the upside to this... 2 down days isn't enough even though it's been about a 3% move

TBH the markets are hardly even reacting to this... BUT down Friday - down Monday are bell weathers typically

We'll know by Wednesday put your money on that

hmm new development stockmarkets tell us wat to do with the true of diseaces….

a reply to: toysforadults

TBH the markets are hardly even reacting to this... BUT down Friday - down Monday are bell weathers typically

We'll know by Wednesday put your money on that

Naw ~~~~~~~~~~ by Wed 29 Jan the Fed Balance sheet money drop of the usual $80+ Billion will be pumping the expensive Tech giants once again...…...in a run up to the Anti-Trust breakups of a couple of $3Trillion market-cap high-techs that have too much influence already

I feel this Fed 'dark money' that prompts a $30K DOW will be the last Hurrah (on the heels of the Mega-Techs breakups) as the domestic and first world wealthy individuals in the EU or wherever.... will rotate into PMs or Cryptos instead of the S&P /DOW equity farce

me, i'm seeing a food corp, slide back to under $25. as it did at Nov 2019 for a 2 day opportunity... I see food crops as being as valuable as Gold....and I am focusing on my goal of 500shares during the 2020 window

see, I am pro Vertical Farming & re-purposing Malls as crop acreage, indoors, sheltered/controlled instead of in the harsh environment with cosmic rays/floods/locusts/cold-heat/volcanos/ other Biblical crop destroyers'