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Do not fight the fed
1 trillion here 1 trillion there and the market goes up
Are there more bottom fishers?
Aug 5 New 52 week low
PHASE III EFFICACY TRIALS: Scientists give the vaccine to thousands of people and wait to see how many become infected, compared with volunteers who received a placebo. These trials can determine if the vaccine protects against the coronavirus. In June, the F.D.A. said that a coronavirus vaccine would have to protect at least 50% of vaccinated people to be considered effective.
APPROVAL: Regulators in each country review the trial results and decide whether to approve the vaccine or not.
During a pandemic, a vaccine may receive emergency use authorization before getting formal approval.
AUG 4 NEW 52 WEEK LOW
ART HILL says months AUG and SEP are seasonally down .
That means SQQQ should be up.
But time will tell.
JULY 31 TQQQ BUY
SQQQ new low
Good treade
SPXL follows SPX
PE Ratio = 19.80
Market Cap = 1.42 B
So you are not going to use the up coming vaccine !
Because you want to remain human !
Good luck !
I guess 147,000 dead does not move you.
SQQQ sell was triggered at 9:34 AM
SQQQ now on buy again.
Looks like it is going to be one of those days.
I will wait for the close befor giving other triggers,
Art Hill is Author of newsletter I get
So 147,000 is not many?
Or you could just die
Jul 28, 2020 · Russia aims to approve Covid-19 vaccine by mid-August - CNN Russia intends to be the first in the world to approve a coronavirus vaccine, in less than two weeks
Jul 28, 2020 · Russia aims to approve Covid-19 vaccine by mid-August - CNN Russia intends to be the first in the world to approve a coronavirus vaccine, in less than two weeks
ART HILL says it is too risky to trade SQQQ.
I agree with him.
The NAS 100 has four major stocks which make up 40% plus of the INDEX per ART HILL.
AAPL 12.15 %
AMZN 10.76 %
GOOGL 7.5 %
MSFT 11.19 %
All four have short term sells.
And all four report earnings this Thursday
THEY DO NOT HAVE FDA APPROVAL YET !
Just list one vaccine they have a PILL for !
You can not . IMHO.
VXRT has never developed a PILL for any vaccine.
I forgot they do not have a PILL for humans yet !
When will they have the FLU SHOT in a PILL ?