SP500 standard & poor's 500

BBUS, page-4563

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    I'm seeing slightly evidence (though within variance) of the re-opening causing cases to spike. I don't think anyone is going to be surprised by this and im unsure at what levels it needs to get to before medical services are overwhelmed although some projections (Quoted below) the worst hit Texas area is already at their capacity of new cases per day.

    Example: Texas
    https://www.texastribune.org/2020/05/15/texas-reopening-coronavirus-cases/

    Re-opened May 1 some businesses up to 25% capacity. Waterparks and Zoo's set to open this weekend.

    Meanwhile the numbers continue to grow with spikes over the last 3 days.
    https://hotcopper.com.au/data/attachments/2189/2189823-c396e7ed900d7202e92bd58bd2194acf.jpg
    Odd reporting going on though - written 28th May and says "COVID cases continue to decline" which is optimistic at best based on the above.
    https://www.*.sg/texas-governor-greg-abbott-lifts-coronavirus-restrictions-new-cases-2020-5?r=US&IR=T

    Regarding the worry over overburdening your hospitals the articles quotes:
    "Another model, this one by the Children’s Hospital of Philadelphia’s PolicyLab, projected that Harris County, where Houston is located, could see a daily increase of 2,000 new cases by June.“We’re not equipped to handle that type of surge. We can take about 200 cases a day, for example, with contact tracing and we’re building up that program,” Houston Mayor Sylvester Turner told KSAT."
    Prediction: Continued growth of COVID cases over the weekend with the market to open flat at best based on weekend reporting. Good weekend to hold IMHO.
 
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