The Money Blog

OK - we have a new strain of COV19 detected in the UK.

What do we know about the mutation?

( important excerpt )

Have been holding my short positions for much of past 3 weeks, exiting at major support nodes, and re-entering on the short side on rallies into resistance.

I've managed to ride most of the move down...

I had been sharing with my Weekly Focus members this chart maybe 1 or 2 weeks ago. ( VERY IMPORTANT CHART )

People can't believe that we are actually talking about yearly support nodes at

2482.75 ...

We just hit 109K confirmed cases of COV19 worldwide.

Italy Just surpassed S.Korea to take up #2 spot for the most number of cases, outside China.

If you look at France, Germany each with 1000 cases,...

( Below is taken from today's Weekly Focus Post , where we send out weekly and daily updates like this to members )

I am adding this here because of its potential significance - and possible implicat...

So for those of you that have been following this blog, and following the markets,

you know of the market volatility we have seen in recent weeks.

One way to look at it was the corona virus.

But ju...

2000 point drop on the DOW - within 2 days.

And that was right after the markets made new all time highs last week.

Why?

1. Multi-year Resistance Nodes kicked in.

2. WEEKLY DRPO Sell Signal + We...

Markets finally recognized the risks COV19 have on the global economy, with the DJIA falling by more than 1000 points on Monday Trading.

This was just after DJIA made new all time highs just last wee...

We are in uncharted territory, with the Novel Corona Virus.

First - the fear that China was under-reporting cases was realized.

Second - new inferences should be made to the risk of spread if this e...

New cases for the corona virus rose sharply in China, 

Nearly 15,000 new cases have been reported in a 24-hour period, taking the total number of cases to just under 60,000.

To get an idea of the ...