COVID-19 Pandemic: News, Updates, Discussion

Discussion in 'The Cocktail Lounge' started by Stockaholic, Feb 14, 2020.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  2. Stockaholic

    Stockaholic Content Manager

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    man, seems like the news just gets worse and worse...hoping this means we're getting closer to the peak here. trying to keep with a positive attitude. admittedly though it's been a little hard. thanks for all the news and updates in this thread @stock1234, @Three Eyes, @OldFart, @StockJock-e and also you too @Z-OldEurope! much appreciate it! :)
     
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  3. Stockaholic

    Stockaholic Content Manager

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    pulled from the first posts of this thread.

    just taking a quick trip down memory lane ... it's just insane to me how much this thing has exploded since the very early days back in january :eek:

    [​IMG]
     
  4. StockJock-e

    StockJock-e Brew Master
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    At least we are seeing declining rates of new cases in countries that took decisive action like Japan and S Korea.

    Shows that rapid and extreme action now will slow things down in about 4 weeks.
     
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  5. Vdubman

    Vdubman Well-Known Member

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    10,000 views in a month. wow
     
  6. Marvan

    Marvan Well-Known Member

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    One can not stop this virus, it can only be spread so that people not come all at the same time to the hospitals because hospitals have not enough beds and staff to treat them at the same time.

    That is what happening in Italy!
     
  7. OldFart

    OldFart Well-Known Member

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  8. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I've always said that when there's a run on guns and ammo that we've reached mass hysteria/bottom.

    When is the last time there was social unrest that people actually had to fend off others from their property?

    Same thing happened in 08-09.

    Hopefully we've reached bottom here with VIX ticking over 80 yesterday.

    Hopefully you bought this morning b/c this was just a stock market glitch - President Pump
     
  9. ChrisDouthit

    ChrisDouthit Member

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  10. Z-OldEurope

    Z-OldEurope Active Member

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    After this Sh**t is over and out and all calms down
    we really have to talk with the Chinese. On a larger scale. This cant go so for ever.

    Every few years a another new pandemy from China..

    Sorry for being maybe "cultural racist" but they have to STOP doing that.
    If you want to continue doing business with the West you should consider
    to change your behavior in some cases.. Like. Eating:

    Bat Soups, Snake Blood, Tiger Penises, hanged dogs, bear bile aso aso

    Only the Tip of the Ice Berg.

    Or.. Read about it months ago cant find the link atm:

    There are some very rare creatures living in the fresh and clear mountain creeks,
    living dinosaurs looking like a blob and of course the local farmers hunt them
    and they are a of course delicateness (for my ass..)

    Im sure the majority of the Chinese population is progressive and normal
    BUT they have to have care about their few 100 millions uneducated minority..
    Its not a cultural this its simply a shit thing. Sorry for the words.
    Eating a Bat Soup, what a joke.. Whats next, a cooked monkey.. ?

    Its simply,

    as we dont accept 12 years old brides in our culture,
    so we equal should not accept a culture of eating Bats or hanging dogs for a better
    meat because when they die with stress and stress produces adrenaline and makes
    the meat much softer.. ?? and blah..


    Its not cultural its embarrassing.

    Thats from me atm.

    We are close to complete lock down in Germany.
    But im a craftsman i will be allowed to move.

    Till the End ;)
     
    #110 Z-OldEurope, Mar 17, 2020
    Last edited: Mar 17, 2020
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  11. Libher

    Libher New Member

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    Hope all will be all right soon.
     
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  12. Stockaholic

    Stockaholic Content Manager

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    ditto that, and i see this is your first post on stockaholics @Libher, welcome! :)

    i'm still keepin' my fingers crossed here that this virus will be contained once the heat of the summer begins here in the u.s....

    i was just talking to my old man's friend earlier this morning who is in his 80s and was around for the 1957 flu pandemic. said there were some similarities between that one and the one we're going through today.

    also said that he does not believe that we are going through a repeat of the 1918 spanish flu pandemic which was a huge relief for me to hear anyway.

    let's hope for some better news here soon :)
     
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  13. Stockaholic

    Stockaholic Content Manager

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    rumors of a 30-day lockdown in the u.s. getting throw about on cbnc now.
     
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  14. Stockaholic

    Stockaholic Content Manager

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    any word/news on the Olympics this summer? is that called off yet anyone know?
     
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  15. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    File this post under
    "Common Flu vs COVID-19 death rates."

    I keep seeing references in media (and on Stockaholics) to common flu death rates and COVID death rates being similar. The common flu death rates people have been quoting just did not sound right to me. So using CDC data for last year, one of the worst death tolls in a decade from common flu, here's what we have:

    [This is using most conservative data assumptions of smallest estimated cases and highest estimated deaths for 2018/19]

    Cases: 39,000,000 (the 95% confidence interval estimate range is 39 million to 58 million)
    Deaths: 95,000 (the 95% confidence interval estimate range is 46,000 to 95,000)

    So, 95,000 / 39 million = is a 0.24% death rate for common flu. That's the worst-case scenario number.
    __________________

    So, what would the numbers be assuming a 1% death rate among cases for COVID-19? (and 1% is on the optimistic side of things.)

    The rosiest assumption is that 50% of the US population will get COVID-19.

    The estimate for 2018 is a US population of 327.2 million.

    50% of that getting infected would be: 163,600,000 persons.

    >>>>>A 1% death rate of 163.6 million people would be 1.6+ million deaths.<<<<<

    Societies around the world are NOT gonna disrupt economies if COVID-19 were anything near seasonal flu.
     
  16. StockJock-e

    StockJock-e Brew Master
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    Who is still saying that?

    Are they blind?
     
  17. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I think a full lockdown will happen - what do we think will happen to the market
     
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Not cancelled or postponed yet but looks like we are heading to that direction for sure
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Sharp short term pain but probably better than this continuous pain
     
  20. Stockaholic

    Stockaholic Content Manager

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    that's a good question, i'm almost itching to make that into a form of a poll question in the market polls section :p
     

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