What was obvious a week ago that Omicron probably is not as bad as investors perceived (definitely not worse than the Delta variant), and FED tapering no longer matters, everybody started chasing the markets again. Last two weeks investors were selling everything. Today, they are buying it back at higher prices. Many are screaming “buy! Continue reading →

And here we have it again. Hysteria renewed, or hysteria v2.0, whatever you name it. Despite cases of the new Omicron variant declining in South Africa hysterics returned to the markets selling everything. Powell didn’t help either this time as he said tapering may start sooner than expected. But don’t worry, his words were to Continue reading →

“This mutation is unlikely to be more malicious and that the existing vaccines will most likely continue to be effective in preventing hospitalizations and deaths” and as a result, while Goldman “would monitor the situation in Gauteng closely over the next month, we do not think that the new variant is sufficient reason to make Continue reading →

Earlier this week, scientists discovered a new Covid variant that spooked the markets and S&P 500 sold off by 2.7% (down -126.61) and DJI was down -905.04.   Everyone panics that this would cause a new travel ban, new restrictions, and new lockdowns. Yet the scientists admit that they do not know about the new Continue reading →

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Here we go again. While the US traders are digesting their turkeys with gravy and mashed potatoes the rest of the world is freaking out and algos are hitting bids, amid fears that a new coronavirus strain detected in South Africa, known as B.1.1529, reportedly carries an “extremely high number” of mutations and is “clearly Continue reading →