glunn

At least the first item appears true -- https://nypost.com/2020/03/11/china-shuts-all-16-temporary-coronavirus-hospitals-in-wuhan/

Here is some possible GOOD NEWS that I got in an email. I have not verified any of it. For all I KNOW it may all be false. I will try to do some fact checking later. -China has closed down its last coronavirus hospital. Not enough new cases to support them. - Doctors in India have been successful in treating Coronavirus. Combination of drugs used: Lopinavir, Retonovir, Oseltamivir along with Chlorphenamine. They are going to suggest same medicine, globally. - Researchers of the Erasmus Medical Center claim to have found an antibody against coronavirus. - A 103-year-old Chinese grandmother has made a full recovery from COVID-19 after being treated for 6 days in Wuhan, China. - Apple reopens all 42 china stores - Cleveland Clinic developed a COVID-19 test that gives results in hours, not days. - Good news from South Korea, where the number of new cases is declining. - Italy is hit hard, experts say, only because they have the oldest population in Europe. - Scientists in Israel likely to announce the development of a coronavirus vaccine. - 3 Maryland coronavirus patients fully recovered; able to return to everyday life. - A network of Canadian scientists are making excellent progress in Covid-19 research. - A San Diego biotech company is developing a Covid-19 vaccine in collaboration with Duke University and National University of Singapore. - Tulsa County's first positive COVID-19 case has recovered. This individual has had two negative tests, which is the indicator of recovery. - All 7 patients who were getting treated for at Safdarjung hospital in New Delhi have recovered. - Plasma from newly recovered patients from Covid -19 can treat others infected by Covid-19.e. *Compiled from Bloomberg news. And the first Filipino Covid Patient was released from hospital today*

A little levity (we all need it) Tom Hanks survived 4 years on an island as a castaway He spent a year in an airport without being able to leave Caught AIDS in Philadelphia He was in World War II and rescued Private Ryan; He went to Vietnam and rescued Lieutenant Dan Was on a boat kidnapped by Somali pirates Survived Apollo 13 trying to reach the Moon Landed a Boeing on the Hudson River✈ If that son of a b**ch dies of coronavirus , we are ALL screwed!!!

Welcome to TD, and asking such questions will always be OK.

It is now subject to exercise, but the party on the other side has not acted so far, which is not unusual. I expect a bounce tomorrow, but capitulation before the end of the week. I wish that I had waited longer to start going long. On the other hand, considering the prospects for fixed income, I think that equities will come back strong after the virus runs its course.

You might also consider selling puts.

I don't have the time to trade while the market is open, but it's easy to play the options market by putting in trades for the next day. For example, I just entered an order to sell a McDonalds (MCD) January 2021 put tomorrow at a strike price of $150. MCD closed on Friday above 177. I am hoping that some algorithm freaks out if the stock market tanks, because my order is for a premium of $15, so MCD will need to go below $135 for me to eventually lose on the trade. Most of my trades are not getting executed, but I see opportunities to buy solid companies at huge discounts and to keep large premiums if the call options expire.

I am thinking that Friday was a dead cat bounce, and hoping that it continues on Monday. Monday might be a good day for hedging.

We may have to retire later than we planned.

I will not be surprised if the season gets cancelled, but am praying that it does not. If the season does get cancelled, at least we will have each other.

I am seeing a lot of "bargains" today. Taking a significant position in XLU -- utilities ETF with yield around 3%. Also adding to "death" portfolio and selling QQQ puts at $175. Is anyone else buying, and if so, what are you buying? I

I continue to build positions in funeral homes and cemeteries. It's a low volatility sector that could get a huge bump fairly soon, and I think that other investors may be beginning to pile on. Two of my three positions were up today. Not sexy like tech, but more grounded.

I am taking a very close look at NS. I think that it's been oversold, but there is risk of its customers defaulting.

Stocks that I am buying tomorrow: CSV SCI STON

Based on my lack of confidence in the powers that be, I am looking at companies that operate funeral homes and cemeteries. https://frugalfortunes.com/funeral-home-stocks-death-care-trends/

Thank you. I sold a put on this last week at $130.

I placed an order to sell a June put on MMM at $130 -- nice premium and I would be happy to own the stock at that price.

That sounds like a good one to look at. I want to try to figure out how much of their revenue comes from the mask business.

I am deep in these sectors, but even deeper in REITs and cash. Like you, I will be looking for bargains next week. I wish that the manufacturer of Purell was a public company.

Tomorrow will be a big day, and I am not optimistic.

Welcome to TD. Nice first post.

Thanks, Nick. You made my day.

I don't think that we know very much about what the price may be. The Twins have a lot of valuable prospects. Maybe this is an opportunity to add an arm that is as good or better than Rogers in exchange for an array of prospects that the Twins can afford to lose? I hope that the front office is at least calling the Brewers.

What you say makes sense. I am wondering if they may be doing some rebuilding?

The article linked below suggests that the Brewers might be willing to trade him to the Yankees for prospects. Hader is a top reliever who eat innings. According to the article: "Hader, 25, has been one of the most effective relievers in baseball since his debut in 2017. He's accumulated a career 178 ERA+ and 4.85 strikeout-to-walk ratio despite aggressive usage that has often involved multi-inning outings. For perspective, there's only one pitcher in baseball with 30-plus saves who has thrown more innings the past two seasons than Hader's 157 -- and that's Ian Kennedy, who started 22 games during that span. The next closest pitcher, Raisel Iglesias, trails Hader by nearly 20 innings." I hope that the Twins check in on Hader. https://www.cbssports.com/mlb/news/mlb-trade-rumors-yankees-pursuing-brewers-all-star-closer-josh-hader/