OCGN received Covid vaccine approval from the WHO, and the next application can fall into place. The next vaccine approval could come from Canada. Monthly and 4 Hour Charts
SC are you always search a drop in SPX starting from the end of year or the beginning ? from which level? Do you have a low target in your mind? many thanks
The Santa rally started on the Biden speech as suspected. SPX has lurched up about 250 points so far. It's not clear where it will turn down yet. SPX will not be able to hold the 50 day average for much longer though. Then the objective becomes the 200 average currently 4,370 but rising.
SCDecember 19, 2021 at 1:00 PM
"Biden speech may kick off a Santa rally... Some sweet talking to calm Covid nerves. SPX tested 50 day average last week as support."
every morning- we see one or two big bars on the 30 min chart--first time in five days --seems like we are slowing down-waiting to see the direction--we will know by the end of Day
Biden selling Oil for another month or so as stated in this news. Therefore, it may make sense to wait on Oil trades until most of the selling has been taken up. Later in January. It is being absorbed quite easily.
every morning- we see one or two big bars on the 30 min chart--first time in five days --seems like we are slowing down-waiting to see the direction--we will know by the end of Day
It is out the upward trend --but too early to tell whether we are reversing yet!
500 million tests. The US population is 330 million. Once they get these tests mailed out the Covid case numbers are going to be insane...
"WASHINGTON -- President Joe Biden says the federal government will buy half a billion COVID-19 rapid test kits and distribute them free of charge to people to use at home. But despite the high public demand for tests, it will still be several more weeks before these kits are available to be shipped. The administration is still working on details for how the program will work."
I tend to agree with you SC. Marty Armstrong has a cycle date for March 14th which previously said could be a low. I would say, that the cycle will be inverted for a possible high than coming down into a major low for May 27th based on Charles Nenner graph low.
I do not believe the market will automatically shoot up to new highs, PLus 3- 5 More of a long topping action in the markets where any small corrections will be bought up to keep the markets elevated until the middle of march.
"During a Dec. 29 interview on CNBC's Closing Bell, top White House COVID adviser Anthony Fauci, MD, discussed the current Omicron wave in the U.S., giving his thoughts on when it might start to come down. According to the infectious disease expert, we could be about a month away from the peak.
"I would imagine, given the size of our country and the diversity of vaccination versus not vaccination, that it likely will be more than a couple of weeks, probably by the end of January, I would think," Fauci said
Yes it still may come down. Let's see how it looks in January for entry. Mid January. This enormous inverse head and shoulders measures very high, but we should wait patiently.
Only death counts seem to impact the market & So far Onicron looks like a nothing burger. Since 90% of cases are vaxxed I may just be a side effect of immunosuppression + common cold....we shall see.
On the other hand, if a bunch of staff have to stay home I can see it impacting POS and supply chains like the airlines over Christmas.
Yes good point the market seems to perversely ignore cases possibly because it tries to see the end of the pandemic (which always seems just out of reach). If masses of people start calling into work sick that directly affects productivity. I wasn't concerned about people calling in sick just at Christmas because they want the holiday off work, but if the trend worsens then yes it becomes serious.
Blog/Disease Posted Dec 31, 2021 by Martin Armstrong Spread the love more
Even the test kits for the coronavirus could be potentially dangerous. The Abbott BinaxNOW COVID-19 Home Test Kit received emergency use authorization, but the Food and Drug Administration (FDA) is warning the kit contains a “solution in the tube contains a hazardous ingredient.”
That deadly ingredient is called sodium azide, and it could be deadly if ingested. A 1990 study studied the component after two college students fell ill following accidental ingestion after a physiology experiment. The student who consumed only a few sips survived, but their classmate died after consuming over 700 ml. “Sodium azide is an uncommon but potent poison which can cause serious illness and death,” the study concluded.
There are certain markers that I'm waiting for in a Cycle. Once they occur then we'll have the timing. Rather than one big move, I'm expecting several moves so we can take it one step at a time.
Impressive web site, Distinguished feedback that I can tackle. Im moving forward and may apply to my current job as a pet sitter, which is very enjoyable, but I need to additional expand. Regards. buy fake canadian passport
OGCN support shown on Monthly chart. Possible in the $4's.
ReplyDelete4 hour chart shows a gap at $11, and that makes a good target for Canada approval.
ReplyDeleteI'm starting to build a position again in OCGN. Hopefully get some more in the $4's.
ReplyDeleteA caveat though is that XBI $100 is possible to test the weekly 200 for XBI.
ReplyDelete"CDC recommends shorter Covid isolation, quarantine for all"
ReplyDeleteCDC is fully captured "regulatory" agency. Covid is over, it's done! Time to party!!
Deletehttps://alexberenson.substack.com/p/can-someone-help-me-understand-the
This comment has been removed by the author.
ReplyDeleteSC are you always search a drop in SPX starting from the end of year or the beginning ? from which level? Do you have a low target in your mind? many thanks
ReplyDeleteGood question.
DeleteThe Santa rally started on the Biden speech as suspected. SPX has lurched up about 250 points so far. It's not clear where it will turn down yet. SPX will not be able to hold the 50 day average for much longer though. Then the objective becomes the 200 average currently 4,370 but rising.
DeleteSCDecember 19, 2021 at 1:00 PM
"Biden speech may kick off a Santa rally... Some sweet talking to calm Covid nerves. SPX tested 50 day average last week as support."
sc,
ReplyDeleteevery morning- we see one or two big bars on the 30 min chart--first time in five days --seems like we are slowing down-waiting to see the direction--we will know by the end of Day
Biden selling Oil for another month or so as stated in this news. Therefore, it may make sense to wait on Oil trades until most of the selling has been taken up. Later in January. It is being absorbed quite easily.
ReplyDeletehttps://www.cnn.com/2021/11/23/politics/biden-oil-reserves-gas-prices/index.html
every morning- we see one or two big bars on the 30 min chart--first time in five days --seems like we are slowing down-waiting to see the direction--we will know by the end of Day
ReplyDeleteIt is out the upward trend --but too early to tell whether we are reversing yet!
500 million tests. The US population is 330 million. Once they get these tests mailed out the Covid case numbers are going to be insane...
ReplyDelete"WASHINGTON -- President Joe Biden says the federal government will buy half a billion COVID-19 rapid test kits and distribute them free of charge to people to use at home. But despite the high public demand for tests, it will still be several more weeks before these kits are available to be shipped. The administration is still working on details for how the program will work."
Or by the time they mail the tests everyone is healthy lol. Anyway that is a market moving event...
Deleteocgn in the low 4's. time to buy?
ReplyDeleteI'm going to wait for January. Heavy downtrend for OCGN could still take it lower before it turns.
Deletethanks!
DeleteSomeone just bought 1,900 ATVI Jan 72.5 calls at $0.70 for $133,000.
ReplyDeleteI wonder who lol
ReplyDeleteLol, Interesting chart Louis, thanks!
DeleteJan 21 2022
ReplyDelete"U.S. Covid cases rise to pandemic high as delta and omicron circulate at same time"
ReplyDeleteThis is bad
ReplyDeleteThere aren't many deaths though sc or hospitalizations considering the infection numbers..
ReplyDeleteDeaths lag after the Covid cases. Record cases now. Death count to spike over next 3 weeks in January.
DeleteThat is bad SC, can the market drop 20%?
DeleteI don't think so yet but the market seems out of touch. Reality about to hit.
Deletehttps://finance.yahoo.com/news/ocugen-partner-bharat-biotech-announces-145900387.html
ReplyDeleteContinually impressed by OCGN progess
DeleteSc
ReplyDeleteany idea when reality will enter the market????
March high could be interesting timing for SPX. The opposite of the 2020 low.
DeleteI tend to agree with you SC. Marty Armstrong has a cycle date for March 14th which previously said could be a low. I would say, that the cycle will be inverted for a possible high than coming down into a major low for May 27th based on Charles Nenner graph low.
DeleteI do not believe the market will automatically shoot up to new highs, PLus 3- 5 More of a long topping action in the markets where any small corrections will be bought up to keep the markets elevated until the middle of march.
DeleteThank you Phoenix for those dates! We'll see how it goes. Yes, likely we are in a consolidation phase here for a while. This takes time.
Delete"During a Dec. 29 interview on CNBC's Closing Bell, top White House COVID adviser Anthony Fauci, MD, discussed the current Omicron wave in the U.S., giving his thoughts on when it might start to come down. According to the infectious disease expert, we could be about a month away from the peak.
ReplyDelete"I would imagine, given the size of our country and the diversity of vaccination versus not vaccination, that it likely will be more than a couple of weeks, probably by the end of January, I would think," Fauci said
That may be the best timing to get into OCGN.
Deleteso don't get into OCGN just yet as it might see lower prices?
DeleteYes it still may come down. Let's see how it looks in January for entry. Mid January. This enormous inverse head and shoulders measures very high, but we should wait patiently.
DeleteSc,
ReplyDeleteOnly death counts seem to impact the market &
So far Onicron looks like a nothing burger. Since 90% of cases are vaxxed I may just be a side effect of immunosuppression + common cold....we shall see.
On the other hand, if a bunch of staff have to stay home I can see it impacting POS and supply chains like the airlines over Christmas.
Yes good point the market seems to perversely ignore cases possibly because it tries to see the end of the pandemic (which always seems just out of reach). If masses of people start calling into work sick that directly affects productivity. I wasn't concerned about people calling in sick just at Christmas because they want the holiday off work, but if the trend worsens then yes it becomes serious.
Delete
ReplyDeleteBlog/Disease
Posted Dec 31, 2021 by Martin Armstrong
Spread the love
more
Even the test kits for the coronavirus could be potentially dangerous. The Abbott BinaxNOW COVID-19 Home Test Kit received emergency use authorization, but the Food and Drug Administration (FDA) is warning the kit contains a “solution in the tube contains a hazardous ingredient.”
That deadly ingredient is called sodium azide, and it could be deadly if ingested. A 1990 study studied the component after two college students fell ill following accidental ingestion after a physiology experiment. The student who consumed only a few sips survived, but their classmate died after consuming over 700 ml. “Sodium azide is an uncommon but potent poison which can cause serious illness and death,” the study concluded.
ReplyDeleteSC, what is the timing from the big volatility trade? March or something sooner?
ReplyDeleteThere are certain markers that I'm waiting for in a Cycle. Once they occur then we'll have the timing. Rather than one big move, I'm expecting several moves so we can take it one step at a time.
DeleteOK, thanks SC
DeleteRIG looking hot!
ReplyDeleteNew chart posted!
ReplyDeleteGood one
ReplyDeleteThanks for sharing
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Impressive web site, Distinguished feedback that I can tackle. Im moving forward and may apply to my current job as a pet sitter, which is very enjoyable, but I need to additional expand. Regards. buy fake canadian passport
ReplyDelete