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Does the COVID test even

Posted by pmahoney on 25th of Mar 2020 at 01:04 am

Does the COVID test even need FDA approval???

https://www.biomedomics.com/latest-fda-guidance-allows-distribution-of-sars-cov-2-serology-tests-for-diagnostic-use/

March 16, the FDA updated its “Policy for Diagnostic Tests for Coronavirus Disease-2019 during the Public Health Emergency” document. https://www.fda.gov/media/135659/download

As a result, BioMedomics will be able to distribute our COVID-19 IgM-IgG Antibody Rapid Test to any licensed healthcare practitioner in the United States for diagnostic use starting on March 17, 2020.

From BioMetrics quote request page  (they can't keep up with demand)

NOTE: Due to high demand and the need to fulfill existing orders, BioMedomics is temporarily halting new orders for COVID-19 tests. Our company will continue to fill all existing orders, and explore new ways to source materials and expand capacity to meet the growing demand for our tests. We are committed to doing our part to battle COVID-19.

The winner will be the company with the best supply chain.

They need to remove the

Posted by pmahoney on 24th of Mar 2020 at 09:20 pm

They need to remove the "in-home test" part of the wording

They took it down.

Posted by pmahoney on 24th of Mar 2020 at 08:33 pm

They took it down.

Approved by FDA yet?

Posted by pmahoney on 24th of Mar 2020 at 06:52 pm

Approved by FDA yet?

Wow the dollar is amazing.

Posted by pmahoney on 22nd of Mar 2020 at 03:43 pm

Wow the dollar is amazing.  Even though we are about to spend an extra $1-2Trillion  - we are still the best house in a crappy neighborhood????!!!


Exactly it was .84 to .86 during the 2008-2009 time span.

CPCE index 30 day MA

Posted by pmahoney on 20th of Mar 2020 at 01:29 pm

CPCE index 30 day MA is now at same level as Dec 2018

The NASI is also at those same levels.

Now that all the casinos in Las Vegas are closed, Wall St is the only casino in town!

SPX Weekly Chart1987 Crash 36%

Posted by pmahoney on 12th of Mar 2020 at 07:47 pm

SPX Weekly Chart1987 Crash 36%

From a points standpoint (obviously not percentage), the SPX is down 913 points from top; slightly more than the 910 points from 2007 top  - 2009 bottom. 

Smart vs. Dumb money vs

Posted by pmahoney on 10th of Mar 2020 at 10:49 pm

Smart vs. Dumb money vs SPX

SPX 200 week MA only 106 points below.  Maybe a red to green move tomorrow off that 200 W MA?

Soon  they are going to

TLT +10

Posted by pmahoney on 6th of Mar 2020 at 02:55 pm

Soon  they are going to start paying us to borrow money!!!

Will this "fix" the yield

Fed Cuts Rates 50 BPS

Posted by pmahoney on 3rd of Mar 2020 at 10:51 am

Will this "fix" the yield curve?

Looks great!  Are you going

off topic my setup

Posted by pmahoney on 2nd of Mar 2020 at 11:35 am

Looks great!  Are you going to put the CPU on a stand just in case???

$CPCE30 Day MA vs SPX  

Posted by pmahoney on 1st of Mar 2020 at 03:19 pm

$CPCE30 Day MA vs SPX   (Courtesy Jessie Stine)

Matt, I think the Democrats arranged for it as a way to discredit Trump and tumble the stock market to make him look bad!!  LOL

China eases quarantine and lays on transport to get people back to work

World’s second-largest economy begins to restart after coronavirus shutdown.

https://twitter.com/pmahoney2/status/1232461848126996482    Should be able to view it on my twitter account.

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