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.

Aren't money market funds holders of debt and US treasury notes, so would that actually be a low risk place to be with the concerns about the debt crisis? Also, this company plan doesn't have the option to be in a money market, so what's the next best thing? 

HK impressive.  They are not letting any foreigners in and shutdown their borders once a couple of cases were reported.  They dealt with SARS back in the day so they were much better prepared than us.  I was shocked to see that Mardis Gras still went down.  That's not good.  

We are the best! I guess we shouldn't be proud of being the best on this graph

Steve - On chart 20 tonight, 60 min of the VIX, you said "we also had the opex/opecs (sp?) last Friday which tends to be restrictive on the VIX."  What is it you were referring to?  Thanks.

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

nice comparison chart to 1929    , lines of thousands of unemployed workers in Australia not seen since the the 1929 depression.  State boarders closed to interstate travel first time in 100 years. Interesting times 

1929 - 2020 Analog Update.

$USD.   The trend is up and very bullish.   Soon I will start a core position around the 10 day ma/Daily chart.   UUP.   Its a boring play but I like boring positions with no feeding frenzies.  I like Gold and Silver but there is way too much enthusiasm right now.  I think the metals chop  around for a while.    

I am a buyer of gold and especially silver at any price! I thought i would have to wait many more years before the fed went all in with {Unlimited QE} {ZIRP infinity} {Pandemic Purchase Programs} {Buying Corporate Bonds} {$6 trillion Dollar Bailouts}. This current world situation just forced the inevitable to the forefront. Thank god that the gold and silver community has a complete playbook for this exact economic scenario!

great chart thxs

They took it down.

Does it need a handle to form? Could be a year.

Link to my 10y/3m yield chart with estimate to market low based on previous lows.

http://schrts.co/NMpXUZcf

ABX.TO {Big Picture} Monthly Chart Gold Stock. Looking out even further it's even more bullish than the{weekly}chart i posted below. This kind of setup is what i have been waiting years for. You have a massive {Cup} setup and a {Wave 3} setup. Both trigger long at $29.84.

Nice 50 points on ES off that resistance guys

Tuesday Newsletter

ABX Gold Stock. Weekly Chart. This is my preferred {Elliott Wave} count. {Wave 1} was a 5 Wave impulsive move from Sept 2018 to Feb 2020 at $29.83. The {Wave 2} bottom was at $17.52. Big bullish {Wave 3} setting up. 

$Nymo Divergences generally marked market declines in past year. I reproduced this Chart From Tom McCellan's work

ES 35 points off resistance thus far