The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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@themuir01
Your wallet after that £11k loss
shorturl.at/msN68
LoLoLoL
Why anyone would listen to a liar on here I would never know..
£62k, £50k & £53k profit you said you made ... what was it liar?
What I'm suggesting is a true downward trend cannot be established with the limited data we have, especially since a day in the last 2 weeks has reported more cases than the week before. We need far more data but I agree it looks to be in a plateau.
Stock prices haven't even budged over the US trends yet.
No offence mate but I've read your post properly. What I'm suggesting to you is that you're wasting your time highlighting the data for Saturdays because it's meaningless when considered in isolation.
@SumOverHistories
Mate please read my posts properly. I clearly did say:
"California reported more new cases this past Saturday, than the Saturday last week BUT OVERALL the trend does seem to be coming towards a plateau ON THE OTHER DAYS reporting on a week on week basis.
We will need several weeks more data to know definitely if a true downward trend is forming."
25/07/2020 - 10,761
26/07/2020 - 10,023
27/07/2020 - 9,854
28/07/2020 - 9,527
29/07/2020 - 9,078
30/07/2020 - 8,749
31/07/2020 - 8,300
01/08/2020 - 7,785
02/08/2020 - 7,777
Why are you only looking at the figures for Saturdays though? If you consider day to day cases over the past couple of weeks the 7 day rolling average is coming down.
7 day moving average for California from worldometers.info
25/07/2020 - 10,761
26/07/2020 - 10,023
27/07/2020 - 9,854
28/07/2020 - 9,527
29/07/2020 - 9,078
30/07/2020 - 8,749
31/07/2020 - 8,300
01/07/2020 - 7,785
02/07/2020 - 7,777
That looks like a clear downward trend off the peak. I agree it needs more time to confirm if it is an ongoing trend though.
According to Google data, Cali reported 800 more new cases this past Saturday then the previous Saturday. Like I said, too early to tell true trends but the positive is that we're not seeing huge weekly rises of cases anymore indicating at least a plateau is being reached.
Saturday 01/08/2020 -- 9,032
Saturday 25/07/2020 -- 8,259
Saturday 18/07/2020 -- 9,329
Saturday 11/07/2020 -- 8,460
Saturday 04/07/2020 -- 5,410
According to worldometer looks like Cali is slightly down on cases for Sat against the previous Sat but only by a small margin...overall looks to have passed the peak though https://www.worldometers.info/coronavirus/usa/california/
There's some good charts on here.
https://www.worldometers.info/coronavirus/usa/california/
why 7 weeks surely 2 weeks is more than sufficient?
Help me understand
I was looking at the 7 day moving average figure on new cases as opposed to the day to day figures.
California reported more new cases this past Saturday, than the Saturday last week but overall the trend does seem to be coming towards a plateau on other days reporting on a week on week basis.
We will need several weeks more data to know definitely if a true downward trend is forming.
Will be great to see California reopen
Good to see the key states of California and Florida continuing to trend down off the peak.
Yesterday was the lowest number of new cases since July 5th - definitely moving in the right direction.