Fear of COVID in the market or ..?
Since July 5th, 2021, there is a change in the pattern of new Confirmed covid cases in the US, because of the delta variant.
From a statistical point of view, there is a significant negative correlation between the Nasdaq composite and the number of covid cases in the US, in the past month.
The difference is :
49% of the population are fully vaccinated and 56% received at least one dose!
However, we can not deny the fact that could be a trigger for a correction in the markets!
From a statistical point of view, there is a significant negative correlation between the Nasdaq composite and the number of covid cases in the US, in the past month.
The difference is :
49% of the population are fully vaccinated and 56% received at least one dose!
However, we can not deny the fact that could be a trigger for a correction in the markets!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.