This could provide a turn in the market to the bearish side. I created 2 quick scripts that compare the change in daily deaths to change in daily cases. On average there seems to be about a 10 day delay between a new uptick in cases followed by a new uptick in daily deaths.
Why did new cases stay the same and deaths went down?
The only reason I can possibly explain this is that the majority of new cases for awhile was the younger generation with a lower risk of death.
Why should I be worried now?
We've been consistently hitting new all time highs in cases for nearly 2 weeks now. New daily deaths are starting to climb and with a bit of a jump too. This next week will tell us if the new uptick in cases was due to a lot of false positive testing, or was the result of a lot of people contracting covid. If this is the case a MASSIVE uptick in hospitalizations and deaths will happen. Spy puts may be in the cards.
Why did new cases stay the same and deaths went down?
The only reason I can possibly explain this is that the majority of new cases for awhile was the younger generation with a lower risk of death.
Why should I be worried now?
We've been consistently hitting new all time highs in cases for nearly 2 weeks now. New daily deaths are starting to climb and with a bit of a jump too. This next week will tell us if the new uptick in cases was due to a lot of false positive testing, or was the result of a lot of people contracting covid. If this is the case a MASSIVE uptick in hospitalizations and deaths will happen. Spy puts may be in the cards.