Latest Coronavirus - Yikes

Apple stock drops after report says company will re-close some locations
Published: June 19, 2020 at 12:42 p.m. ET

Shares of Apple Inc. AAPL, -0.61% are off 0.6% in Friday trading after the company was reported to be planning re-closures of some locations due to a resurgence in COVID-19 cases. The company is re-closing certain stores in Florida and Arizona, a CNBC report said Friday. A tweet from Bloomberg said that the company would also be re-closing some stores in North Carolina and South Carolina. The company was among the first to temporarily close locations outside of China earlier this year, and it had been gradually reopening stores.

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This is why the CV19 case numbers matter.

And so it begins...

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Hospital numbers are up because of elective procedures, its really not rocket surgery
 
Hospital numbers are up because of elective procedures, its really not rocket surgery

New hospitalizations/day of COVID+ patients has increased about 30% over the last 10 days in Florida. While that could be meaningful, we've seen similar fluctuation over the last few months.

The most concerning factor right now is that % positive tests is steadily rising while the state is maintaining some of its highest levels of testing to-date. You'd really want to see the opposite. That is a non-issue if hospitalizations (and deaths) don't follow this trend.

A combined rise in % positive and new hospitalizations/day, which we've had for the last 10 days, is worth watching.
 
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New hospitalizations/day of COVID+ patients has increased about 30% over the last 10 days in Florida. While that could be meaningful, we've seen similar fluctuation over the last few months.

The most concerning factor right now is that % positive tests is steadily rising while the state is maintaining some of its highest levels of testing to-date. You'd really want to see the opposite. That is a non-issue if hospitalizations (and deaths) don't follow this trend.

A combined rise in % positive and new hospitalizations/day, which we've had for the last 10 days, is worth watching.

The more the state opens up, the more people will venture out and people will without a doubt get sick. However if the death rate and hospitalization rate stays down then that is positive news. Most of the "outbreaks" the news has tried to make a big deal about, like the 16 from Jacksonville were all no to very mild symptoms.
 
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When I'm looking for a stock pick, I always check with my butcher first.

Need medical advice, talk to my barber. He's an ace.
When I'm looking for a stock pick, I always check with my butcher first.

Need medical advice, talk to my barber. He's an ace.
Ignore his commentary and look at the data he’s presenting. The data is accurate and his conclusions are certainly reasonable. Governor of Florida just blew up the notion that all of a sudden Florida is in trouble.
 
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