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President Trump has been considering a government-enforced quarantine.
The order would restrict the movement of people and require them to stay home.
It would affect residents in the tri-state area of Connecticut, New Jersey and New York. This region has become a hotspot with more than 50% of U.S. coronavirus cases.
Instead of the quarantine, Trump asked the Centers for Disease Control to issue a travel warning.
It urges people in the area to “refrain from non-essential domestic travel” for the next two weeks.
Meanwhile, the U.S. Navy is sending the USNS Comfort to New York City. The 1,000-bed hospital ship will help support New York’s overwhelmed hospital system.
Coronavirus cases in the U.S. continue to surge. As of Monday morning, there were 142,793 cases. The explosive growth in cases shows that the virus is not contained.
Expansion of the coronavirus – and the negative economic impact – is weighing on stocks. Major U.S. indices are in a bear market – trading down around 30% since late February.
Yet it’s still possible to make money trading – even when stocks drop.
These 10-Minute Bloodbath Trades are handing out up to 100% winning trades . . . including 23% profits in as few as four trading sessions.
The Big News . . .
NIH Expert Predicts 100,000 – 200,000 Deaths
Dr. Anthony Fauci is a key member of Trump’s coronavirus task force. He told CNN that he expects millions of cases in the U.S. Meanwhile, the number of deaths could be between 100,000 – 200,000.
Trump: Social Distancing Continues Until April 30
President Trump says that the peak death rate from coronavirus in the U.S. will occur within two weeks. That’s why he’s extending social distancing recommendations through April 30. The president says this will help slow the spread of the virus.
Bill Gates: Shut America Down for 6 – 10 Weeks
Microsoft founder Bill Gates says America should have an “extreme shutdown” for six to 10weeks. Gates admits that this will be painful for the economy. Yet, he said, it will be worse if we don’t implement aggressive measures today.
Biden Recommends Mail-In Ballots
Democratic presidential frontrunner Joe Biden says states should prepare for mail-in elections. He says this could be used with primary elections and may also be necessary for the November presidential election.
New York is Ground Zero of Coronavirus in America
Over 59,648 New Yorkers now are infected with Covid-19. Meanwhile, the state’s death count has surged to over 965. The state is warning that it will run out of critical medical supplies within the next week. New York has approximately 42% of the cases in the U.S.
New York doctors plan to start taking this Covid-19 vaccine within the next couple months. Go here for details on the biotech stock behind this new drug.
The Coronavirus Numbers
Here are the numbers from Monday morning at 9 a.m. ET.
- 738,866 Infected worldwide
- 35,012 Deaths
- 142,793 Infected in the U.S.
- 2,490 Deaths in the U.S.
After posting losses on Thursday and Friday . . .
U.S. stocks are preparing for gains on Monday morning. The major U.S. indexes are posting pre-market gains of approximately 1%.
Today’s trading looks like it’ll be less volatile than recent days.
Dow Jones Market Data reports that the average daily move for stocks was nearly 7%.
One stock on the move this morning is Abbott Laboratories (NYE ABT). The company received approval from the Food and Drug Administration for its coronavirus test. The test can accurately diagnose Covid-19 within five minutes.
Abbott shares are up 12% in pre-market trading.
Stock market volatility will remain elevated in the coming weeks. And that’s making these 10-Minute Bloodbath Trades extremely profitable.
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Yours in Health & Wealth,