Trade Reco

Crude Light New York

This is a very thinly traded market. This trade is not over but I want to TAKE PROFITS. OPEC meets on December 2nd and I’m sure they’re going to announce no increase in productions and they may even announce holding more oil off the market. I believe this COVID variant is serious. As you know, I’ve been predicting this event since August but we are due for the FDA, the CDC and the Biden electees to spread copious amounts of joy gel. That should set a bear trap where they swing oil to the upside. On the next wave up, I want to short the shit out of this market again. For now, take the freeging money and run.

BARK BARK BARK Scientists sound alarm over new ‘worst-ever’ super-mutant COVID variant that could make vaccines 40% less effective BARK BARK BARK

UK and Israel ban travel from South Africa and five other countries but passengers will continue to stream into US
  • The B.1.1.529 variant has a ‘very unusual constellation’ of mutations and may be more resistant to the vaccine
  • Likely to be officially named Nu, variant might evade the body’s immune response and be more transmissible
  • There are currently 77 confirmed cases in South Africa, four in Botswana, one in Hong Kong and one in Israel
  • However, the real numbers are likely much higher as health authorities establish the full scale of the spread
  • Britain, Israel, Singapore, Germany and Ital are among increasing countries to block flights from South Africa
  • There are no direct flights to US from any of the countries except South Africa. Early Friday morning, the CDC still listed South Africa as ‘Level 1: Low Level of COVID-19’ on the country’s travel advice page

Continue reading “BARK BARK BARK Scientists sound alarm over new ‘worst-ever’ super-mutant COVID variant that could make vaccines 40% less effective BARK BARK BARK”

Crazy shit-WHO cautions against imposing travel restrictions due to new variant

NB: some crazy shit… we have a highly mutated covid variant and the WHO as in health does not want to take the cautious approach and shut down the flying incubates……. some crazy shit!

GENEVA, Nov 26 (Reuters) – The World Health Organisation (WHO) on Friday cautioned countries against hastily imposing travel restrictions linked to the new B.1.1.529 variant of COVID-19, saying they should take a “risk-based and scientific approach”. Continue reading “Crazy shit-WHO cautions against imposing travel restrictions due to new variant”

European shares tumble on fears over new virus variant

(Reuters) – European stocks sank more than 3% on Friday, as report of a newly identified and possibly vaccine-resistant coronavirus variant stoked fears of a fresh hit to global economy and drove investors out of riskier assets. The pan-European STOXX 600 index fell 3.3% by 0819 GMT, on course for its worst session in over a year, while UK’s FTSE 100 dropped 3.3%. Germany’s DAX fell 3.4% and France’s CAC 40 shed 4.3%.

Little is known of the variant detected in South Africa, Botswana and Hong Kong, but scientists said it has an unusual combination of mutations and may be able to evade immune responses or make it more transmissible. Continue reading “European shares tumble on fears over new virus variant”

Oil plunges near 3% amid virus, oversupply fears

Prices of oil futures tumbled almost 3% on Friday as the traders monitored the latest developments on the COVID front, with more and more countries deciding to limit air traffic to and from South Africa and the surrounding nations after the emergence of a new virus variant. Meanwhile, worries over increased supply brought by a coordinated strategic petroleum reserve release persisted, seemingly adding to the negative sentiment. West Texas Intermediate (WTI) for deliveries in January 2022 dropped 2.8% at 1:16 am ET to sell for $75.91 per barrel. A minute later, Brent for the same month’s settlements lost 2.55% to go for $80.12 per barrel.

South African variant ‘most infectious’ yet – UK’s Shapps

LONDON (Reuters) -Britain said on Friday that a newly identified coronavirus variant spreading in South Africa was considered by scientists to be the most significant one yet found and so it needed to ascertain whether or not it made vaccines ineffective. Defending a ban on flights from South Africa, Namibia, Botswana, Zimbabwe, Lesotho and Eswatini, Transport Secretary Grant Shapps said that the lesson of COVID was that early action was essential. The UK Health Security Agency said that the variant – called B.1.1.529 – has a spike protein that was dramatically different to the one in the original coronavirus that COVID-19 vaccines are based on. “As scientists have described, (this is) the most significant variant they’ve encountered to date in their research,” Shapps told Sky News. Officials have advised the government on the need to act swiftly and pre-emptively in case the concerns over the impact of the variant are borne out, even though it could take weeks to generate all the information needed about its characteristics. The variant has also been found in Botswana and Hong Kong, but the UK Health Security Agency said that no cases of the variant had been detected in Britain.

France approves boosters for adults after 5 months….. Italy introduces restrictions for unvaccinated people….. Netherlands to introduce tougher COVID measures

French health agency Haute Autorité de santé (HAS) approved on Thursday COVID-19 boosters for people over the age of 18. Unlike most other national authorities that have authorized boosters after six months, the HAS recommends that booster shots be administered as early as five months after the original vaccination. France has already approved boosters for those aged 40 and older. The HAS argued that the “worrying” pandemic trends warrant the acceleration of the vaccination campaign. It also stressed the importance of immunizing the population that has not yet been vaccinated, as well as maintaining other measures “in order to preserve the healthcare system and avoid restrictions.” Continue reading “France approves boosters for adults after 5 months….. Italy introduces restrictions for unvaccinated people….. Netherlands to introduce tougher COVID measures”

German COVID-19 deaths pass 100,000 mark as fourth wave takes hold

BERLIN, Nov 25 (Reuters) – Germany crossed the sombre threshold of 100,000 COVID-19-related deaths on Thursday with a surge in new infections posing a challenge for the new government. Since the start of the pandemic, 100,119 people have died with the virus in Germany, data from the Robert Koch Institute for infectious diseases showed. The number of new daily cases hit a new record of 75,961. Hospitals in some areas, especially in eastern and southern Germany, are under pressure and virologists have warned that many more people could die. The head of the Robert Koch Institute has put the mortality rate at about 0.8%, meaning that at daily case numbers around 50,000, some 400 people per day will end dying. Germany’s incoming three-party government, which announced its coalition deal on Wednesday, said it would create a team of experts who would assess the situation on a daily basis. Greens co-leader Annalena Baerbock said the new government, comprising the Social Democrats (SPD), Greens and Free Democrats (FDP), had set itself 10 days to decide if further restrictions are needed. Germany has already limited large parts of public life in areas where the situation is acute to people who have been vaccinated or have recovered. FDP leader Christian Lindner said tighter regional restrictions would probably be needed if a national lockdown, like that in neighbouring Austria, is to be avoided. With a vaccine rate of just 68.1%, far behind some European countries such as Portugal, Spain and even France, Chancellor-in-waiting Olaf Scholz promised to ramp up vaccinations and did not rule out making it compulsory. “We must vaccinate and give booster shots to prevent the spread of the virus,” said Scholz. “Vaccination is the way out of this pandemic,” he said. He said long queues for booster shots in some areas that are slowing things down had to be sorted out. A growing number of politicians are calling for compulsory vaccinations, initially for workers in some sectors, but possibly later for everyone.

COVID cases break records in Europe, prompting booster shot expansion

https://youtu.be/sgSu6o804W4

Germany reported its highest single day surge of Covid-19 infections as Chancellor Angela Merkel said the “dramatic” situation was the result of the fourth wave “hitting our country with full force.” The Robert Koch Institute (RKI), Germany’s disease and control center, has reported 65,371 new cases within the last 24 hours — it is an increase of 12,545 new infections compared to the previous 24-hour period. But these figures are likely to be under reported, and true scale of infections could be “twice or three times as many,” RKI chief Lothar Wieler told an online discussion with Saxony’s state premier Michael Kretschmer on Wednesday evening. Thursday, pushing the total number of deaths since the pandemic began to 98,000 people in Germany, according to RKI data. Germany’s seven-day incidence rate also hit record levels of 336.9 cases per 100,000 people, up from 249.1 cases reported a week ago, RKI reported. Germany has one of the lowest vaccination rates in western Europe, with just over 67% of the population fully vaccinated. Around 33% have no protection against the virus, according to the RKI. This is one of the reasons why infections have soared to record levels, say experts, aided by waning immunity of the Covid-19 vaccines and the more infectious Delta variant. “As the vaccination campaign started in Germany at the beginning of this year, we now see some age groups and some people lose their immunity against Covid-19 quickly,” Tobias Kurth, a professor of public health and epidemiology at the Charité university hospital in Berlin, told CNN. ”The current pandemic situation in Germany is dramatic, I can’t say it any other way,” outgoing Chancellor Merkel told mayors from across Germany on Wednesday. Hospitalizations and deaths remain at a much lower level than in previous peaks, but there is growing concern about gaps in the country’s vaccination coverage as it moves into the winter months. ”It would be a disaster to act only when the intensive care units are full, because then it would be too late,” she added. The situation means Germany is on track to become the next country to impose stricter rules on those who haven’t been fully inoculated. Three parties making up the country’s prospective new coalition government approved a draft law on Thursday that would see stricter rules come into effect. The measures — which will be debated in the upper house of parliament on Friday — would require Germans to wear face masks and provide proof of vaccination, a certificate of recovery, or a negative Covid-19 test in order to ride a bus or board a train, in an expansion of the country’s “3G” system that required a negative Covid-19 test to enter certain venues and settings. Free Covid-19 tests would be reintroduced as well as permission to work from home whenever possible. The new legislation is designed to provide a nationwide framework in which the country’s regions can choose from a toolbox of other measures, depending on the severity of the outbreak. To that end, regions have room to tighten curbs in Covid-19 hotspots as needed. Green Party co-leader Robert Habeck told public broadcaster ARD on Sunday that the rules in effect amount to a “lockdown for the unvaccinated.” Continue reading “COVID cases break records in Europe, prompting booster shot expansion”

COVID will continue to spread as people mix and travel – WHO

GENEVA (Reuters) – The SARS-CoV-2 virus will continue to spread intensely as societies return to the social mixing and mobility of a pre-pandemic period, the World Health Organisation’s (WHO) emergency director Mike Ryan said on Wednesday.

Maria van Kerkhove, WHO technical lead on COVID-19, said that in the year-end holiday period it was important for everyone to take protection measures against COVID-19, including vaccination and social distancing.