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COVID-19 UPDATE: Daily cases keep plunging and >70% of US sees cases 50% off their highs (highest ever). Array ( [cookie] => 38bc7a-aa3424-337639-f96d2b-e9393b [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 2 [max_usage_crypto] => 2 [lock] => 1 [message] => [error] => [active_member] => 0 [subscriber] => 0 [role] => [visitor_id] => 207711 [user_id] => [reason] => [method] => ) 1 and can accesss
Click HERE to access the FSInsight COVID-19 Daily Chartbook.
STRATEGY: The daily 'seasonality' is so pronounced, looking vs 7D is the only way to see trends...
Over the past 10 days, many of our clients have questioned whether daily cases trends are falling -- the reason is that day by day, we see fluctuations in daily cases. There are several reasons for this:
- weekend lags due to lab closures
- weekend lags as people seek testing during midweek
- general seasonality
But as we have been saying for >10 days now, we believe daily cases peaked on 7/24 and are now in a steep decline. To really appreciate this, we re-arranged daily cases, but based upon the "day of the week" -- this way, you can see how each day of the week compared to the same period in prior weeks.
- as this chart shows, the daily cases have fallen 4 weeks in a row (same day)
- cases reported to be highest on Thursday/Friday in any given week
Source: Fundstrat
Now some prefer to look at 7-day moving average, and we think this is good for smoothing out the lumps, but it is also slower moving. That is, it is not necessarily going to reflect changes quickly. The 7-day moving averages are highlighted in the blue boxes above the daily cases.
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MacroFSI Macrofrom$169/mobilled anuallyFirst Month Free!What's included?Real-time market commentary about macro and crypto events from our research heads.Webinars and MediaDaily video commentary on market conditions & key events.We host over 12 LIVE webinars per year with our research team and high-profile special guests. Incredible value and market insights!ResearchOn market eventsThese are released periodically after crucial market developments.WeeklyWeekly update on developments in Washington DC and how they may impact Wall Street.Updated bi-weeklyHighlights timely market themes and sectors with corresponding stocks, cutting through the day-to-day market “noise” for a distinct perspective.Stock ListsUpdated monthlyTechnically derived, intermediate-term picks of attractive risk/reward opportunities from the S&P 500.And More!Our main goal is to make you a better investor! This series will guide you through key financial concepts and topics in an understandable way.We gather your inquiries and answer them in the most scalable way. Hear directly from our research principals!Get questions answered directly by our research heads and guest speakers.Get access to all the macro research on FS Insight
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MacroFSI Macrofrom$199/mobilled anuallyFirst Month Free!What's included?Real-time market commentary about macro and crypto events from our research heads.Webinars and MediaDaily video commentary on market conditions & key events.We host over 12 LIVE webinars per year with our research team and high-profile special guests. Incredible value and market insights!ResearchOn market eventsThese are released periodically after crucial market developments.WeeklyWeekly update on developments in Washington DC and how they may impact Wall Street.Updated bi-weeklyHighlights timely market themes and sectors with corresponding stocks, cutting through the day-to-day market “noise” for a distinct perspective.Stock ListsUpdated monthlyTechnically derived, intermediate-term picks of attractive risk/reward opportunities from the S&P 500.And More!Our main goal is to make you a better investor! This series will guide you through key financial concepts and topics in an understandable way.We gather your inquiries and answer them in the most scalable way. Hear directly from our research principals!Get questions answered directly by our research heads and guest speakers.Get access to all the macro research on FS Insight
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CryptoFSI Cryptofrom$79/mobilled anuallyFirst Month Free!What's included?Real-time market commentary about macro and crypto events from our research heads.Webinars and MediaOngoing webinars exploring crypto opportunities, in depth research, and exclusive research offerings from our team of analysts and leading cryptocurrency firms.WeeklyDigestible videos expanding on important market events and metrics that are shaping cryptocurrency markets.ResearchDailyStay on top of the crypto markets with macro commentary, technical analysis, and the most relevant news.Intra monthHear directly from Tom Lee about important cryptocurrency developments.WeeklyFrom Bitcoin, Ethereum and Solana to other coins, our Head of Technical Strategy highlights important price movement to help give you an edge.WeeklyA must-read summarizing our key thoughts about the crypto market, price action, and developing trends.WeeklyAre you looking for investment opportunities in the crypto space? We explore early-stage crypto opportunities in this note about where the smart money is being invested!Intra-monthOur consulting business delivers incredible deep research reports to highlight the economics and viability of exciting crypto projects.And More!Our main goal is to make you a better investor! This series will guide you through key financial concepts and topics in an understandable way.We gather your inquiries and answer them in the most scalable way. Hear directly from our research principals!Get questions answered directly by our research heads and guest speakers.Get access to all the crypto research on FS Insight
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CryptoFSI Cryptofrom$99/mobilled anuallyFirst Month Free!What's included?Real-time market commentary about macro and crypto events from our research heads.Webinars and MediaOngoing webinars exploring crypto opportunities, in depth research, and exclusive research offerings from our team of analysts and leading cryptocurrency firms.WeeklyDigestible videos expanding on important market events and metrics that are shaping cryptocurrency markets.ResearchDailyStay on top of the crypto markets with macro commentary, technical analysis, and the most relevant news.Intra monthHear directly from Tom Lee about important cryptocurrency developments.WeeklyFrom Bitcoin, Ethereum and Solana to other coins, our Head of Technical Strategy highlights important price movement to help give you an edge.WeeklyA must-read summarizing our key thoughts about the crypto market, price action, and developing trends.WeeklyAre you looking for investment opportunities in the crypto space? We explore early-stage crypto opportunities in this note about where the smart money is being invested!Intra-monthOur consulting business delivers incredible deep research reports to highlight the economics and viability of exciting crypto projects.And More!Our main goal is to make you a better investor! This series will guide you through key financial concepts and topics in an understandable way.We gather your inquiries and answer them in the most scalable way. Hear directly from our research principals!Get questions answered directly by our research heads and guest speakers.Get access to all the crypto research on FS Insight
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