Stay preoccupied and invest during the outbreak
Unless you have been living under a rock, you have undoubtedly heard about the deadly Coronavirus that is spreading throughout the globe. Over the weekend the number of infected and the death rate of the virus have both almost doubled. The number of cases in the United States is slowly growing but still remains extremely low; however, The Chinese government has suspended travel and quarantined over 50 million people.
Hopefully this will help with containing the virus, and in the mean time companies like $NNVC, NanoViricides, inc. $CODX, Co-Diognostics, inc. and $CBLI continue to work on things like screenings tests, and cures. Undoubtedly these biotechs will be racing to find a solution to save lives, so this could lead to some interesting investment opportunities.
Stay healthy, invest wisely
Now is a great time to begin healthier habbits, so wash your hands more frequently and use hot water with disinfecting soap. I feel like I should not have to remind the adults reading this, but please cover your face if you need to sneeze or cough. Be sure to cough into your arm and not into your hands, for this will further spread the virus if you are unfortunate enough to be carrying it. Now is the perfect time to start that diet you have been procrastinating about, for eating healthy is a great way to strengthen your immune system!
Personal protective equipment (PPE)
Things like gloves, masks, and respirators are among the items that will reduce your exposure and overall chances of catching the virus. Now this is certainly not a time to panic but it is important to be vigilant and be aware of your surroundings. If you notice someone displaying the symptoms of the Coronavirus, avoid contact with them and see to it that the right people are notified. These little things can play a major role in stopping the spread of the virus. More information and a list of symptoms here!
so what is important here is that we stay calm, stay healthy, and think about how the Coronavirus will effect the markets, and make our investment decisions with this in mind. Hopefully one of these biotechs will have a solution quickly.