"Taking no chances" Investors abandon travel stocks and seek safe havens as new, highly-mutated COVID variant spooks markets. Stocks tumbled and investors flocked to safe havens on Friday as fear spread about a new COVID-19 variant from South Africa. The strain may be more transmissible and more resistant to vaccines than previous versions because of its unusually high number of mutations.
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The downward moves came after World Health Organization officials on Thursday warned of a new Covid-19 variant that’s been detected in South Africa. The new variant contains more mutations to the spike protein, the component of the virus that binds to cells, than the highly contagious delta variant. Because of these mutations, scientists fear it could have increased resistance to vaccines, though WHO said further investigation is needed. On Friday, the WHO deemed the new strain a variant of concern and named it omicron.
The United Kingdom temporarily suspended flights from six African countries due to the variant. Israel barred travel to several nations after reporting one case in a traveler. Two cases were identified in Hong Kong. Belgium also confirmed a case.
“When I read that there’s one [case] in Belgium and one in Botswana, we’re going to wake up next week and find one in this country. And I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen, and I can’t be sure that it won’t,” CNBC’s Jim Cramer said.
Boeing, airline stocks tumble as new Covid variant spurs travel curbs
The U.K. said it would suspend flights from South Africa and surrounding countries because of the new variant.
European Union member nations on Friday agreed to suspend travel from the region.
Airlines and aircraft manufacturers like Boeing have been upbeat about a rebound in travel demand, particularly after the U.S. lifted entry restrictions earlier this month.

Hey: what's going on team, it's ricky with tech, but solutions kind of an early video for some of you uh we're still going to be doing our sunday stock talk. I just wanted to make sure that i spoke about this um. You guys now know that. I, like kind of just like making you aware of certain issues um - and this is something that has happened before ever since covid - there's been some variance right and i'm sure a lot of you guys probably are much more well informed about this variant.

You guys can share your opinions down in the comment section, but all i know is that any time any form of a variant is released right and announced on top of that when there's flight restrictions and travel restrictions, the market as in the stock market reacts, and I thought that that would be my job to simply talk about what stocks to maybe pay attention to that are currently selling off either to stay away from, or if you view this to be a long-term investments, and you want to get them for a better deal. Then you can view it as that way as well. So i really hope that you learned something new in this video. If you guys do, please consider dropping a thumbs up and, of course, subscribing to the youtube channel.

So there's this new variant that supposedly originated from south africa, the delta variant was, i think it had two different uh type of variants right or i don't really understand how that necessarily works, as in like two different strands, that was the one that was announced. A couple months ago right, this was after coven, this new type of uh is it the omicron variant is 15 times more of the previous one, so 30 times more of the original one, meaning that it can have 30 different ways on how it can infect people Or something like that, i'm not too sure all i know is that it is initiating a lot of travel restrictions from different countries and guess what demand drops when we implement these travel restrictions? Well, let's talk about it again. This is just for awareness and you guys can again uh do as you please with this information. So i have this airline watch list where i added the airlines that i like to pay attention to to this watch list.

American airlines is one of them and we've already seen on friday, when this news began to come out that it already dropped eight percent. This is where american airlines was trading at and then we saw this huge drop right. The reason i like talking about this is first off. We don't want to catch a falling knife, meaning that american airlines and many other airlines right now are dropping.

It doesn't mean that we have to buy the dip right now. We can allow them to drop, let them bleed right, let them fall, but when it finds a support, then that's where the true opportunity presents itself, which is the whole reason behind this video it's to be aware and then to be prepared so from where we're at Right now, if it were to make a recovery to previous resistance level right around 22, a share which is a pretty common resistance - that's 24 roi - and this is why i'm talking about it - southwest airline ticker, symbol luv, is down four percent on friday and we'll see How it opens on monday save, which is spirit airlines for all of our people, that you know like to travel with budget airlines, i'm one of them right, eight percent drop. On friday, we got boeing airlines, which is one of the largest manufacturers right for the airline industry, dropped 5.4. On friday.
We got jets for all of our traders that, like to focus on etfs jets, is an etf that follows the airline industry and sector and again from where we're at as of right. Now, if we were to make a recovery to the previous resistance level right right around 25, a share - that's going to be a little bit over 21 roi and alaska airline, and this is just my list. If you have an airline that is publicly traded. Please look into it but from where we're at right now to previous resistance levels.

21. You can see on average, except for boeing airlines on average. These offer 20 roi just from current price points, that's not to say that if they continue to drop that they could potentially offer more again, it's not just about buying the dip blindly, but knowing when to buy the dip so allowing it to bleed allowing it to Identify a support because who hates buying a stock too early, and it continues to drop it's one of the worst feelings. So i'm here to remind you that approach it at ease, understand that you have time set effective alerts.

Add these stocks to your watch list? If you see value in them and if you see long-term recovery potential, if you don't, then again just take it as a grain of salt, the next ones that i wanted to talk about is what other industry right ask yourself, these questions, and i'm just going to Be talking about two industries right now, but comment down below what industries get affected when new travel restrictions get implemented right. These are the questions that i like to ask myself and we've seen it time after time, cruise lines cruise lines more than anything right, because airlines are one thing right: those are almost essential to people that need to travel cruise lines are more of you know not Necessarily a necessity uh, but it's more of like you know, people take these as vacations right. It's for enjoyment, it's for pleasure, so from where we're at right. Now, if it were to recover this offers a 45 ri based off of that 30 resistance, and this thing dropped 11 alone.

On friday, we got royal caribbean again. Look at this huge drop all the way down to 68, just when cruise lines were about to fully get back to business right. This restriction comes back into play right from 95 from where we're at right now, 40 roi carnival cruise line right, one of the biggest cruise line, industries, um or companies out there so from where we're at right. Now, if we were to make a recovery to previous resistance levels, which is just at 25 - that's about 37 roi, you can see the difference airlines about a 20 on average roi if it recovers to previous highs.
Cruise lines are double that right. You also have to understand cruise lines are not as essential, they don't experience the same type of demand and they might take longer to recover so make sure you take that into consideration. I just wanted to do my part in making you aware of how the market is reacting to this, and on top of that this, this is what really is affecting these specific industries and sectors. Please comment down below what other industries are already being affected by these travel restrictions.

We're already seeing, if you guys, pay attention on the nasdaq index, we're already seeing the nasdaq market beginning to trade below the ema line, and as long as more restrictions are being set in place this this will only restrict you know business even more right, even that Much more so we can expect a further drop so just be prepared. It doesn't mean that you have to get scared. It doesn't mean that, like, oh, my god, the market's going to crash it's not about that pullbacks corrections, they're healthy right, embrace them, but uh, but approach them and prepare for them at ease right. You don't have to sell all of your shares.

You don't have to like be super scared and not be invested in anything just be selective, understand what is going on, make sense of it and take calculated risk. That's what it's all about, so i'm super excited to follow up uh, i'm very happy to be back in arizona. I hope that you guys all had an amazing thanksgiving weekend. I hope that your tummies are full uh and ready for this upcoming trading week.

So i'm excited to finally be trading live here in arizona once again, with our learn plan, profit, 2.0, team, uh and friendly reminder, we are still running one of our biggest sales ever and it's the first link in the description. It's a hundred dollars off the learn plan. Profit 2.0 lesson library. So, if you want to watch me, trade live.

It's literally. The only group that i work with on a closer basis and it's the first link first link down below and it's a hundred dollars off right now, so i really do appreciate you guys this time i'll see you learn, plan profit members tomorrow at market open for Our live trading session and, like always, let's make sure that we in the year are green now, take it easy team.

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9 thoughts on “10 stocks just crashed because of new covid variant”
  1. Avataaar/Circle Created with python_avatars V Tep says:

    What industries will go up because of the new variant?

  2. Avataaar/Circle Created with python_avatars Teo Life says:

    people really still care about covid 😂🤦🏼‍♂️😂😂😂🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️😂🤦🏼‍♂️

  3. Avataaar/Circle Created with python_avatars Risen Temple Outreach says:

    Just got lpp 2.0 ! Love you Ricky! We are going to grow together

  4. Avataaar/Circle Created with python_avatars John Doe says:

    I feel like I'm a loser in every aspect of life. Nothing I do is successful. Down 13k.

  5. Avataaar/Circle Created with python_avatars TAPP Channel says:

    Who else got hit on friday? Ivy lost 33% of my portfolio on premarket :/ I have to rethink keeping my money in stocks over night when I have no control on it :/

  6. Avataaar/Circle Created with python_avatars A&A Productions says:

    fire

  7. Avataaar/Circle Created with python_avatars totljag1 says:

    First

  8. Avataaar/Circle Created with python_avatars Ray Wallace says:

    👀

  9. Avataaar/Circle Created with python_avatars eurobabe says:

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