๐Ÿ”ท Rev. Raphael Warnock has become the first Democrat to win a Georgia Senate race in 20 years

The politician spoke to voters via MSNBC this morning

https://t.co/T9oJN2fjmo
Warnock is a pastor at the Ebenezer Baptist Church in Atlanta where civil rights leader Martin Luther King once preached.

He will become Georgia's first Black senator
This blue victory gives the Democrats the chance to regain control of the Senate for at least the first two years of the Biden presidency
"With Biden proposing to reverse President Donald Trump's tax cut, increase the minimum wage, and strengthen oversight on various industries, some might argue that his agenda is not particularly market-friendly," says Vasu Menon, investment strategy director at OCBC Bank
The race for U.S. Senate in Georgia between incumbent GOP Sen. David Perdue and Democratic challenger Jon Ossoff is too early to call.

As of 7:40 am GMT Wednesday, Ossoff had a lead of 9,527 votes out of nearly 4.4 million counted, or a margin of less than 0.2%
The races will determine which party controls the U.S. Senate. Democrats must win both seats to take power, while Republicans only need one to keep Mitch McConnell as majority leader
Who do you think will take control of the Senate? ๐Ÿ‡บ๐Ÿ‡ธ
Election night in pictures ๐Ÿ“ธ
Donald Trump has taken to Twitter to continue his attempts to pressure his VP Mike Pence to decertify results from some states, which would deny victory to Joe Biden

https://t.co/T9oJN2fjmo
In the latest batch of counted votes, Democrat Jon Ossoff has extended his lead over Republican David Perdue to 12,806 votes
Stacey Abrams, a former Representative in the Georgia House, has congratulated Rev Warnock on his Senate victory.

Ms Abrams, a key figure in the Democratic party, was credited with significantly increasing Democratic turnout in Georgia in the 2020 Presidential election
President Trump has spent the morning calling fraud in the run-off elections in Georgia, where Democrats have already won one race and are closing in on winning a second
The Senate race: in numbers

https://t.co/T9oJN2fjmo

More from Government

Which metric is a better predictor of the severity of the fall surge in US states?

1) Margin of Democrat victory in Nov 2020 election
or
2) % infected through Sep 1, 2020

Can you guess which plot is which?


The left plot is based on the % infected through Sep 1, 2020. You can see that there is very little correlation with the % infected since Sep 1.

However, there is a *strong* correlation when using the margin of Biden's victory (right).

Infections % from
https://t.co/WcXlfxv3Ah.


This is the strongest single variable I've seen in being able to explain the severity of this most recent wave in each state.

Not past infections / existing immunity, population density, racial makeup, latitude / weather / humidity, etc.

But political lean.

One can argue that states that lean Democrat are more likely to implement restrictions/mandates.

This is valid, so we test this by using the Government Stringency Index made by @UniofOxford.

We also see a correlation, but it's weaker (R^2=0.36 vs 0.50).

https://t.co/BxBBKwW6ta


To avoid look-ahead bias/confounding variables, here is the same analysis but using 2016 margin of victory as the predictor. Similar results.

This basically says that 2016 election results is a better predictor of the severity of the fall wave than intervention levels in 2020!

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Simple and effective way 2 make Money


Idea 1:- Use pivot level like 14800 in case of nifty and sell 14800straddle monthly expiry (365+335) exit if nifty closes on daily basis below S1 or above R1

After closing below S1 if it closes above S1 next day or any day enter the same position again vice versa for R1

Idea2:- Use R1 and S1 corresponding strikes multiple
Incase of R1 15337 take 15300ce
N in case of S1 14221 use 14200pe
Sell both and hold till expiry or exit if nifty closes below S1 or above R1 around closing
If the same bounces above S1 and falls below R1 re-enfer same strikes

Use same criteria for nifty, usdinr and banknifty

(This is must)Use this margin rule for 1lot banknifty pair keep 4Lax margin
For nifty one lot keep 3Lax
For usdinr 100lots keep 4Lax

I bet you if you do this on consistent basis your ROI will be more than 70% on yearly basis.

Couldn't explain easier than this

Criticisms are most welcomed.