Dow Futures Up 1500 Points On Pfizer Vaccine Efficacy

Discussion in 'Trading' started by vanzandt, Nov 9, 2020.

  1. SunTrader

    SunTrader

    Funny over all the decades I never heard much of who Orangeman gave to - other than blah blah blah both parties.

    Me thinks because he didn't give much to speak of. Short arms, long pockets.
     
    #21     Nov 9, 2020
  2. ET180

    ET180

    I found that very curious as well. It comes out less than a week after the election. Trump did say, I think during the final debate that a vaccine was coming in just a few weeks. He did not name the company when asked, but looks like he might have been honest about what he knew. I thought he was being overly optimistic at the time. The problem was that he has made bold statements in the past such as having Mexico pay for the wall or China pay for the tariffs or thing will be better by Easter...
     
    #22     Nov 9, 2020
  3. SunTrader

    SunTrader

    Trials have completed. I don't think many said that wouldn't happen anytime soon.

    Still vaccine is 6 months away at best. Needs FDA approval. And then manufacturing ramp-up to yuuuge effective correct dosage quantities.
     
    #23     Nov 9, 2020

    • Could you give more info?
    • I assume it has something to do with historically low interest rates - except for the credit card companies.
     
    #24     Nov 9, 2020
  4. bone

    bone

    Joe Biden sponsored the 2005 legislation to make bankruptcy much harder for credit cards and impossible for student loans (even with medical circumstances).

    He was also a key player in 1994 and 1999 legislation friendly to high interest consumer banks.

    Here are left leaning progressive news outlets on Joe’s subservience to high interest consumer loan banks and credit card companies - and treachery for the working class:

    https://www.google.com/amp/s/www.gq.com/story/joe-biden-bankruptcy-bill/amp

    https://www.motherjones.com/politics/2019/11/biden-bankruptcy-president/



     
    Last edited: Nov 9, 2020
    #25     Nov 9, 2020
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  5. SunTrader

    SunTrader

    Ahem

    Pence breaks silence to take credit for Pfizer vaccine - and drugs company immediately denies Trump involved
    Pfizer has clarified that the US government was not involved in their development of a Covid-19 vaccine

    https://www.independent.co.uk/news/...mike-pence-covid-vaacine-pfizer-b1719698.html

    .......

    Dr Kathrin Jansen, Pfizer’s head of vaccine development, told the New York Times: “We were never part of the Warp Speed ... We have never taken any money from the US government, or from anyone.”

    ........

    "Ms Jansen said she learned of the results from the outside panel of experts shortly after 1pm on Sunday, and that the timing was not influenced by the election."
     
    #26     Nov 9, 2020
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  6. KCalhoun

    KCalhoun

    Interesting re weak market close and lack of pfe breakout late day. Open 41.8 closed 39 tho 40 now ah
     
    #27     Nov 9, 2020
  7. TimMykes

    TimMykes

    guarantee they delayed the news until after the robbery (aka the election) aka the erection
     
    #28     Nov 9, 2020
  8. maxinger

    maxinger

    Dow Futures Up 1500 Points On Pfizer Vaccine Efficacy.
    Then
    Dow Futures Down 950 Points.
     
    #29     Nov 9, 2020
    KCalhoun likes this.
  9. SunTrader

    SunTrader

    Even bigger percentage-wise I believe Russell 2000 up 166.90 pts, then back down 116.90 pts
     
    #30     Nov 9, 2020