By Bryan Bottarelli As I’m sure you know, the race for a vaccine is on… with each second the markets are open. The direction of the market depends on whether the vaccine news flow is positive or negative.
You saw that positive impact on Monday, when the Dow soared 1,000 points on the promise of Moderna’s (Nasdaq: MRNA) vaccine.
You also saw the negative impact yesterday afternoon, when doubt was planted about the true validity of Moderna’s vaccine effectiveness – and the markets got hit with a sharp and sudden reversal.
Clearly, the direction of the markets now hinges on the vaccine news – which is …read more