Dow Futures Up 1500 Points On Pfizer Vaccine Efficacy

monkeyc said:
It's the Covid trade being unwound. Zoom, Docusign, Netflix down. Airlines, cruise ships, energy, department stores up.
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Yup rotation out of high high-flyers, for the moment, into others areas.

Then get back into them after a correction of some sort.

+ + +

Actually NQ is already bouncing just now.
 
El Trado said:
Maybe Pfizer's management doesn't like Trump, and postponed the announcement a few days?
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They sure did. Phase III results were expected 3rd week of Oct. Trump was trying to stir up too much competition in the industry.
 
Pfizer’s results were based on the first interim efficacy analysis conducted by an external and independent Data Monitoring Committee from the phase three clinical study. The independent group of experts oversees U.S. clinical trials to ensure the safety of participants.
 
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