Categories
Daily Update

Daily Update – 11/9 Vaccine Headline

COVID-19 vaccines from Pfizer

News Wrap:

  • What’s Next? Look for safety and manufacturing headlines to hit within 2 weeks. “Pfizer and BioNTech are continuing to accumulate safety data and currently estimate that a median of two months of safety data following the second (and final) dose of the vaccine candidate – the amount of safety data specified by the FDA in its guidance for potential Emergency Use Authorization – will be available by the third week of November”
  • How many people will be vaccinated? Pfizer expects 50 million vaccine doses by the end of the year to be produced. These will most likely be given to healthcare workers and high risk individuals and seniors at first. They expect 1.3 billion doses in 2021.
  • DOW and S&P up big pre-market. Nasdaq up slightly, signifying rotation into beaten down cyclical stocks vs tech which has rallied significantly this year. Expect big moves today.

Tweets and Charts I like:

Remember when oil was within striking distance of $100 a barrel and rates weren’t 0%? It was only two years ago.
Our friends in Japan may finally break out of their main index’s 20 year trading range. Still they would need another 56.6% increase (from levels this morning after the vaccine news was released) to hit the heights achieved in 1989.
Trump should’ve hired Quantian as senior advisor instead of Jared.

What I’m looking for:

Biden released his Coronavirus task force this morning too amid the vaccine headlines. Former surgeon general Dr. Vivek Murthy and former Food and Drug Administration commissioner David Kessler will lead the task force. Yale University professor Dr. Marcella Nunez-Smith will also help guide the group. I look forward to learning more about these individuals and their guidance on how to handle the pandemic from now until a vaccine is widely distributed.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s