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Showing posts from November 9, 2020

Monday - Biden's presidency effect on the market got an additional boost from effective Covid vaccine news

 The former vice-president is officially the president now (maybe not to the Donald, though). Stock future soared as expected based on this news. Oil and airline stocks are rocketing higher, however, precious metals and Zoom are under pressure due to the massive news about Pfizer Inc. reporting more than 90% effectiveness in their vaccine study. Novavax has also got FDA approval for a fast track vaccine.