As the national thermal temperature begins to cool down, the national political temperature is heating up. In fact heading to a near boil! As citizens hold out for coronavirus vaccine updates, the Trump administration continues to fight the 2020 presidential election results, pushing for more and more lawsuits to regain political control. In the meantime, the Biden team has begun the process of weeding through potential cabinet candidates.
Yes, we are definitely a country at odds right now with both teams claiming victory and the country not knowing what (or who) to trust… Add the coronavirus to the mix and we’ve got quite a mess on our hands!
But believe it or not, not all the news has been bad and I have a coronavirus vaccine update for you — our vaccine prayers may have just been answered!
Coronavirus Vaccine Updates
The Trump administration issued praise to biotech company Moderna Inc (Nasdaq: MRNA) Monday morning in regard to its recent coronavirus vaccine updates.
This is after Moderna announced that its vaccine appears to be 94.5% effective. The ongoing study is still based on preliminary data, but U.S. sentiment appears high as this is the second major vaccine breakthrough.
This news follows last week’s Pfizer Inc. (NYSE: PFE) vaccine update that stated its coronavirus vaccine appeared to be 90% effective.
Both companies are now seeking permission to take the next important steps within the coming weeks.
Who Gets Credit?
If you keep up with my postings, you’ll know that I recently discussed my thoughts on who should get credit for any vaccine that should happen to be released within the first few months of 2021.
Now, it should be said that “who gets credit” is the last thing people should be worried about during a national and global crisis. That being said, I’m sure I don’t have to explain politics to you and the fact that, yes, the vaccine has been politicized and will continue to be for the foreseeable future! Politicians know how to point their fingers and blame others better than anyone I can think of.
Today, I sit down with Midas Letter founder James West and a group of fellow market professionals to discuss what the Moderna and Pfizer coronavirus vaccine updates could mean for our market.
Wall Street has gone completely off the rails…
Their multi-billion dollar algorithms are on the loose… controlling the majority of the stock market and triggering massive STORM stock explosions.
I’m talking about 458% on Regeneron Pharmaceuticals Inc (Nasdaq: REGN) in 77 days… 743% on Intuit Inc. (Nasdaq: INTU) in 35 days… and even 606% on Seagate Technology PLC (Nasdaq: STX) in 101 days.
I’m ready to reveal my top secret discovery, and how it could earn you 30 times the S&P every single year on average.