Global stock markets are higher this morning after a second COVID-19 vaccine showed promising results, even as new cases continue to surge around the globe.
Moderna Inc (Nasdaq: MRNA), an American biotechnology company that focuses on drug development, said its coronavirus vaccine seems to be 94.5% effective. But like Pfizer Inc. (NYSE: PFE) stated last week, the drug is still in its preliminary stages.
That means we have a long way to go, folks…
In today’s video, I’ll also explain which major index is leading the stock market… the biggest economic data driving stocks right now… which sector is lagging behind the most… and one weak stock showing a bearish descending triangle pattern.
P.S. 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.