VACCINE IS GOOD FOR EVERYBODY BUT NOT FOR YOUR FAVORITE STOCKS $INO $PFE $NVAX $NIO $MRNA $AZN $TSLA $AMZN $DIA $DJIA $FSLY $PTON $ZM $DOCU $MSFT $GOOG $NFLX
We all want a safe and effective vaccine for the coronavirus. Certainly one or more effective vaccines will be good for the economy.
However, the stock market is detached from the economy. So here is the key question for investors: “How will the stock market react to the news of vaccines, not immediately but over a period of time?”
Let’s examine with the help of a chart.
Chart
Please click here for a chart of the Dow Jones Industrial Average ETF DIA, which tracks the Dow Jones Industrial Average DJIA.
Note the following:
• The top pane of the chart shows the Dow Jones Industrial Average’s reversal.
July 20, 2020