December 8, 2021

GOOD NEWS FROM PFIZER, WATCH SEMICONDUCTORS FOR MARKET DIRECTION

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Good News

Please click here for a chart of semiconductor ETF (SMH).

Note the following:

  • There is good news from Pfizer this morning. Three doses of the vaccine neutralize omicron in laboratory tests.
    • It is not known if this positive data from the lab will hold up in real life.
    • There are many cases of people with three doses being infected with omicron.
    • To understand the market behavior, investors should pay attention to the market reaction to the news.
      • Yesterday near the close, news came from South Africa that there was a 41 fold drop in the antibodys’ capacity to neutralize omicron compared with the original virus. 
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