
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.