Expect more market volatility ahead!
Although both $Merck & Co (MRK.US)$ and $Pfizer (PFE.US)$ have come out with covid medicine such as the covid pills to treat covid, the covid virus may not disappear like in the case of the deadly smallpox virus.
This is because the current covid vaccines and covid medicine that we have, only at most reduce death rate and decrease hospitalization rate.
It is not the same as the smallpox vaccine, which is the first true vaccine to be developed, and offer immunity against the smallpox virus in a single jab.
Keeping this in mind, this would mean that other vaccine or medicine producer does have opportunities to win the race if they are able to come out the one covid vaccine jab or covid medicine that is able eradicate the covid virus.
Before we end this discussion, let's have a vote if you feel that there will be more market volatility ahead before 2021 end.
Thank you for your support. ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
kat kukuuu : moderna!What do you think of this stock
Mars Mooo OP kat kukuuu :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
hmm ... for the time being, expect $Moderna (MRNA.US)$ stock price to fall as its competitors have come out with covid medicine (the covid pill), but, it still have opportunities to go to the moon if it can come out with that one single jab of true vaccine that can eradicate the virus, or a 'covid health drink' that can remove the virus in the body if infected. ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
(Notice that the key point is to remove and eradicate the virus. It is not to manage the symptoms or to decrease the death & hospitalization rate as we know that as long as the virus is still here, it can still infect anyone regardless if vaccinated or not, and there are chances that the virus can mutate into a stronger version, or to overcome existing vaccine.). Conclusion: trade covid concept stocks with extra precautions.