On Omicron, the absurd sell-off trigger
-Moderna's CEO has been irresponsible, stating that vaccines won't work based on his predictions, rather than actual data.
-Variants emerging as a result of mutations still have the same fundamental identity (Covid-19), the same we've been dealing with since late 2019.
-Covid-19 has already been characterized. If we can actually benefit from an improved vaccine, it will be developed relatively fast.
-Something to keep in mind: This comes at a time when people start getting vaccinated again, just like getting an annual flu shot; efficacy drops throughout the year and new versions of existing vaccines are developed every year. That's how companies keep money flowing too; it's part of the business.
-A lot of people took unnecesarry losses today. Always avoid trading out of fear; it can greatly impact decision making.
-On the bright side, this sell-off left excellent buying opportunities throughout the whole market.
What are you guys buying?
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Jacinthen : Picked up more SOFI, SNAP, and PLTR today.