It defies logic considering how bad the economy is, but the market is spiking up. CNN's Fear and Greed indicator is the highest I've seen. Extreme greed.
All of the indicators are currently green. COVID vaccine news continues as more options came out this week. Five are in Phase 3 trials.
As of November 24, 2020, large-scale (Phase 3) clinical trials are in progress or being planned for five COVID-19 vaccines in the United States:
- AstraZeneca’s COVID-19 vaccine
- Janssen’s COVID-19 vaccine
- Moderna’s COVID-19 vaccine
- Novavax’s COVID-19 vaccine
- Pfizer’s COVID-19 vaccine
The market seems a little frosty to me. Gold broke below it's 30 week moving average. Tread lightly.
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