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Started By
Message
Dow now red today as investors read, automatically believe a horribly misleading headline
Posted on 12/3/20 at 2:59 pm
Posted on 12/3/20 at 2:59 pm
quote:
Joe Weisenthal
@TheStalwart
Stocks diving on this headline
*PFIZER CUT VACCINE ROLLOUT TARGET ON SUPPLY-CHAIN OBSTACLES: DJ
but.....the headline is misleading as hell, and people starting to pick up on it
quote:
Alicia Smith
@Alicia_Smith19
I’m reading the article from WSJ and nothing in the article seems particularly new?
Says original plan was to ship 100m by the end of the year and now expects to ship 50m doses...which we already knew....
LINK
pfizer did not just recently cut vaccine target. this happened months ago, and we have known for weeks that 50m doses by end of december was the expected output.
Posted on 12/3/20 at 3:27 pm to HailHailtoMichigan!
I am starting to wonder if the best case vaccine scenario is already priced into the markets. Say if everything goes well and things start returning to normal, how much more room is there to run?
Posted on 12/3/20 at 3:34 pm to SloaneRanger
quote:
I am starting to wonder if the best case vaccine scenario is already priced into the markets.
Not only am I wondering this, I believe I'm leaning in favor of this conclusion.
Posted on 12/3/20 at 3:54 pm to HailHailtoMichigan!
Knee jerk reactions as always. Buy and hold my friends too much noise to trade
Posted on 12/3/20 at 4:29 pm to Ace Midnight
quote:
Not only am I wondering this, I believe I'm leaning in favor of this conclusion.
It's pretty much what one of the guests on Making Money said yesterday.
Posted on 12/3/20 at 5:48 pm to UltimaParadox
quote:
Knee jerk reactions as always.
I’ve heard it said that every action in the market is an overreaction. It seems to generally hold true.
Posted on 12/4/20 at 11:19 am to HailHailtoMichigan!
Fooled by randomness. "Investors this" or "investors that" are rarely true. They're just a derivative of the initial clickbait headline into another clickbait headline. Mostly noise, nary a signal.
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