Diamonds and Dogs

9/25/20

Novavax (NVAX) enters phase 3 for their Covid-19 vaccine. Novavax is jumping 10% as they will test up to 10,000 volunteers in the United Kingdom over the next four to six weeks. Novavax expects to scale up its manufacturing capacity once approved to 2 billion annualized doses by as soon as mid-2021.

Profit-taking in Costco (COST). The box retailer is down 2% following strong earnings. Company comps sales rose 14%. About the only negative was higher costs due to premium wages and sanitation costs. The stock made an all-time high at the start of the month

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.