Diamonds and Dogs
The Boeing 737 Max (BA) is flying once again. Boeing is up 2% as their commercial service in the U.S began once again today as American Airlines flight 718 took off from Miami for New York's LaGuardia Airport at 10:24 am this morning. This ends a 20-month grounding of the 737 Max.
One COVID-19 vaccine doesn't seem to work. Biotech, Arcturus Therapeutics (ARCT) is down 54% after their Phase 1/2 trial of its COVID-19 vaccine candidate produced that neutralizing antibodies after one dose although at lower levels than rival vaccine candidates. The concern is the vaccine is unlikely to confer any meaningful antiviral protection verse rivals like Pfizer and Moderna that provide over 90% effectiveness. One analyst downgraded the stock calling the results underwhelming.
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.