Diamonds and Dogs

11/26/21

The new Covid variant in South Africa is hitting the markets and lifting the COVID-19 vaccine stocks. Pfizer (PFE) is up 6% to new highs, Moderna (MRNA) is up 22% while BioNTech (BNTX) is up 18%. The European Union is getting closer to approving the vaccine for children ages 5-11.

Travel put on hold once again. The new delta variant of the COVID-19 virus is hitting the travel and leisure stocks once again. The cruise lines like Royal Caribbean (RCL) is down 11%. The casino stocks like Wynn Resorts (WYNN) is down 8%. Travel booking stocks like Expedia (EXPE) is down 11%. The price of oil is down 8% dragging all the oil stocks with it. The Black Friday sale is on Wall Street this year. 

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.