Diamonds and Dogs
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.
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