Drive-by Posting Because Markets Are All Rigged to Vaccine Algos

Another Monday, another vaccine announcement, making it three weeks in a row that the COVID crisis has managed to goose stocks higher.

This week it was Astra-Zeneca announcing a COVID vaccine that is supposedly 74% effective against a virus that is 97% infectious. Amazingly, most humans are about as good at math as most farm animals.

No comment on the coming of president Biden and the reincarnation of the Obama administration.

We prepare for the worst.

Sorry for the brevity of this post, but there's no need to waste time figuring out what to do in this market. Buy the dips, buy the rises. Everything is wonderful.

At the Close, Monday, November 23, 2020:
Dow: 29,591.27, +327.79 (+1.12%)
NASDAQ: 11,880.63, +25.66 (+0.22%)
S&P 500: 3,577.59, +20.05 (+0.56%)
NYSE: 13,998.24, +171.24 (+1.24%)