It’s over bears. The good folks at Pfizer revealed today a pill that prevents hospitalization and death by 89%. This isn’t a blood clotting vaccine or something with evil intent injected into your bloodstream — but something akin to horse paste that works to lessen the effectiveness the COVID virus can have on your body.
On this news and other news, I covered my TZA hedge and sold anything I had in my trading that was down and replaced it with reopening stocks. I know we’re already open, but what I mean is customer facing companies whose stocks might benefit from a post COVID euphoria.
Get ready to party and cough into each other’s faces like it’s 2018 lads, for we have beaten COVID and can now thank Pfizer for it.
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Which stocks to play on the short side?
None
BTU. Should fall 50% by Jan.
Wait people still cared about COVID?
Having a most relaxing day amid the madness. Cashed in on a TZA trade, bought more BTU puts on its little rally, and reposition in BABA which is trading at the insanely low price of 150 bucks.
I smell money.
‘Scuse me, lod 158.