SP500 3750 - Market Surges On Vaccine Hopes
by Lance Roberts, Clarity Financial
In Mid-August, I posited a potential bullish run on the S&P index to 3750. For that to occur from the levels we discussed then, several things would have to happen. One of those was a “vaccine.” Yesterday, the market surged higher on news the Pfizer was close to delivering a COVID-19 vaccine. Such sent investors scrambling on hopes that a vaccine will set the course for continued economic recovery.
Source: http://econintersect.com/pages/investing/investing.php?post=202011102352
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