Quote:
Originally Posted by Rain Man
So I've been thinking.
We're hearing about progress on vaccines. They're not here yet, but it seems like just a matter of time, right?
If that's the case, then is there a fortune to be made in all of the battered cruise, airline, hotel, and tourism stocks? It might be a year away, but if we want to catch the full upside when do we start buying? It seems like the risk is buying and then having them go bankrupt before the bounceback, but there are probably a lot of companies that aren't at risk of bankruptcy in the near term.
What do you say? Buy now? Soon? Or is it too risky to ever buy?
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With a vaccine projected to be available anywhere from December to February (Moderna is already in phase 3), I’d get around Thanksgiving at the latest.
Think we can all agree that once a vaccine is confirmed the market will go up quite a bit just based on that news alone.
There’s been a few 500+ pt days from vaccine news. I imagine confirmation will be very fun for investors.