In mass. The speed record is four years for mumps. Moderna uses Artificial Intelligence by the way, fueled by Amazon Web Services to speed up the Drug Delivery and discovery process their covid vaccines are already going to phase two trials, shooting for phase three this summer thats incredible. Thats much fafster than anyone believed a long time ago that would change everything how many ifs . Mighty big ifs, too the rally gives us a glimpse of what the future may look like if moderna works with the dow up 211 points [ moo s p climbing 1. 1 and the nasdaq 1. 4 hallelujah. At least thats the Glass Half Full version of what happened today the world view says you have to ignore tomorrows hideous nonfarm payroll number at 8 30 because thats in the rearview if theres a vaccine around the corner, you have to believe the economys bottom and fuchl is much brighter than the past. Were buoyed by companies that said april and the beginning of may have been surprisingly strong lyft, uber, pay pal
Stocks of companies with obviously great fundamentals but a Battle Ground with fire. And madness. Count me out too much effort. Sometimes though you have to take a stand and in a market like this one where the bullish animal spirits can bowl anybody over. Including today the dow inched up 30 points s p advanced and then some battlegrounds, even for me, too tempting to ignore thats why i have been taking a stand with tesla i might have gone back and forth, two of the biggest hornets nests of our time what separates the tesla a battleground stock that i feel compelled to champion from the netflix which i lost conviction in championing it for years at lower levels okay, all my career i have been fascinated by companies with vociferous bulls and ferocious bears if only because theyre so entertainling. Three things distinguished the stocks from regular run of the mill equities. First, theyre cult like the house of pleasure. People buy them because they love the product and the product trans
Plants. Well get the latest. And the iae saying the israelhamas war has oil markets on tenter hooks. The general take means the fed may look past this one. Well, look, theyre struggling on shelter very much because its rent. They took the housing out in the early 80s, and theres just not enough places built. We had some numbers this morning, i was watching on frank hollands show. Its 1 down in new york. Thats not thats not going to cut it. Jay powell wants to see housing rolled back a little bit more. Its up 40 . Rental, you need more apartments built. I think that he wants to see more good numbers in a row, and i cant say this is a good number. People were hoping for a 0. 1 and you do have 0. 1 if you take core exshelter, and people are looking at some of the new rent data and that will eventually get folded into these monthly numbers. And i think energy. But i just think that what happens is that you hope that other things make it down and make up for it, and you dont. Look, rent it
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