Oxford Says 30 Million Vaccines Ready to Go

covid-19 vaccine

Expect a Covid-19 vaccine soon . . .

Researchers at Oxford University say they plan to have 30 million vaccines by September. They aim to have the Covid-19 vaccine ready before the second wave in the autumn.

A Covid-19 vaccine is the ultimate solution, and it’ll assure that the U.S. economy recovers in 2021.

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American biotech stocks are also rushing to develop a Covid-19 vaccine. And this week saw positive news from several promising coronavirus drugs.

  • Moderna received “fast track” approval from the FDA for its Covid-19 vaccine. Early clinical trials show that the vaccine helps people develop Covid-19 antibodies. Morgan Stanley gave the stock a $90 share price target.
  • INO Pharmaceuticals reported early and positive data from its trials. The company could begin Phase 2 and 3 trials this summer.
  • Novavax gets $384 million to fund a Phase 2 clinical trial. The company is conducting a clinical trial in Australia.

That’s just a sample of the current vaccine trials underway.

A Covid-19 vaccine will pave the way for a safer world. And it will assure that life returns to normal next year.

Some U.S. stocks are already surging over 30% —on anticipation of the cure. Yet others are still trading at a huge discount.

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The Big News . . .

50 U.S. States Now Open

Every U.S. state is now re-opening after many weeks of nearly universal shutdown. States are slowly re-opening on a restricted basis. Americans remain slow to return to normal life after six to eight  weeks of lockdown. The U.S. continues to have 700 – 1,700 deaths per day.

World Health Org Needs $1.3 Billion

The World Health Organization is facing a funding shortfall. The organization needs $1.3 billion in funding. The news comes as the world faces the biggest pandemic in a century. Meanwhile, President Trump is threatening to withhold future funding indefinitely.

Ford Stops Production After Outbreak

Ford (NYSE: F) shut down its factories in Chicago and Michigan after an outbreak of coronavirus. Two employees tested positive. The shutdown demonstrates the risks related to re-opening businesses where employees are in close proximity.

Memorial Day Travel Spending Cut by 66%

Nobody is going anywhere. Spending on travel during the Memorial Day holiday is expected to drop by 66% this year, according to the U.S. Travel Association. It’s estimated that more than 50% of travel industry workers are currently unemployed.

America’s Comeback 2020: The United States is on the verge of the biggest comeback in history. Smart investors are profiting as we emerge from the great lockdown.

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The Coronavirus Numbers

Here are the numbers from Thursday at 10:45 a.m. ET:

  • 5,126,535 Infected worldwide
  • 330,845 Deaths
  • 1,596,838 Infected in the U.S.
  • 95,058 Deaths in the U.S.

What’s Next

Stocks were mixed on Thursday morning.

The Dow was trading in positive territory, with the S&P 500 and NASDAQ trading lower by approximately 0.5%.

Another 2.4 million jobless claims weighed on stocks this morning. The pace of jobless claims is slowing from previous weeks. There are now 25.1 million continuing jobless claims.

Despite the weak economy . . .

The stock market is bouncing back. And that’s because the stock market anticipates what will happen NEXT.

America’s Great Comeback of 2020 is underway.

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Yours in Health & Wealth,

Ian Wyatt

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