Market Talk
The Title says it all man. Today, American Airline execs visited the White House. They warned of big airline furloughs coming on October 1, without further relief, grants or more ppp, and closing down operations at smaller airports. Next, they are visiting Nancy Pelosi. (Good luck with that! ). The Dems want it all or nothing. Further, it seems the Dems prefer as much misery in the America as possible so people think - hey things are bad and vote for them! (bad move, imo). I have coined a term for market watch - " The Biden Effect". - and it's not a good thing for the overall market.
President Trump had a nice day with peace treaty's between Bahrain and Israel. That was a great thing. However, the real base of turmoil in the Middle east remains to be - Iran's leaders. Here is my latest view on the coming election that I beleive will bear influence on the market. Trump Can not win without the women's vote. And unfortunately, he is behind in the polls with women. His law and order stance without giving due credence to the notion that Policing techniques need improvement. Here is an observation. many people black and white are scared and/or angry. By Trump's insistence to keep saying "law and order" he is missing the point of dealing with the strife in people's hearts. And when you mess with hearts, you are messing with a women's wrath. And they will vote for a Trojan horse called "good ol' Joe" and thus allow socialism and then Marxist views with no borders on America. In short, I think at this point Biden is sadly leading over Trump. And also, if they take Biden for granted in the debates? big mistake.
Yesterday, the Snowflake IPO was a big hit on speculation. However the clamor to get in Snowflake by the big players took some steam out of the other stocks like tech stocks. My plan is to try to find opportunity in what I see as possibly under- recognized situations, but stay with a a powder dry mode awhile. So my take should be viewed with cautious optimism but not going overboard or "betting" the farm on any particular stock.
Stock Talk
In a powder dry mode. That said, I do like the story and game plans on Inovio and Vaxart. But "story stocks" have to play out the story and carry through. Time and events and the old "something always happens" line can come into play along with the line - "OBE" or - overtaken by events.
Here are a few links on Vaxart (VXRT) and Inovio (INO).
Vaxart is taking an oral vaccine to a FDA Phase 1 clinical trial that will pass through the stomach and dissolve in the intestinal tract. Will it be in time? Covid 19 will likely be with us a long time in my view.
The recent Inovio Conference call points to this company eventually becoming " a disrupt-er" in Big Pharma and the space of future cancer treatments using their DNA compounds to train the immune system to target and destroy pathogens such as Covid 19 and Cancers. That is BIG and why I am cautiously optimistic on INO stock and holding some.
If you look at the above there is a key word to take note of - eventually. I'm in some of the above , but waiting for eventually to happen.
"someday" - said the blind man we will see!
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ALL in my humble opinion, scroll down and read more..
This site does NOT make Buy / Sell recommendations.
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