TWO Vaccine stocks: MRNA and INO, and a Test Stock, CODX

Market Talk:

Today, the overall market jumped on the news that Moderna Inc, MRNA, Phase 1 results resulted in antibodies in test participants against  Covid 19 .  This is huge news because it is the first vaccine out of several companies that actually produced antibodies in humans equal to antibodies found in those surviving Corona virus. Meanwhile , The Fed is warning about risk of the stock market. Yes, its a risky business my friends!

The following talk is on a few stocks I find interesting . I find them interesting from both a scientific and stock potential view.    I won't even try to advise on stock direction as there are so many uncertainties and both Bull and Bear forces in the market and especially the biotech arena. I do kind of like the following Stocks in the present  moment.  However venture in or out or abstain at your own doing.  That all being said, all I am saying is that these are interesting STOCKS TO WATCH.

Stock Talk:

 Here are a few Corona based issues that bear watching :

MRNA :  Moderna, Inc:

It seems that both the near term and the long term outlook or this position is looking favorable.  The viewpoint that MRNA can quickly produce vaccines based on the genetic coding of a pathogen has positive implications to future performance.  The  RNA based vaccine is bringing hope that  vaccines can be created and tested more quickly to overcome deadly pathogens that have future pandemic implications. MRNA is now the leader in the space in my view. So far, MRNA is leading the entire world at the Corona vaccine arena. But more testing is required to determine safety according to FDA practices.  I expect Fast track status on MRNA.

 INO:   Inovio Pharmaceuticals, Inc

  INO also has both a corona vaccine and a promising pipeline of cancer therapy in development.  The vaccine is a DNA based approach in early human trials.  The INO vaccine, if successful, would not require super cooing for transport and shelf life.  INO has seen a good run up of the share level and is in the teens at the moment.  If the INO vaccine produces antibodies also, I would anticipate a huge run up in share price. Note the word "IF".

INO also has a promising drug to treat a deadly form of brain cancer, GBM. Further news on the progress is in the following link:

https://finance.yahoo.com/news/inovios-ino-5401-combination-pd-110000918.html

CODX : Co Diagnostics, Inc

This is a small cap company that has a reportedly highly effective Corona test using a saliva test.  The test kits are already selling and very economically priced. Possibly TOO cheap for the good of the company.  Short hedge funds bashed the quarterly call and I feel possibly manipulated the share price lower. It seems that they take advantage of the smaller share float and scare shareholders out driving the share price down to make huge dollars.  However, it seems that CODX may weather the short storm and progress based on new orders coming.  Key words "it seems".  However, that is my call today. CODX may be Ok if they can increase sales and gain traction. Scroll down and read my previous post on CODX if interested.

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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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Solving the Corona Crisis? Who is dropping the ball? TEST!

The COVID 19 virus has crippled world commerce. The rush for a vaccine by various companies is unprecedented.

However, the multi- phased safety and efficacy trials required take time.

Today I will highlight a Corona test that could well be part of the solution.

 The key tenants of Corona policy so far:

  Isolation of known carriers.

  Social separation with masks and gloves.

  Closure of business all around the world.

 Now if everyone who is a carrier of Corona knew that they were and self isolating at home or getting appropriate care, where would Corona virus find new hosts?

The entire problem has been that asymptomatic carriers of Corona walk around like "typhoid mary's"  of the past. infecting people as they go about their days. Healthy people spread the corona bug, period.

 A " simple solution"  ?

TEST EVERY PERSON ON THE PLANET.

  For those that test positive, send them to their rooms!

  For those that need care. get them in care.

But tests involve a nose swath that are extremely uncomfortable.  There is a company that manufactures oral based tests that are reported to be highly reliable and much simpler using saliva. That company I am watching is Co-diagnostics, CODX.

Upon announcing their last quarter results they underwhelmed the market but appear set up to prosper coming in test kit sales. The stock price fell back instead of continuing to surge.

I wonder why the President Trump / Mike Pence Corona team is not all over the Co-Diagnostics Test kits and making plans to get everyone tested quickly before the next outbreak increases with states starting to open up commerce.  I think they may be dropping the ball here.

I say this more strongly with the news that the very test kits (by Abbott) used at the White House  are under more scrutiny as producing false negatives

  I'm watching CODX.

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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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This Morning's market interpreted.

Market Talk:

The Crimean's voted for inclusion into the Russian fold. They apparently celebrated the vote in the streets, if you can believe it. This morning's market is responding in a relief rally, as shorts cover.

The market is saying that Crimea's secession from the Ukraine whether by hook or by crook was a foregone conclusion, once Russia started their takeover games. If a foregone conclusion from the start, then why all the games and maneuvering with this n that threat. It could be that defenders of democracy as in our US state department have to rattle sabers or sanctions to send the Russian's the message that there are repercussions in sieging upon other countries assets and land grabbing. The question is how far should we take it? At some point threats and objections become hollow whining. especially when many in the US are sick and tired of being the world's police outside our boundaries.

There are still troubling signs all around the world. For now, the market wants to put all that on ignore and is back in a relief rally mode. The shorts that thought they got the memo last week may have mistimed the whole thing yet again.

Oh well, those who live by the dark side of the shorting sword, die by the sword. Or run away to fight another day.

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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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Markets climb the wall of worry.

Market Talk:

The Russian / Ukrainian standoff seemed to ease yesterday as Putin made some conciliatory words about not expanding an offensive unless Russian interests are threatened by the new Government forming in the Ukraine. Well, how Russia perceives things going forward is open to question. He also raised concerns about economic sanctions by threatening to retaliate by doing things that would have a negative impact on the US dollar in world markets. All in all, the market took to the notion that the immediate threat of an all out Russian attack beyond the sea port Crimea is off the table. Who of us in the US even heard of far off places like Crimea before three weeks ago? The majority of us would likely say - where's that? But it is a peninsula that Russia apparently has strategic interests with a naval fleet there.

Part of the Ukraine seems to have Russian sentiments and part of the Ukraine wants to be part of Europe. Hmmmmm .... That's up to them to figure out. I also don't think NATO wants to get too involved at least yet. However President Obama has been doing a lot of jawboning to Putin about the Ukrainian right for self determination. We know Obama has the gift to gab but I'd have to say maybe it helped make Russia see that world repercussions in terms of sanctions could be very negative if they pursue aggressive tendencies towards the newly forming government.

That Russian propaganda machine is portraying the new Ukrainian government as fascists in their view is a troubling indicator and Putin reserves the right for future actions should they feel justified. That Putin has threatened retaliation to the US dollar is another concern.

In the meantime, the day to day market shrugged off the immediate threat just means that the Ukrainian situation will be put on the back burner in the market's view until it becomes a problem again.

In the meantime, the market looks at economic indicators for growth and corporate earnings and is back to watching fundamentals. With the market flirting at historical highs, the ongoing concerns affect the bull market in terms of corrections as each new high is reached. And thus we have see the dynamics behind the old adage that - "the market climbs a wall of worry".

When valuations are determined a bubble, the market will correct itself. In the meantime the players will play, the traders will trade and the games will go on. I'll stick to watching the fundamentals and avoid the hyped up BS that they dish out all day and night.


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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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Something always happens.

Market Talk:

The other day they polled the trader group on Cnbc about if the bull market will continue and should people be buying stocks. Not one of the traders expressed caution and all said heck yeah buy stocks.

A few days later after the Olympics, a Ukrainian revolt and Russian backlash aggression in the area and we have a shaky market. The same traders that said buy before now say they don't know if they should "be long". The Dow was off 250 at one point, closing down 155 to 16,166. Gold was higher by about 30 bucks to 1,350.

When everybody is bullish on a panel of traders, that's time to be circumspect in my view. The other day when the traders were pounding the buy tables, I was just thinking about the one saying that seems to happen over n over again in the market and stocks.

yup.... "something always happens".


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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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What was that?

Market Talk:

What was that yesterday? The market off over 300 points on the dow? And today? Morning trading looks like a bounce.

yup, volatility is back. Yesterday's sell off was just a correction to some and they buy today.

But the correction may be based on the reality that home and car sales are quite sluggish. Yes, perhaps it's the weather and perhaps not. Perhaps it's just fabricated stories that the financial media puts out there to suit big money and their sponsors positions.

Well, that's the market, mostly made up of BS firmly fixed on a base of jello.


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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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Is the market like a Flying Dream ?

Market Talk:

Do you ever have a flying dream? I get them once in awhile. It can be a fun dream. Often when these dreams come to me, I am perfecting a particular technique or movement that brings aerodynamic lift and then flight suddenly happens.

When my daughter was just a kid we used to have fun in the pool this way. I would throw her as high as I could and tell her to work on an arm gesture to catch flight. It never happened but we had fun trying. Sometimes it got so silly that we would crack up laughing and try again and again, perfecting the ones that took her higher.

But in my flying dreams, sometimes I will fly back to my old neighborhood and try to teach my old friends how to fly. It usually starts out with a running start and then taking leaps with my arms out as far as I can. Then there's some unusual flipping out of a leg with the nuance of a turned foot in a certain position and arms outstretched and voila! flight happens.

In other dreams sometimes I just jump as high as I can and then believe I can fly and rather than come down, I float about longer than gravity would take and then catch the air and off I go, in amazement to myself and gawking bystanders.

These dreams, while not often, can be quite fun in dreamland.

However, there are some flying dreams that happen to go too far. Not all landings are graceful.

For example, sometimes we get too much altitude and then suddenly lose the technique that got us there. It could be the "belief" that we can indeed defy gravity . Suddenly falling victim to the notion of "what goes up must come down". Then as the fun flying comes to an awkward end we flail about and wake up with our arms and legs moving in the bed.

Well, take the market yesterday and today. After reaching all time highs, the Dow has faded below the 16,000 mark as of this midday Friday report. Some say the overall market got ahead of itself. Some say it's just a normal Friday's profit taking and will snap back after a slight correction.

Sometime the collective macro market is looking ahead predicting future sentiment for some unknown reasons or another. There is posturing by China over some uninhabited islands in the South China sea that both Japan and China claims ownership. China claims airspace rights and that is a potential source of trouble in the Asia pacific region with our ally, Japan.

Meanwhile Apple has started their cell phone business with China Mobile. It's about time from Apple's view because they have been manufacturing I phones in China for years. Billionaire hedge fund investor Carl Ichan has been buying up Apple shares on the dips and becoming more an activist towards Apple management. I'm sure they now think he's a pain in their ass. Meanwhile. Microsoft had a nice quarter and is defying the gravity of falling stocks today as the Dow is now off over 200 points.

Well, the future of the market is dependent on a lot of things like a continued economic recovery and investor belief that corporate earnings will continue to show growth. But some individual stocks appear way ahead of their current earnings or future growth projections. These stocks are vulnerable.

Well, is the market entering the flying dream stage where the belief is starting to wane as maybe the Fed starts tapering the money supply? Or is this all just a profit taking bounce on cold Friday here in the east.

The winds of the future will only say and they are not speaking to me yet.



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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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