There are reasons to proceed with extreme caution in the current market, including the possibility that the U.S. won't have a divided government.
Aggressive traders who have dug into the fundamentals of this German-based company could look to go long.
The Russell 2000 outperformed the Nasdaq by 5.2 percentage points on Monday -- the largest outperformance ever recorded between the two indices.
When the dust settles midweek, I believe we'll have a great feel for the longer-term outlook associated with the Pfizer news.
The leaders now are suddenly the reopening stocks, while the work remotely and stay at home stocks are being sold.
The vaccine news marks a major turning point and the issue now is to navigate this rotation.
Let's take a look amid the announcement that Pfizer's Covid-19 vaccine has progressed further.
It seems depression may be the condition that propels psychedelics to be accepted.
I'll need to see more price action first.
Let's review the charts and indicators.