Monday, November 25, 2024

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COVID-19

Pfizer Lifts to 19-Month High After Blockbuster Vaccine News

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Pfizer Inc. (PFE) rallied more than 15% at the open of Monday’s U.S. session after reporting a 90% success rate with a vaccine candidate under development in collaboration with Germany’s BioNTech SE (BNTX). COVID-19 beneficiaries sold off on the news while shares of cruise ship operators, movie theaters, and airline carriers took off for the heavens. However, sellers pounced on the opening bid, dropping the pharmaceutical giant more than three points off the high.

Pandemic Headwinds Likely To Persist

The high efficacy rate is good news but major obstacles are likely to delay an early end to the pandemic. For starters, an October survey indicated that just 58% of Americans will take a vaccine as soon as it’s manufactured, due to anti-vax theories and general political unrest. The 10% ineffective rate is also too high for instant relief, asking those most vulnerable to serious illnesses to ‘roll the dice’, hoping for an immune response.

Pfizer CEO Albert Bouria appeared on CNBC on Monday morning, expressing genuine enthusiasm for the compound. He believes we’re finally seeing the light at the end of the COVID-19 tunnel but warned that side effects have been reported. He also views the candidate as the ‘most significant medical advance in the past 100 years’, which seems like hyperbole, given statins, the polio vaccine, and other life-saving drugs introduced in the last century.

Wall Street And Technical Outlook

Wall Street has been caught ‘asleep at the wheel’ on Pfizer’s long-term outlook, posting a sluggish ‘Moderate Buy’ rating based upon 4 ‘Buy’ and 4 ‘Hold’ recommendations.  To their credit, no analysts are recommending that shareholders close positions and move to the sidelines. Price targets currently range from a low of $38 to a Street-high $53 while the stock has descended to the low target after an opening spike to $42.

Pfizer is a slow moving stock that’s underperformed since a 9-year uptrend topped out less than four points below 1999’s all-time high in 2018. This weak performance induced the keepers of the Dow Industrial Average to remove the stock last summer, in an act of near-perfect timing. It posted a four-year low in March 2000 and turned higher, stalling in the upper 30s in June. Monday’s breakout is test new support at that level, with mid-term upside limited to the mid-40s.

For a look at all of today’s economic events, check out our economic calendar.

*** This article has been archived for your research. The original version from FX Empire can be found here ***

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Shocking New Book: The Pfizer Papers

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The fake ‘Covid cases’ were secured by a PCR test that its inventor Kary Mullis said could not tell if you were sick and used very high amplification that was bound to elicit fake ‘positives’ by being triggered by genetic material nothing to do with ‘Covid’. Fake ‘cases’ were further secured by diagnosing other illness as ‘Covid-19’ including other forms of respiratory disease. This is why cases of flu (with ‘flu-like symptoms’) disappeared worldwide when ‘Covid-19’ (with ‘flu-like symptoms’) was hoaxed on the scene. Fake deaths from ‘Covid’ were manipulated by the insane policy of putting ‘Covid-19’ on the death certificate of anyone who tested positive with a test not testing for the ‘virus’ who died from any other cause within 28 days (sometimes more) of the fake ‘test’. People dying from falling down the stairs, road accidents, even gunshot wounds, were officially designated ‘Covid’ deaths by this blatant sleight of hand. Hospitals in the US were given massive financial incentives to diagnose ‘Covid’ – $4,600 for diagnosing regular pneumonia; $13,000 for ‘Covid’ pneumonia; and $39,000 for anyone they put on a ventilator that would almost certainly kill them (and have ‘Covid-19’ on their death certificate). Add to this the scandal of Remdesivir which Fauci imposed on hospitals for those testing positive with a test not testing for the ‘virus’ which was well known to cause multiple organ failure including the kidneys leading to the abdominal cavity and lungs filling with fluid that caused respiratory failure that was designated ‘Covid-19’. Add further the use of the end-of-life drug Midazolam that prematurely killed thousands of old people in care homes that was presented to the public as ‘the first wave of Covid’. From this – and I could say so much more – comes this question: WHERE’S THE BLOODY ‘VIRUS’?

The fake ‘Covid cases’ were secured by a PCR test that its inventor Kary Mullis said could not tell if you were sick and used very high amplification that was bound to elicit fake ‘positives’ by being triggered by genetic material nothing to do with ‘Covid’. Fake ‘cases’ were further secured by diagnosing other illness as ‘Covid-19’ including other forms of respiratory disease. This is why cases of flu (with ‘flu-like symptoms’) disappeared worldwide when ‘Covid-19’ (with ‘flu-like symptoms’) was hoaxed on the scene. Fake deaths from ‘Covid’ were manipulated by the insane policy of putting ‘Covid-19’ on the death certificate of anyone who tested positive with a test not testing for the ‘virus’ who died from any other cause within 28 days (sometimes more) of the fake ‘test’. People dying from falling down the stairs, road accidents, even gunshot wounds, were officially designated ‘Covid’ deaths by this blatant sleight of hand. Hospitals in the US were given massive financial incentives to diagnose ‘Covid’ – $4,600 for diagnosing regular pneumonia; $13,000 for ‘Covid’ pneumonia; and $39,000 for anyone they put on a ventilator that would almost certainly kill them (and have ‘Covid-19’ on their death certificate). Add to this the scandal of Remdesivir which Fauci imposed on hospitals for those testing positive with a test not testing for the ‘virus’ which was well known to cause multiple organ failure including the kidneys leading to the abdominal cavity and lungs filling with fluid that caused respiratory failure that was designated ‘Covid-19’. Add further the use of the end-of-life drug Midazolam that prematurely killed thousands of old people in care homes that was presented to the public as ‘the first wave of Covid’. From this – and I could say so much more – comes this question: WHERE’S THE BLOODY ‘VIRUS’?