As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 9 November 2020

Dow rallies more than 5% to a record high as Pfizer says Covid-19 vaccine is more than 90% effective

 Stocks rallied to record levels on Monday as investors cheered trial data from drugmakers Pfizer and BioNTech indicating their Covid-19 vaccine is more than 90% effective.

The Dow Jones Industrial Average traded 1,563 points higher at the open, or 5.5% and hit an all-time high. The S&P 500 also reached a record, popping 3.7%. The Nasdaq Composite was the relative underperformer, trading 1.3% higher. The small-cap Russell 2000 index gained 4.6%.

The announcement was seen on Wall Street as a sign that the pharmaceutical industry may soon have a viable way to control a disease that has derailed the U.S. economy for much of 2020 and has killed more than 230,000 Americans


Hmm ... tomorrow morning STI also cheers?


  1. Stock market news live updates: Dow climbs 835 points to pare some gains after soaring to a record intraday high

  2. Should cheers for awhile if Pfizer news still hold until Christmas, which then vaccines should be available to the people.
    And perhaps some other good news from other vaccine R & D companies

    Stocks trade most of the time based on day to day Sentiments then anything else.



Related Posts with Thumbnails