Altimmune (ALT) does look promising. An investment in ALT has doubled since March 1: Tenth best overall of all the COVID VACCINE Stocks:
CHECK YOUR POLITICS AT THE INVESTMENT DOOR:
Are we going through a real spike that will cause more interest than ever in COVID VACCINE stocks? If you don't like Trump, your answer is probably Yes. Even the word "spike" says you don't like Trump. It is a harsh word.
In these divided times, how we see the progress of the pandemic is correlated with how we feel about Trump. This is a blind spot that needs to be acknowledged when our hard-earned money is at stake.
There were only 268 Covid deaths reported yesterday (June 22) in the USA. This is a fraction of the lowest number since March.
Trump supporters who tend to be pandemic-sceptic, will say that the "spike" is:
1. A result of more testing
2. A result of postponed elective surgeries from folks who are COVID positive but asymptomatic.
3. Of people who are young and are low risk.
4. Hyped up as part of the plan to defeat Trump in November.
It apparently takes 23 days on average for a person who will pass away from COVID to succumb. If the "spike" is real, we should soon start seeing increased death numbers.
Investing in COVID VACCINE stocks is of course very speculative. However, it is a hedge against this pandemic getting worse, as the worse it gets, the more interest there will be in these stocks. If there is good news and this virus goes away quickly and quietly, without the need for a vaccine, these stocks will dissolve in value.
Bottom line is to not get carried away one way or the other. Don't lose money because of your political dispositon.
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