Pfizer in Bullish BaseOur thoughts and prayers go out to US President Donald Trump and First Lady Melania Trump for a rapid recovery of the Coronavirus.
This is an update to my 9/26/20 Pfizer post. Since then the daily MACD has had a bullish crossover and the Histogram has gone above the zero line.
Ever since President Trump announce "Operation Warp Speed" to develop a Coronavirus vaccine before the end of 2020, he has hinted several times that the vaccine could come before
the US election on 11/3/20.
During the 9/29/20 US Presidential debate President Trump stated a vaccine could come in a few weeks.
My guess is if the vaccine is ready, the announcement could came on 10/22/20 - Twelve days before the US election. In 1972 Henry Kissinger made his "Peace is at hand" announcement
twelve days before the 1972 US election.
Now could be the best time to buy Pfizer (PFE). If they are the company that develops the vaccine, it could be too late to buy after after the announcement.
Mark