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Friday, December 4, 2020

SPX S&P 500 1-Minute Chart; Pfizer Hiccup



At 3:30 PM EST on 12/3/20, Pfizer says the December vaccine distribution goals will not be met due to supply-chain concerns; the Pfizer hiccup. The SPX drops from 3682 to 3658 in 10 minutes; a 24-point dump. PFE drops -2%. After the event, Pfizer waves its arms wildly proclaiming that this is old information that was released a month ago. Of course they do. Pfizer says the distribution plan is on track for next year. Of course they do. Big pharma takes a hit when they need to be building public trust. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

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