Steve Sosnick, Interactive Brokers’ chief strategist, discusses the latest vaccine news from Astra-Zeneca and Oxford University.
With each new vaccine development, the stock market dynamics are changing, according to Sosnick. Here’s why:
Photo Credit: Yuri Samoilov via Flickr Creative Commons
The focus on a potential recession is taking a toll on CEO confidence
Nvidia’s valuations today closely resemble Cisco at its peak in 2000, with a price-to-sales ratio of 42x, making it hard to make the math work for Nvidia stock to perform well from its current level.
Google could follow Microsoft this week in announcing its would-be Apple iPad killer. An industry analyst tells us that the tablet is already in production.
It still works, but you can’t achieve it in the way you once could.
