A Vaccine Boost
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 13 November 2020
⏱️ 39 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. |
| 0:18.0 | It's the Motley Fool Money Radio Show. I'm Chris L. Joining me this week, Jason Moser and Ron. |
| 0:23.0 | Gross, good to see you. He was always gentlemen. |
| 0:26.0 | We've got the latest headlines from Wall Street. We've got the latest on the cannabis industry, |
| 0:31.0 | along with a couple of stocks on our radar. But we're going to begin with the story that we have all been waiting for. |
| 0:37.0 | On Monday, Pfizer announced that it's COVID-19 vaccine, which is in phase three trials, |
| 0:43.0 | is more than 90% effective in participants who were not previously infected. |
| 0:49.0 | Obviously, Jason, we still need final approval. There are still steps to go. |
| 0:55.0 | But in terms of the ripple effect for the stock market, it was pretty breathtaking to see. |
| 1:00.0 | Entire categories of stocks go up 10% or more. And on the flip side, a lot of the, quote unquote, |
| 1:09.0 | stay at home stocks falling 10, 15% or more. |
| 1:12.0 | Yeah, I mean, this is the news that we want to hear, right? |
| 1:16.0 | I mean, this is the news we've been waiting for. It does sound like we're one step closer to, |
| 1:21.0 | you know, the light at the end of the tunnel, so to speak. But to your point there, |
| 1:25.0 | I think it's been, it's been very entertaining to watch the knee jerk reactions on the market over the week. |
| 1:31.0 | I mean, I don't think it was really a surprise to any of us to see this quote unquote, |
| 1:36.0 | stay at home stock reaction, right? I mean, we were all anticipating that there would be some sort of rotation from one to the other. |
| 1:46.0 | It was a little bit surprising to see how drastic some of those moves were. |
| 1:51.0 | But I mean, you know, that's the power of big money in a lot of liquidity being able to make decisions very quickly |
| 1:58.0 | and just go ahead and move. |
| 2:01.0 | It is worth remembering. I mean, as you said, this is something, this is not over, right? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

