The Dow Looks Good, But The Pandemic Isn’t Over

Steve Spalding
Predictions and Prescriptions
3 min readNov 9, 2020

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It’s an absolutely massive day for the Dow on the announcement that Pfizer has a vaccine that has been shown — in preliminary testing — to be 90% effective against the Coronavirus. It’s the kind of news that makes you want to go out and buy all the Cruiseline shares your little portfolio can handle ($CCL is up 36%), but should you?

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Steve Spalding
Predictions and Prescriptions

Writer, builder of internet things, prone to wanderlust and pontificating. Collects interesting people. Enjoys: science, fiction, finance, culture, ze future.