BREAKING NEWS BRIEF
This morning Pfizer shared some positive news on the vaccine front. It’s drug to protect against the virus is 91% effective for six months. That’s a whole lot longer than the initial 90-day estimate.
An added bonus is that the double-dose shot also appears to combat against the mutation that was discovered in South Africa. Known as B.1.351 this strain has been particularly worrisome to health officials, as it spreads faster and has appeared to be resistant to vaccines.
“These data confirm the favorable efficacy and safety profile of our vaccine and position us to submit a Biologics License Application to the U.S. FDA,” said Pfizer’s CEO.
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YOU NEED TO SEE THIS NOW
Paul Mampilly is a Wall Street legend.
(Barron’s crowned his hedge fund as the “world’s best” and Kiplinger ranked it in the top 1%.)
But a few years ago, he left Wall Street.
“I just grew tired of helping the rich get richer,” Paul explains. “So I started sharing my No. 1 investment picks with Main Street Americans.”
And his No. 1 stock picks across his various research services have been phenomenal.
In 2017, he recommended Plug Power. It gained 1142% in 3.5 years.
In June 2018, he recommended Tandem Diabetes. It’s currently up 520% and still climbing.
In December 2019, he recommended Enphase Energy. It gained 638% in 1 year.
And in March of last year, he recommended Carvana. It’s currently up 877% and still climbing.
But Paul believes his No. 1 stock pick for 2021 could go even higher.
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Dow Jones futures and S&P 500 futures rose slightly Thursday morning, while Nasdaq futures jumped as growth stocks took charge.
Micron Technology (MU) and Tesla rivals Nio (NIO) and Xpeng (XPEV) were making news, but the improving stock market rally is in focus.
The stock market rally gained momentum as the White House unveiled the $2.25 trillion Biden infrastructure plan, with the S&P 500 hitting a new high amid several new breakouts.
The Nasdaq and small caps led the way, but both needed to take another big step. Thursday’s premarket action was positive.
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Last Sunday, the first supermoon of the year appeared. It was dubbed as the Super Worm Moon and it put on a spectacular show across the globe.
Some people are contesting it being called a supermoon because it missed perigee by 35 hours – which is the point when the moon is closest to the Earth. But the moon met all of the other requirements of a supermoon, as it appeared incredibly larger as it rose into the night sky Sunday night.
The March full moon was named the Worm Moon “after the earthworm casts that appear as the ground thaws in spring,” NASA explained. Regardless of why it’s called the worm moon and whether or not it is technically a supermoon, the full moon put on a breathtaking show around the world.
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As those $1,400 stimulus checks hit our bank accounts, many of us are saying to ourselves, “To save or not to save? That is the question.”
Luckily, we can easily make a much cleaner pros and cons list than whatever Hamlet had going on. There are a few things you should consider before deciding where to put that money—provided you don’t need it for necessities, of course.
First consider whether you have an emergency fund squared away. Until you get that going, don’t spend a dime more than you have to. Emergencies are part of life, and you need to be prepared. Whether the dog gets sick, your car breaks down, or you sustain an injury, you want enough money to be able to catch your breath. Aim for that first.
Is your emergency fund good to go, or only need minimal padding? Consider the investing pros and cons so you can figure out what’s right for you.
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HACK YOUR LIFE
Saving money is excellent. Saving money without making any changes to your quality of life is even better. Saving money may even improve your quality of life. It may not seem like it, but it is possible.
It may seem a little backward to spend money, to save money. This is one instance that the saying is true. “Sometimes, you need to spend money to save money.” These innovative products extend the life of the things you already own (hello, furniture repair kit), but they’ll also help you save on electricity and cut down on your grocery bill.
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