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The Oxford Vaccine Results

vaccine trials

Three new and promising Covid-19 vaccines are emerging.

Oxford University is producing a vaccine in partnership with AstraZeneca (NYSE: AZN).

The drug is already in Phase III vaccine trials in Britain, Brazil and South Africa. According to a British medical journal, the vaccine trials are triggering an immune response without negative health impact.

Some 1,077 people received the drug in the vaccine trials. And 90% of them developed antibodies with one dose.

The next step for the vaccine trials includes testing among 10,000 people in the U.K. and 30,000 people in the U.S.

The British government has already ordered 100 million doses of the vaccine.

Another vaccine from a Chinese company named CanSino Biologics (OTC: CASBF) reported similar results. And last week Moderna (NASDAQ: MRNA) reported positive results from its vaccine trials.

Despite the outbreak, stocks continue rising. The S&P 500 is now only 5% below its all-time highs. The index has rallied 43% since the lows in March.

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The Big News . . .

Royal Caribbean Delays Largest Cruise Ship

Royal Caribbean is delaying the construction of the world’s largest cruise ship. The Wonder of the Seas construction is being paused. The ship was built with a capacity of 5,448 passengers;  work on the vessel is delayed indefinitely.

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How Long Do Antibodies Last?

A new study from Mount Sinai shows that the “vast majority” of patients with Covid-19 have antibodies for at least three months. It’s based upon the study of 20,000 cases.

Houston and Los Angeles Consider Lockdown

States across the country have no plans for another shutdown. Yet some hard-hit cities including Houston and Los Angeles are considering a rollback. And that could mean closing businesses and delaying the re-opening of schools.

New York City Enters Phase 4 Reopening

New York is proceeding with the fourth phase of reopening. This will allow public facilities including zoos and botanical gardens to open. Gyms, movie theaters and museums will remain closed. Indoor dining will not be allowed.

WARNING: Apple’s Shocking Earnings Report

America’s biggest stocks are reporting earnings. The results will reveal the huge impact of the outbreak. And it will shock investors.

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The Coronavirus Numbers

Here are the numbers from Monday at 1:13 a.m. ET:

What’s Next

Stocks inched higher on Monday morning.

Corporate earnings season is getting started. And this will give investors a view into the financial results of America’s biggest companies.

The stock market has staged a huge and swift rally. This move appears to be disconnected with the near-term financial performance of many stocks.

Earnings for the S&P 500 are expected to drop 44% during the second quarter, according to FactSet Research.

Despite all the uncertainty . . .

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Yours in Health & Wealth,

Ian Wyatt

The Oxford Vaccine Results

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