The Vaccine Rally Could Be Running Out Of Steam

Commenting on today’s trading Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreThe Vaccine Rally Is Fading AwayDespite today’s new all-time highs the late-day weakness among cyclicals could mean that the first leg of the vaccine rally could be running out of steam. While stocks started the session in a positive fashion, the leaders of the vaccine rally faded towards the end of the session in the face of the mostly positive news flow, and that warrants caution for bulls, at least from a short-term perspective.The key sectors all finished the day in the g…

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HEDGE accordingly