Vaccines Sooner, Leadership Shifting, Sell-Off Likely Over

The Biden Administration has announced it now has enough vaccine supply for all Adults by the end of May. This moves up the re-opening timeline and is very positive. The pace of vaccinations is also dramatically increasing. There was an average of 2 million doses given this past week. 8.3% of Americans have two doses and 16.2% have received their first dose. These figures are set to exponentially increase.

Daily cases are down almost 12,000 from 7 days ago which means it looks like its accelerating to the downside. The 7D positivity rate has also dropped below 5%, which we consider majorly positive. Daily death, importantly, have also dropped by nearly 18%.

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