Money Game with David Woo: Booster battle
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I don‘t think Moderna is at near all time due to Reddit/direct retail investment. It’s mainly driven by indirect retail investments (aka ETF/401(k)). Momentum is particularly strong since S&P‘s Moderna inclusion announcement. I guess systematic momentum/index rebalancing guys are also pushing the stock higher.
Happy Monday David! What are your thoughts about the Evergrande fiasco? Will it end up being a major problem like Lehman or CCP will save them like the US saved LTCM?