Shares of vaccine makers, including Moderna Inc (NASDAQ:MRNA), BioNTech SE - ADR (NASDAQ:BNTX) and Novavax, Inc. (NASDAQ:NVAX), are all trading lower as the sector continues to pull back following 2021 strength, with investors continuing to weigh sector outlook going into 2022. The US Supreme Court today blocked President Biden's workplace vaccine-or-test mandate for larger employers.
Shares of some growth stocks have been pulling back in recent sessions following a reaction last week to minutes from the FOMC meeting. Minutes showed most Fed members viewed conditions for rate hikes as potentially being met relatively soon.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The 10-year Treasury yield hit an intraday high of 1.761% Thursday afternoon. Overall market volatility is persistent again during Thursday's session as investors continue to weigh omicron concerns.
See Also: Why Tesla Shares Are Hitting The Brakes Today
Moderna shares otherwise saw strength during Monday's session, trading higher following the company's pipeline update at the JP Morgan Healthcare Conference. The company also announced a collaboration with Carisma for cancer therapeutics.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.