MARKET ALPHA WATCHLIST - NVAX

NVAX

For those that followed my post last week, we saw major gains in NVAX this week. This was expected as the delta variant information was being surpressed and the market had not totally digested it just yet. Now we are digesting the delta variant in a way that could be an over reaction but also may have some confluence with the fact the FED doesn't have much ammunition this time around in terms of interest rates.

Anyway, I expect NVAX to see higher levels but don't get caught chasing.