E Market Briefing For Wednesday, Dec. 2

Markets advanced - within limits, and are defensive Tuesday evening, after a flurry of conflicting reports with regard to how they may impact markets. Most, at least on the surface, will not affect markets near-term, with next year really variable more on the 'reality' (as opposed to 'enthusiasm') about vaccines. So I will note the controversy around Washington, Attorney General Barr getting on the wrong side of his boss, and so on, but you all know about that by now.

I would prefer to briefly focus on the influences on the market and a couple stocks. I hasten to mention that I generally will assess or opine on various factors, with overall views of the investing or trading environment, while not seeking-out individual stocks broadly. That's especially when we are shuffling at a rather extended level for big-caps (you have people normally not investing or trading stocks in their lives increasingly doing so, and that tends to be a sign of some froth).

At the same time we're delighted the new generation is inclined, proving the majority are just as interested in success as always, and not socialist leaning (of course it's funny how making money and capitalism seems to supplement if not replace altruistic liberalism among some young folks as they finish their schooling and get into the real world of making money as competitive sport).

In that regard it's important that NBC News decided to focus on South Dakota, which is not alone in 'experimenting' with older positive patients now receiving 'antibody therapeutics', in this case from Lilly (LLY). That's fine, as NBC fortunately made the point that many patients testing positive or showing early symptoms of active disease, really don't have the luxury of waiting around for vaccines to arrive (not to mention the weeks to build immunity 'if' they work).

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