All Three Major Indices Hit All-Time Intra-Day Highs -- December 8, 2020

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• The indices:
  
• NASDAQ: closed at 12,583. Intraday high at 12,594.54 hit an all-time record.
• S&P 500: clsed at 3,702. Intraday high at 3,708.45 hit an all-time record.
• Dow: closed at 30,174. Intraday high at 30,246.22 hit an all-time record.

Tesla: watching the tea leaves suggests this stock is way undervalued. Connecting the dots: what is the number one business sector one sees advertised on commercial television? It's not automobiles and it's not computers, at least based on anecdotal observation. Tesla is skating toward where the puck will be. Up $16/share today.

T: for a stodgy old stock, T has a great day, up almost 4%; pays over 7%.

CureVac: of the thousands of sticker symbols I could have chosen, back on August 14, 2020, I chose CureVac (CVAC) trading up 250% on its first day of trading; closed at $56. Today, I see CVAC is up another $15, up almost 14% today; and closed at $130. Moderna had a great day. This is clearly not rocket science. PFE. JNJ.

For investors, on August 14, 2020, I wrote:

Covid-19 pandemic:

• counterintuitively, the pandemic accelerated US (global?) 2030 into 2020;
• was the market's worse "black swan" in decades actually a soaring eagle in disguise?

Secure Act 2: will lay the groundwork for legislation next year (2021) if the package doesn't progress in the post-election lame-duck session. Link here.