Diamonds and Dogs

1/13/25

The energy sector (XLE) remains a diamond to start the new year, up 2% today and up nearly 5% to start the new year. The price of oil rose to $80 a barrel, its highest level in four months on concerns of pending sanctions from the Trump administration.

Moderna (MRNA) dropped 16% after lowering guidance for the quarter and the full year. One of the biggest beneficiaries from COVID-19 vaccine, has struggled to fill that gap the last several years as sales dwindle.

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