- This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher talking with Scott Martin, head of research at Kramer Capital Research.
- What might have been an episode focusing on the ramifications of last week's elections instead was dominated by Monday morning's vaccine update. Martin reminds that the Pfizer news might not be the golden bullet that ends the pandemic, and suggests the market - the Dow up 5% at the time of recording on Monday - may be over-reacting.
- Treasurys are trash, says Martin, and investors in search of yield should look to safe dividend plays - there are plenty out there with perhaps better credit than the U.S. Treasury.
- Last week's elections bode well for potential federal de-criminalization of marijuana, but Martin would stay away from the commodity growers. Instead look for those companies that might benefit from the consumer product angle.
For further details see:
Vaccine Developments Knock Election News Off Front Page - Scott Martin Joins Alpha Trader