02Dec10:48 amEST

Not Quite Ready for Normal Life

Although positive vaccine headlines seem to be the recent trend, the actual implementation still may very well be a ways away. Other issues will need to be dealt with, such as which groups of people get access to the vaccine first. And, of course, whether we must take the vaccine as a compulsory measure (and the Constitutionality of such potential demands and/or conditions if businesses/schools/government agencies discriminate against those who have not taken the vaccine). In other words, there is a whole other can of worms yet to be negotiated here. 

In the meantime, the winter phase of the pandemic still may prove to be nefarious yet. As a result, the food delivery/meal plan plays are viable, especially as folks become burned out from the whole ordeal and tire of constant grocery shopping and cooking meals. 

The three main plays for this are: APRN GRIL WTRH, with GRIL being the super speculative play among them. APRN has brand recognition and a healthy short position to squeeze, while WTRH has astute management (also, as one of our Members noted, solid insider buying of late) and a good-looking chart setup, below. 

On the updated WTRH daily chart, note the consolidation above its 200-day moving average and bull flag over the last week or so. Let's see if we get a push over $3.50 for a squeeze higher as more virus headlines and restrictions materialize. 

Stock Market Recap 12/01/20 ... Stock Market Recap 12/02/20 ...


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