Over 71% in Bookable Gains on our “Disruptive Tech” 12-15-20 Report Vuzix (NASDAQ: VUZI) New Report Coming Monday 12-21-20 at Market Open

Over 71% in Bookable Gains on our “Disruptive Tech” 12-15-20 Report Vuzix (NASDAQ: VUZI) New Report Coming Monday 12-21-20 at Market Open

We want to End 2020 on a Strong Note, as the Markets Remain Strong

Good day everyone,

Our report from last week on Vuzix produced some great results. If you recall, we delayed our report by a day and we are glad we did, timing is important. At the open of Tuesday’s market, VUZI was at $4.84/share and by the end of our coverage on Friday, Vuzix shares closed at $8.31 (+71.6%). In Friday’s session VUZI shares reached a high of $9.05/share. Over the course of the four-day run, VUZI traded 55,555,010 shares and that is extraordinary.

Congratulations to our members who were able to participate in the remarkable VUZI week. We will revisit VUZI in the future, they have solid patented technology, and they are the leader in wearable AR Smart Glasses.

The markets remain strong with the Dow 30 closing the week at 30,179, the NASDAQ at 12,755, and the S&P 500 at 3,709.

We continue to believe that tech will continue to drive the markets, and biotech companies will lead that drive. Covid-19 has brought some developing technologies to the forefront for everyone to see. Vuzix technology allowed healthcare workers to see patients without exposure to the infection. We know of many companies working with mRNA to develop therapies and now mRNA research has led us to vaccines against the pandemic.

Investors are beginning to see these developmental technologies come to fruition. Sometimes it seems as though the best technologies are forever mired in development, clinical trials, and waiting for the FDA. Now we are learning that the tech we really need can come sooner than anticipated.

We want to point out that the FDA approved two covid-19 vaccinations in a remarkably quick fashion. They did so because so many people were dying from the infection. To date, according to Johns Hopkins data, 321,117 Americans have succumbed to the infection and 1,686,857 have died worldwide. Let’s consider other medical conditions with potential treatments under FDA scrutiny:

Cancer – According to the National Cancer Institute, 606,520 Americans will die of cancer in 2020.
Diabetes – According to the CDC, 34.2M Americans have diabetes and it caused 270,702 deaths.
Heart disease – According to the CDC, 655,000 Americans die from heart disease each year.

The quick success of the covid-19 vaccines was achieved under the “warp speed” doctrine adopted by the Trump administration. We hope the deadly indications above can get the same status.

We continue to look at the tech industry with a special emphasis on biotech. We’ve been looking at a few and one of them seems to be ready to report on. This company has some similarities to Vuzix although it’s in a different sector.

Stay tuned and stay informed

The Traders News Group



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