Hey everyone kevin here: here's a quick update on what joe biden just said, which is actually leading recovery stocks to become very optimistic recovery stocks, even though they are already up. I like carnival cruise lines, even though it's already up eight to nine percent. Today, this stock has fallen substantially, just as an example over the last few weeks on fears of the omicron virus, for example, just a few weeks ago on november, 8th, which about three weeks ago, carnival cruise lines was at about 25. Just to give you an example - and this is because a lot of us were fearful that we were going to have new lockdowns or new mandates imposed.

You saw the same fall from november, 8th delta airlines down from 45 down to about 36 right now. Look at something like cheesecake factory, cheesecake factory, similar kind of decline, though not as much from about 47 to 38., if you're, looking for something potentially a little bit safer, consider something like visa, which, during the same roughly the same time, october 26 to now, has fallen From about 225 to 195 or here's another, one, disney stock has also sharply declined. Uh sharply declined from about 170 179 around uh november, 8th all the way down to about 144 at the moment, and here's the reason why some of these are up today and why folks are excited about a potential reversal. It's because joe biden outlined his full plan.

His five-point action plan for kovid that does not include shutdowns or lockdowns news of this almost immediately uh doubled the gains that we're already seeing on some of these recovery stocks. Oftentimes a lot of biden's plans kind of leak out beforehand anyway, but anywho his plan is number one: expand the nationwide booster program, more places open with longer hours, and now a joe biden, citing that 30 percent of people who were anti-vaxx are now suggesting that they Might end up getting the vaccine or will get the vaccine after the discovery of the omnicron variant? I have to say i i don't know if that's because of more vaccine requirements to get into things like restaurants or to travel like you can't travel to canada unless you've been vaccinated right, it's a little bit more difficult to get into certain events or venues unless You've been vaccinated, l.a county, i be either la county or l.a city just imposed a vaccine mandate on on a lot more institutions. So it's becoming harder to do things without the vaccine. I'm i'm always a person, that's a fan of choice, but i'll tell you i'm seeing a lot more people who were previously very ardently opposed to getting a vaccine getting the vaccine that actually includes my mom.

My mom doesn't live with me. She lives in utah and she's, not mormon, but anyway, so mom. If you're watching this hey, you know what it's your choice, but i'm happy for you next they're planning on opening family vaccine clinics, so that way, adults and children can all get vaccinated. At the same time, right now, you're kind of making separate appointments for everyone in the family.

It's kind of a little bit of a headache and they're trying to prevent - and they haven't detailed rules for this yet but they're - trying to prevent the need for having to quarantine children at home, because that obviously keeps parents away from work and makes well things a Little bit more difficult, number three at home tests we're trying to get those covered by insurance and at the moment, biden is trying to expand coverages for that. So that way, you can get free at-home tests and also is working on plans to help those who are uninsured be able to take at home tests number four increasing. The surge team really makes a difference in a lot of communities. Number five: accelerating efforts to vaccinate populations around the world.

Remember folks: we've got a fraction, i think it's like less than 11 percent of people in south africa are vaccinated. Less than uh 28 of healthcare workers are vaccinated in south africa and this is oftentimes. How variants can can be created, however? We we do believe that some of the first individuals who were getting infected with the omicron variant were actually vaccinated. In fact, you've got a doctor according to sky news from south africa, saying quote so far.

The infections we're seeing are very mild, i'm not seeing uh, i'm not aware of any patients with severe illness at the moment. In fact, this doctor mentioned that mostly all of his patients are vaccinated and so they're coming in with mild cases of omicron, but i think the real push for vaccines right now by by whether it's the government or whomever and again, i'm still a fan of choice. I think the real push for it is making sure less people really get affected by the delta variant or some of the other strains of variant or potentially lead other variants to be created, and so the more people get vaccinated around the world. The less likelihood less likelihood not guarantee of of of more variants being created, although i expect we'll have variants honestly for the next decade, uh to some degree, also important to get your booster.

I know uh people close to me who have not gotten their booster yet and now all of a sudden they have coven, so the vaccine effectiveness are relatively low. It's also worth noting that, towards the end of joe biden's speech, somebody asked him a reporter, presumably asked him hey. What about a shutdown? Are we having a shutdown on friday and joe biden said no that, barring any kind of crazy circumstance he expects to make sure the government remains funded, which is yet another catalyst that could actually help our stock market recover a little bit from the depths that we've Fallen into joe biden is also announcing that you can have paid time off if you are a federal employee to get vaccinated or to take a family member to get vaccinated and as imposing a new restriction that you must test for international travel within one day. Regardless of vaccination status, so uh, this kind of goes back to that original place where it's like.

Ah, it doesn't really matter if you're vaccinated, in some cases, you're still having to test uh yeah. That's true you're solving the test, because a lot of people are fully vaccinated, but maybe they're not recently boosted, uh or or potentially they have the omicron, which seems to be a little bit more resistant to vaccines, but hopefully knock on. Wood provides more mild symptoms. So going back to stocks, i think that's why we're seeing a little bit of enthusiasm in the recovery sector today minus snowflake, which ran about which would be earnings expectations by about 10, seeing carnival cruise lines move about 9.3 percent here sitting on that 18 resistance level.

Seeing delta airlines up 9 today, a cheesecake factory's up amc's up look at that amc is at 5.15. You've got uh even paypal visa moving up today, along with disney up three percent and some other recovery stocks, so something to keep an eye on a little bit of a rotation here and, of course, nvidia continues to kill it. Although it has been dancing around that 320s range for a bit here anyway, thank you so much for watching this video. Hopefully you found this helpful.

If you did consider sharing it check out the programs on building your wealth down below with that coupon expiring tomorrow and folks, we'll see in the next one thanks so much goodbye.