This has been a rather peculiar week. Firstly, the DJI opened with a 4% bullish gap, 2% on the S&P 500 and 1% on the Nasdaq 100, which means that they were traded at very high prices aftermarket, all this driven by Joe Biden’s victory. But then they had a drop that led to a mixed close of the markets yesterday: the DJI closed +0.9% after falling 1% on Monday, the S&P 500 dropped 0.1% after losing 0.9% the day before and the Nasdaq 100 closed 1.7% lower after a previous drop of 3%.

Meanwhile, gold plunged 4.6% on Monday, and yesterday saw a slight recovery of 0.8% to $1,877 per ounce. Oil has made an impressive comeback this week with the WTI rising almost 12% to over $41 a barrel, and Brent rising 11% to close to $44 - despite the fact that the ban on fracking and the re-entry into the climate agreements seemed to be a major factor pushing oil down after Biden’s victory.

Watch out, because Pfitzer and BioNTech announced that clinical trials of their vaccine were 90% effective so they will be seeking U.S. approval with the first emergency vaccines expected by the end of this month - all this while hope for Sinovac Biotech’s Chinese vaccine was crushed after severe effects in trials. Some of those driven by the hope of an upcoming vaccine were TripAdvisor which went up 10.4% yesterday and Airbus which grew 6%, with a rack up of almost 45% over the last 8 days, because their 737 Max could be flying before 2021. In fact, the decline of Nasdaq 100 is related to the fact that the vaccine could stop the resounding growth of the FAANGs and they experienced significant falls in which the biggest losers were Amazon (with a weekly fall of 8.3%) after being involved in an anti-monopoly complaint made by the European Union; and Zoom that has lost 25% this week while experiencing a massive sale that has led its shares to sink from $500 to $375. Other must-knows:

• Donald Trump has refused to accept defeat and will be asking for a vote recount. In this regard, his Secretary of State, Mike Pompeo, also stated that he was sure that Trump would continue to be president after this investigation. Meanwhile, Great Britain and France, among other world leaders, have congratulated Joe Biden for the victory presented so far by the elections.

• Apple will launch a MacBook Air and several other computers with computer chips developed by the same company. The chip called M1 would mean the end of Intel Corp. technology in Apple, a partnership that has lasted more than 15 years. These products will be launched next week, so watch out for the shares of the mega-cap giant.