Why Jim Cramer Is Looking For Buying Opportunities Monday

Author:
Publish date:
Video Rating:
TV-G
Video Duration:
56

It's the final day of November and the markets are lower. 

The country logged 155,596 new cases and 1,189 new deaths on Saturday, and Dr. Anthony Fauci, the nation’s top infectious disease expert, warned Americans to brace for even more new infections.

"What we expect, unfortunately, as we go for the next couple of weeks into December, is that we might see a surge superimposed upon that surge that we're already in," said Fauci in an interview with NBC News' "Meet the Press."

The U.S. has 13.3 million cases of the virus, with over 266,000 deaths.

In good news, Moderna said that it would ask the U.S. Food and Drug Administration for emergency use authorization of its coronavirus vaccine. Moderna said late-stage trial data of the vaccine demonstrated a 94.1% efficacy rate. Additionally, Moderna said the vaccine showed a 100% effectiveness rate against severe forms of the respiratory virus.

WATCH: Everything Jim Cramer Is Watching in the Market Monday