Is it true:

It is true. Stocks are up because many states are beginning Phase One reopening...that means that more small businesses and large businesses can reopen.

Governor Baker announced today that we have entered Phase One, and if cases continue to go down, we continue on to Phase Two. I believe it is slightly different in each state, but for Massachusetts, as of today Churches, Construction businesses, and manufacturing businesses all have the green light.
Essential services such as grocery and pharmacy and restaurant delivery have been open the whole time.

If we can do the above for two weeks with cases continuing to go down, then we will enter Phase Two, which means that nail salons, and public swimming pools will re-open.

During all of the different phases of re-opening, it depends entirely on whether we continue to see a reduction in new cases.

I almost forgot...there IS a vaccine in human trials right now. Moderna in Cambridge, Massachusetts is currently testing it on volunteers, who have agreed to be infected with covid19...VERY brave people. Half the group will receive the vaccine, and half will receive a placebo.

They were well ahead of the game, because they have a couple of geniuses working for them. I saw an interview with one of them back in March, and one of them said they will be using smart molecules or nano bits on the existing SARS vaccine, and training the nano bits to block the RNA receptors so that the virus won't be able to reproduce.

They said on the local news today that Moderna hopes to have a working vaccine by the end of December.

I posted about this to SW last week. The US company, is one of at least a half dozen companies, with credible vaccine candidates. The UK has one has well. The reason why these companies moved so fast, is that they had been working on SARS/MERS vaccines, and they had already cleared the preliminaries that usually take years to go through, before you can proceed to human clinical testing.

In this case, the advantage the US company has, is that they got $500M funding, to build the infrastructure, they need, for phases II and III, when typically funding for phase II comes, after you prove that phase I was successful, so they can proceed immediately to phase II and phase III, as they have what they need.

Not sure the UK vaccine candidate has this kind of funding, but another German/US candidate does, and at least a couple of other candidates do as well.

This is a summary, the details are a bit more involved.

U.S. medical news is big and right now there's not a whole lot to feel 'happy about' in that regard.

American drug companies are all claiming to be 'nearly ready' and on top of that you currently have Bill Gates (no less) travelling the world telling everyone who'll listen that his 'foundation' has been looking at this for years..."

Not to mention a U.S. President desperate for good news of any kind right now.

Hence, as usual, everything is over-hyped.

So the BBC is right to let you know of the 'story'. But right now, that's all it is.

way too premature. Even of they were on the human trial stage it would take at least 6 months just for extra studies not to mention fabrication and distribution.

Could be true, being close could mean anything. Fuck it they're closer than last week so it's true to that extent.

But don't judge anything by the us stock market it's fickle and will rise and fall based on nearly anything

The US stock market rose the other day, yes, but not by much. It's said to have been bolstered by positive vaccine news. Thing is, while the news is positive, it's exceedingly early in the process. 8 people are bring tested with a promising vaccine and have been shown to develop antibodies against the virus. However, this is a non-vetted initial phase. To take it trough phase 3 will still take 12-18 months. And that's if it keeps offering positive results.

It’s too soon to make anything of that yet. The U.K. BBC is wise not to start getting folks’ hopes up until there’s more solid info.