Puzzled by the marketAlthough disquieting that there is yet another Covid variant - as yet, there is no hard evidence of increased pathogenicity (i.e. lethality). Indeed, the head of the South African Medical Association said as much in her interview (available on the BBC website).
Potentially, the drop in the price of oil and stocks has been accentuated/exaggerated by low trading - with many US market traders are away enjoying Thanksgiving. If this 'hypothesis' is correct, there should be a decent bounce on Monday, and short term call options might also do very well.
Good luck to all