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Ryan Nauman's Weekly Recap: COVID-19 Market Edition 10.26.20

The week ahead marks the last week before the Presidential election, and it will be busy, particularly for earnings releases. The majority of the famed “FAANG” stocks (Facebook, Apple, Amazon.com & Google (Alphabet)) will report their much-anticipated earnings. As for economic data, the red-hot housing market will be on display, with new and pending home sales. We will also see how confident consumers are, as coronavirus cases continue to increase, and we march closer to the election. Finally, business optimism has picked up, which has been evident in an increase in durable goods spending, and we will find out if the spending continued in September.

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Ryan Nauman

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