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Now that the 2020 Presidential election is behind us, we can now turn our attention back to the third quarter earnings cycle as it starts to wind down. The Biden victory and additional legalizations of marijuana at state levels should provide a boost to some pot stocks, which will announce earnings during the week. Additionally, the earnings release from Walt Disney will capture headlines as the company shifts its focus to streaming services.
The week is light on economic data as the Veterans’ Day holiday is observed. However, small-business and consumer confidence measures will be noteworthy, as will the consumer price index release.
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