October 13, 2020 | technology | No Comments
- Broken record time as stimulus hopes continue to provide early market support
- Earnings season gets underway tomorrow with big banks beginning to report
- Big week for FAANGs as Amazon
AMZNPrime Day, Apple
AAPLevent coming up
If Wall Street had a seat belt sign, now’s when the captain would tell us to buckle up for possible turbulence ahead.
Even if earnings season didn’t begin tomorrow, there’s plenty to keep investors on their toes. Amazon’s (AMZN) Prime Day, Apple’s (AAPL) long-awaited product event, continued stimulus negotiations in Washington, and mounting virus cases in the U.S. and Europe all get mixed into the recipe.
Ordinarily, those ingredients would be enough for anyone, but this time it’s happening while investors and the entire world have one eye on polls three weeks ahead of the U.S. presidential election. Despite all this, volatility is the lowest since late