This week Pfizer announced that they will not have a vaccine ready to submit to the FDA until the third week of November. They also announced that they will have data on there trail by the end of October. This comes as many other vaccine candidates have been paused including Johnson and Johnson and AstraZeneca. With this new update, we now can expect to have a vaccine submitted by the end of November by either Moderna or Pfizer. So there will be no vaccine pre election. This week there was a town hall will President Trump and a separate one with Joe Biden. They both gave insight to there plan for the country if elected with responses to a host of different questions. Also Peloton announced this week that they are recalling 27k bikes due to defective pedals. As bikes are there main and most profitable seller, I feel as though this will impact there next earnings and deflate the bubble that was built by the increase of new customers do to lockdowns in March.
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