Reply To: Traders Market Weekly: Thanksgiving, a Time for Reflection

#47571
Truman
Participant

Tuesday – November 15

All day – Watch Digital World Acquisition Corp. (DWAC) with former President Donald Trump scheduled to make an announcement. Traders could speculate on the SPAC stock before and after the evening announcement.

Winnebago Industries (WGO), BRP Group (BRP) and Lemonade (LMND) will all hold Investor Day events.

SPAC deals will be in focus with Tiga Acquisition (TINV) shareholders voting on the deal to take social networking app Grindr public and Frazier Lifesciences Acquisition Corporation (FLAC) shareholders voting on the deal to take biotech firm NewAmsterdam Pharma public.

7:30 a.m. The October Producer Price Index will be closely watched after the CPI report showed some moderation in inflation. Core PPI is forecast to increase 0.4% month-over-month with the annual rate stepping down to +8.3% from +8.5% in September.

8:00 a.m. The Walmart (WMT) earnings conference call could have implications for the broad grocery store sector if the retailer tips that it is less aggressive on taking pricing.

9:00 a.m. Philadelphia Federal Reserve Bank President Patrick Harker to speak on the economic outlook before the Global Interdependence Center 40th Annual Monetary & Trade Conference and Global Citizen Award Ceremony.

10:00 a.m. Planet Fitness (PLNT) will host an Investor Day with presentations from the senior executive leadership team on the company’s strategic vision, operating and growth strategy, and multi-year financial targets.