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


Thursday – November 17

Minneapolis Federal Reserve Bank President Neel Kashkari will moderate a panel discussion with Federal Reserve Board Governor Philip Jefferson at the Minneapolis Fed’s Fall 2022 Institute Research Conference. Bullard, Bowman, and Mester are also on the Fed speaker calendar.

Shareholders with ACE Convergence Acquisition Corp. (ACEV) will vote on the SPAC deal to take software-accelerated electronics manufacturer Tempo Automation public.

Binance CEO Changpeng Zhao is scheduled to give a talk at TechCrunch Sessions Crypto. Cryptocurrency exchange Binance recently pulled out of its initial offer to acquire the non-U.S. business of troubled rival FTX. Traders could be looking for more assurances on Binance’s use of a secure fund to hold binance coin (BNB-USD), stablecoin binance USD (BUSD-USD) and bitcoin (BTC-USD) for users.

1:00 p.m. General Motors Company (GM) will host an Investor Day event. Citi expects the event to be a positive catalyst for shares as it could provide much-needed clarity across the key fronts of growth and resilience. “If investors can walk away feeling better about 2023 macro resilience and with more granularity across several imminent growth levers, we think the stock can work from here,” previewed the firm.

2:00 p.m. Procter & Gamble Company (PG) will webcast its P&G Investor Day 2022 from Cincinnati, Ohio. The event has prompted analyst upgrades in the past.