1. Geopolitical Events. On Wednesday Federal Reserve St. Louis President James Bullard will participate in a monetary policy panel. Minneapolis President Neel Kashkari will speak at 7:30 a.m. EST followed by Philadelphia President Patrick Harker at 5:30 p.m. EST. On Thursday President Obama will attend the APEC Economic Cooperation Summit. Also, on Thursday Federal Reserve New York President William Dudley will speak at 9:50 a.m. EST. Federal Reserve Chicago President Charles Evans will speak at 2:45 p.m. EST. On Friday Federal Reserve St. Louis President James Bullard will speak at 5:00 a.m. EST. Federal Reserve Kansas City President Esther George will speak at 9:30 a.m. EST, as will Dallas President Rob Kaplan at 1:30 p.m. EST.
2. Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and PPI, industrial production, CPI, housing starts and leading indicators.
3. Earnings Releases. Notable releases include WMT CRM FL ANF.
Wednesday, November 16:
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October PPI is released at 8:30 a.m. EST and is expected to increase by 0.3%, the same as in September.
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October Industrial Production is released at 9:15 a.m. EST and is expected to rise to 0.2% from 0.1%.
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Principal Financial Group (PFG) holds their investor day and is a Type 1 Short Squeeze.
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A Schulman Inc. (SHLM) holds their investor day and is a Type 1 Short Squeeze.
Thursday, November 17:
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October CPI is due out at 8:30 a.m. EST and is expected to rise to 0.4% from 0.3%.
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October Housing Starts are due out at 8:30 a.m. EST and are expected to rise to 1,160,000 from 1,047,000.
Friday, November 18:
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October Leading Indicators are due out at 10:00 a.m. EST and are expected to fall to 0.1% from 0.2%.
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Proctor & Gamble (PG) holds their analyst day and is a Type 4 Long Squeeze.
