Sunday, August 13, 2017

Sunday Night Futures

by Bill McBride on 8/13/2017 07:45:00 PM

Weekend:
Schedule for Week of Aug 13, 2017

The Housing Bottom and Comparing Housing Recoveries

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 futures are up 7, and DOW futures are up 65 (fair value).

Oil prices were down over the last week with WTI futures at $48.84 per barrel and Brent at $52.09 per barrel.  A year ago, WTI was at $46, and Brent was at $47 - so oil prices are up about 5% to 10% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.34 per gallon - a year ago prices were at $2.13 per gallon - so gasoline prices are up 21 cents per gallon year-over-year.