Sunday, February 11, 2018

Sunday Night Futures

by Bill McBride on 2/11/2018 09:13:00 PM

Weekend:
Schedule for Week of Feb 11, 2018

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 14, and DOW futures are up 129 (fair value).

Oil prices were down over the last week with WTI futures at $59.73 per barrel and Brent at $63.25 per barrel.  A year ago, WTI was at $53, and Brent was at $55 - so oil prices are up 10% to 15% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.57 per gallon. A year ago prices were at $2.28 per gallon - so gasoline prices are up 29 cents per gallon year-over-year.