Sunday, May 13, 2018

Sunday Night Futures

by Bill McBride on 5/13/2018 07:16:00 PM

Weekend:
Schedule for Week of May 13, 2018

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 7, and DOW futures are up 71 (fair value).

Oil prices were up over the last week with WTI futures at $70.65 per barrel and Brent at $77.07 per barrel.  A year ago, WTI was at $46, and Brent was at $47 - so oil prices are up about 50%+ year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.87 per gallon. A year ago prices were at $2.32 per gallon - so gasoline prices are up 55 cents per gallon year-over-year.