Sunday, November 04, 2018

Sunday Night Futures

by Bill McBride on 11/04/2018 07:00:00 PM

Weekend:
Schedule for Week of November 4, 2018

Goldman Sachs on Housing Slowdown

Monday:
• At 10:00 AM ET, the ISM non-Manufacturing Index for October.  The consensus is for a decrease to 59.4 from 61.6.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are down 6 and DOW futures are down 60 (fair value).

Oil prices were down over the last week with WTI futures at $63.00 per barrel and Brent at $72.70 per barrel.  A year ago, WTI was at $56, and Brent was at $64 - so oil prices are up about 13% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.74 per gallon. A year ago prices were at $2.52 per gallon, so gasoline prices are up 22 cents per gallon year-over-year.