Sunday, February 03, 2019

Sunday Night Futures

by Calculated Risk on 2/03/2019 10:40:00 PM

Weekend:
Schedule for Week of February 3, 2019

Lawler: Selected Operating Results from Large Publicly-Traded Home Builders

Monday:
• All day, Light vehicle sales for January. The consensus is for light vehicle sales to be 17.0 million SAAR in January, down from 17.2 million in December (Seasonally Adjusted Annual Rate).

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

Oil prices were up over the last week with WTI futures at $55.29 per barrel and Brent at $62.81 per barrel.  A year ago, WTI was at $65, and Brent was at $67 - so oil prices are down about 10% to 15% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.26 per gallon. A year ago prices were at $2.60 per gallon, so gasoline prices are down 34 cents per gallon year-over-year.