Sunday, April 12, 2020

Sunday Night Futures

by Calculated Risk on 4/12/2020 07:05:00 PM

Schedule for Week of April 12, 2020

Four High Frequency Indicators for the Eventual Recovery

• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 32 and DOW futures are down 250 (fair value).

Oil prices were down over the last week with WTI futures at $22.61 per barrel and Brent at $31.30 barrel.  A year ago, WTI was at $64, and Brent was at $72 - so oil prices are down about 60% year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $1.83 per gallon. A year ago prices were at $2.83 per gallon, so gasoline prices are down $1.00 per gallon year-over-year.