Sunday, November 15, 2020

Sunday Night Futures

by Calculated Risk on 11/15/2020 09:59:00 PM

Weekend:
Schedule for Week of November 15, 2020

Monday:
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of 13.8, up from 10.5.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 23 and DOW futures are up 179 (fair value).

Oil prices were up over the last week with WTI futures at $40.47 per barrel and Brent at $43.04 barrel. A year ago, WTI was at $57, and Brent was at $62 - so WTI oil prices are down over 30% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.12 per gallon. A year ago prices were at $2.61 per gallon, so gasoline prices are down $0.49 per gallon year-over-year.