Sunday, December 20, 2020

Sunday Night Futures

by Calculated Risk on 12/20/2020 07:24:00 PM

Weekend:
Schedule for Week of December 20, 2020

Some thoughts on Housing Inventory

Monday:
• At 8:30 AM ET, Chicago Fed National Activity Index for November. This is a composite index of other data.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 8 and DOW futures are up 100 (fair value).

Oil prices were up over the last week with WTI futures at $48.39 per barrel and Brent at $51.57 barrel. A year ago, WTI was at $60, and Brent was at $69 - so WTI oil prices are down about 20% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.22 per gallon. A year ago prices were at $2.55 per gallon, so gasoline prices are down $0.33 per gallon year-over-year.