Sunday, March 07, 2021

Sunday Night Futures

by Calculated Risk on 3/07/2021 09:37:00 PM

Weekend:
Schedule for Week of March 7, 2021

The Employment Situation is Far Worse than the Unemployment Rate Indicates

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 22 and DOW futures are up 216 (fair value).

Oil prices were up over the last week with WTI futures at $67.31 per barrel and Brent at $70.53 per barrel. A year ago, WTI was at $31, and Brent was at $35 - so WTI oil prices are UP more than double year-over-year (oil prices collapsed at the beginning of the pandemic).

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.77 per gallon. A year ago prices were at $2.36 per gallon, so gasoline prices are up $0.41 per gallon year-over-year.