Sunday, April 18, 2021

Sunday Night Futures

by Calculated Risk on 4/18/2021 07:38:00 PM

Weekend:
Schedule for Week of April 18, 2021

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are down 10 and DOW futures are down 75 (fair value).

Oil prices were up over the last week with WTI futures at $62.88 per barrel and Brent at $66.49 per barrel. A year ago, WTI were below zero, and Brent was at $17 - so WTI oil prices are UP sharply 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 $2.85 per gallon. A year ago prices were at $1.77 per gallon, so gasoline prices are up $1.08 per gallon year-over-year.