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Sunday, May 23, 2021

Sunday Night Futures

by Calculated Risk on 5/23/2021 07:00:00 PM

Weekend:
Schedule for Week of May 23, 2021

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

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

Oil prices were down over the last week with WTI futures at $63.73 per barrel and Brent at $66.55 per barrel. A year ago, WTI was at $33, and Brent was at $34 - so WTI oil prices are UP almost 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 $3.03 per gallon. A year ago prices were at $1.95 per gallon, so gasoline prices are up $1.08 per gallon year-over-year.