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Sunday, June 13, 2021

Sunday Night Futures

by Calculated Risk on 6/13/2021 07:52:00 PM

Weekend:
Schedule for Week of June 13, 2021

Monday:
• No major economic releases scheduled.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 5 and DOW futures are up 36 (fair value).

Oil prices were up over the last week with WTI futures at $70.99 per barrel and Brent at $72.80 per barrel. A year ago, WTI was at $36, and Brent was at $39 - 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 $3.08 per gallon. A year ago prices were at $2.09 per gallon, so gasoline prices are up $0.99 per gallon year-over-year.