Sunday, June 20, 2021

Sunday Night Futures

by Calculated Risk on 6/20/2021 08:45:00 PM

Weekend:
Schedule for Week of June 20, 2021

Homebuilder Comments in Mid-June: "Interest lists are shrinking slightly, Traffic down"

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

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 8 and DOW futures are down 63 (fair value).

Oil prices were up over the last week with WTI futures at $71.87 per barrel and Brent at $73.70 per barrel. A year ago, WTI was at $40, and Brent was at $42 - so WTI oil prices are UP about 75% 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 $3.05 per gallon. A year ago prices were at $2.14 per gallon, so gasoline prices are up $0.91 per gallon year-over-year.