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Sunday, September 17, 2023

Sunday Night Futures

by Calculated Risk on 9/17/2023 06:31:00 PM

Weekend:
Schedule for Week of September 17, 2023

Monday:
• At 10:00 AM ET, The September NAHB homebuilder survey. The consensus is for a reading of 50, unchanged from 50 in August. Any number above 50 indicates that more builders view sales conditions as good than poor.

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

Oil prices were down over the last week with WTI futures at $90.77 per barrel and Brent at $93.93 per barrel. A year ago, WTI was at $86, and Brent was at $89 - so WTI oil prices are up 5% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.82 per gallon. A year ago, prices were at $3.65 per gallon, so gasoline prices are up $0.17 year-over-year.