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Sunday, December 17, 2023

Sunday Night Futures

by Calculated Risk on 12/17/2023 06:11:00 PM

Weekend:
Schedule for Week of December 17, 2023

Monday:
• At 10:00 AM ET, The December NAHB homebuilder survey. The consensus is for a reading of 37, up from 34. Any number below 50 indicates that more builders view sales conditions as poor than good.

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

Oil prices were up over the last week with WTI futures at $71.43 per barrel and Brent at $76.55 per barrel. A year ago, WTI was at $74, and Brent was at $80 - so WTI oil prices were down 5% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.04 per gallon. A year ago, prices were at $3.10 per gallon, so gasoline prices are down $0.06 year-over-year.