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Sunday, November 17, 2019

Sunday Night Futures

by Calculated Risk on 11/17/2019 09:15:00 PM

Weekend:
Schedule for Week of November 17, 2019

Monday:
• At 10:00 AM ET, The November NAHB homebuilder survey. The consensus is for a reading of  71, unchanged from 71. 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 and DOW futures are down slightly (fair value).

Oil prices were down over the last week with WTI futures at $57.78 per barrel and Brent at $63.32 barrel.  A year ago, WTI was at $57, and Brent was at $65 - so oil prices are mostly unchanged year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.59 per gallon. A year ago prices were at $2.61 per gallon, so gasoline prices are mostly unchanged year-over-year.