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Sunday Night Futures

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Weekend:
Schedule for Week of December 18, 2022

Monday:
• At 10:00 AM ET, The December NAHB homebuilder survey. The consensus is for a reading of 33, unchanged from 33. 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 are up 8, and DOW futures are up 46 (fair value).

Oil prices were up over the last week with WTI futures at $74.29 per barrel and Brent at $79.04 per barrel. A year ago, WTI was at $71, and Brent was at $73 – 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 $3.09 per gallon. A year ago, prices were at $3.28 per gallon, so gasoline prices are down $0.19 per gallon year-over-year.

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