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Sunday Night Futures

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by Calculated Risk on 1/02/2022 06:36:00 PM

Weekend:
o Schedule for Week of January 2, 2022

Monday:
o At 8:00 AM ET, Corelogic House Price index for November (might be Tuesday).

o At 10:00 AM, Construction Spending for November. The consensus is for a 0.6% increase in construction spending.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 futures are up 18 and DOW futures are up 128 (fair value).

Oil prices were up over the last week with WTI futures at $75.82 per barrel and Brent at $78.34 per barrel. A year ago, WTI was at $48, and Brent was at $51 – so WTI oil prices are up 50% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.26 per gallon. A year ago prices were at $2.24 per gallon, so gasoline prices are up $1.02 per gallon year-over-year.

Lawler: More on the CoreLogic Home Investor Activity Report

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