Sunday Night Futures
• Schedule for Week of May 9, 2021
• Second Home Market: South Lake Tahoe in April
• North Texas Real Estate in April: Sales Up 33% YoY, Inventory Down 65% YoY
• No major economic releases scheduled.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 4, and DOW futures are up 34 (fair value).
Oil prices were up over the last week with WTI futures at $65.41 per barrel and Brent at $68.88 per barrel. A year ago, WTI was at $24, and Brent was at $25 - so WTI oil prices are UP sharply year-over-year (oil prices collapsed at the beginning of the pandemic).
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.95 per gallon. A year ago prices were at $1.83 per gallon, so gasoline prices are up $1.12 per gallon year-over-year.