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Sunday Night Futures

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by Calculated Risk on 5/08/2022 06:40:00 PM

Weekend:
o Schedule for Week of May 8, 2022

Monday:
o At 2:00 PM ET, Senior Loan Officer Opinion Survey on Bank Lending Practices for April.

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are down 25 and DOW futures are down 170 (fair value).

Oil prices were up over the last week with WTI futures at $109.60 per barrel and Brent at $112.24 per barrel. A year ago, WTI was at $66 and Brent was at $69 – so WTI oil prices are up 70% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.31 per gallon. A year ago prices were at $2.95 per gallon, so gasoline prices are up $1.36 per gallon year-over-year.

Magical Trade

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