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Sunday Night Futures

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Weekend:
• Schedule for Week of March 17, 2019

• FOMC Preview

Monday:
• 10:00 AM, The March NAHB homebuilder survey. The consensus is for a reading of  63, up from 62.  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 up slightly over the last week with WTI futures at .39 per barrel and Brent at .07 per barrel.  A year ago, WTI was at , and Brent was at – so WTI oil prices are down less than 10% year-over-year, and Brent is up slightly.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at .54 per gallon. A year ago prices were at .54 per gallon, so gasoline prices are unchanged year-over-year.
Calculated Risk

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