by Calculated Risk on 9/18/2022 08:34:00 PM
o Schedule for Week of September 18, 2022
o At 10:00 AM ET, The September NAHB homebuilder survey. The consensus is for a reading of 47, down from 49 in August. 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 6 and DOW futures are up 63 (fair value).
Oil prices were down over the last week with WTI futures at $85.83 per barrel and Brent at $92.13 per barrel. A year ago, WTI was at $70, and Brent was at $73 – so WTI oil prices are up 23% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.64 per gallon. A year ago, prices were at $3.17 per gallon, so gasoline prices are up $0.47 per gallon year-over-year.