by Calculated Risk on 11/14/2021 07:01:00 PM
Weekend:
o Schedule for Week of November 14, 2021
Monday:
o At 8:30 AM ET, The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of 20.1, up from 10.5.
From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 10 and DOW futures are up 67 (fair value).
Oil prices were down over the last week with WTI futures at $81.17 per barrel and Brent at $82.45 per barrel. A year ago, WTI was at $40, and Brent was at $42 – so WTI oil prices are up double year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.40 per gallon. A year ago prices were at $2.12 per gallon, so gasoline prices are up $1.28 per gallon year-over-year.
