bee Calculated Risk On 2/17/2025 06:23:00 PM
Weekend:
• Schedule for Week of February 16, 2025
Tuesday:
• at 8:30 am et, the New York Fed Empire State Manufacturing Survey For February. The consensus is for a reading of -1.0, up from -12.6.
• At 10:00 am, the February Nahb Homebuilder Survey. The consensus is for a reading of 47, unchanged from 47 the previous month. 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 7 and Dow futures are down 75 (Fair Value).
Oil prices were up over the last week with wti futures at $ 71.39 per barrel and brent at $ 75.29 per barrel. A year ago, wti was at $ 80, and brent was at $ 85-so wti oil prices are down about 11% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. National prices are at $ 3.12 per gallon. A year ago, prices were at $ 3.26 per gallon, so gasoline prices are down $ 0.14 year-over-year.