Tuesday, November 25, 2014

Stocks Slightly Higher into Final Hour on US Economic Data, Seasonal Strength, Short-Covering, Transport/Metal & Mining Sector Strength

Broad Equity Market Tone:
  • Advance/Decline Line: Slightly Lower
  • Sector Performance: Mixed
  • Volume: Light
  • Market Leading Stocks: Performing In Line
Equity Investor Angst:
  • Volatility(VIX) 12.55 -.55%
  • Euro/Yen Carry Return Index 153.58 -.03%
  • Emerging Markets Currency Volatility(VXY) 7.59 -.52%
  • S&P 500 Implied Correlation 30.38 unch.
  • ISE Sentiment Index 116.0 -9.38%
  • Total Put/Call 1.0 +28.21%
  • NYSE Arms 1.07 -25.57% 
Credit Investor Angst:
  • North American Investment Grade CDS Index 60.90 -.70%
  • European Financial Sector CDS Index 62.63 +.21%
  • Western Europe Sovereign Debt CDS Index 28.97 +.38%
  • Asia Pacific Sovereign Debt CDS Index 62.94 +1.35%
  • Emerging Market CDS Index 269.03 -.92%
  • China Blended Corporate Spread Index 322.79 -.59%
  • 2-Year Swap Spread 19.25 -3.0 basis points
  • TED Spread 22.75 -.5 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -8.0 +1.5 basis points
Economic Gauges:
  • 3-Month T-Bill Yield .02% +1 basis point
  • Yield Curve 175.0 -6.0 basis points
  • China Import Iron Ore Spot $69.58/Metric Tonne -1.19%
  • Citi US Economic Surprise Index 16.40 +3.0 points
  • Citi Eurozone Economic Surprise Index -23.70 +1.6 points
  • Citi Emerging Markets Economic Surprise Index .3 +.3 point
  • 10-Year TIPS Spread 1.86 -2.0 basis points
Overseas Futures:
  • Nikkei Futures: Indicating +19 open in Japan
  • DAX Futures: Indicating +13 open in Germany
Portfolio: 
  • Slightly Higher: On gains in my tech sector longs and emerging markets shorts
  • Disclosed Trades: None
  • Market Exposure: 50% Net Long

No comments: