Broad Equity Market Tone:
- Advance/Decline Line: Lower
- Sector Performance: Mixed
- Volume: Slightly Above Average
- Market Leading Stocks: Underperforming
Equity Investor Angst:
- Volatility(VIX) 21.63 -3.05%
- Euro/Yen Carry Return Index 131.74 -.69%
- Emerging Markets Currency Volatility(VXY) 12.57 -1.72%
- S&P 500 Implied Correlation 61.91 -3.70%
- ISE Sentiment Index 115.0 +22.34%
- Total Put/Call 1.14 unch.
- NYSE Arms 1.49 +143.91%
Credit Investor Angst:
- North American Investment Grade CDS Index 116.23 -.60%
- America Energy Sector High-Yield CDS Index 2,241.0 -2.31%
- European Financial Sector CDS Index 117.0 +3.54%
- Western Europe Sovereign Debt CDS Index 32.18 -10.16%
- Asia Pacific Sovereign Debt CDS Index 78.14 +.81%
- Emerging Market CDS Index 379.56 -.69%
- iBoxx Offshore RMB China Corporate High Yield Index 123.24 +.12%
- 2-Year Swap Spread 7.25 +1.75 basis points
- TED Spread 31.75 -.5 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -23.5 unch.
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 68.52 -.23%
- 3-Month T-Bill Yield .30% unch.
- Yield Curve 105.0 -2.0 basis points
- China Import Iron Ore Spot $47.14/Metric Tonne +1.70%
- Citi US Economic Surprise Index -44.8 +2.6 points
- Citi Eurozone Economic Surprise Index -31.60 -.5 point
- Citi Emerging Markets Economic Surprise Index -7.4 +1.7 points
- 10-Year TIPS Spread 1.26% -3.0 basis points
- 9.8% chance of Fed rate hike at April 27 meeting, 17.0% chance at June 15 meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating -116 open in Japan
- China A50 Futures: Indicating -37 open in China
- DAX Futures: Indicating +1 open in Germany
Portfolio:
- Slightly Lower: On losses in my biotech sector longs
- Disclosed Trades: None
- Market Exposure: 50% Net Long
No comments:
Post a Comment