Broad Equity Market Tone:
- Advance/Decline Line: Modestly Lower
- Sector Performance: Mixed
- Volume: Around Average
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 11.15 -.8%
- Euro/Yen Carry Return Index 125.83 unch.
- Emerging Markets Currency Volatility(VXY) 9.28 -2.42%
- S&P 500 Implied Correlation 44.69 -.31%
- ISE Sentiment Index 93.0 +52.5%
- Total Put/Call .86 -3.37%
- NYSE Arms 1.20 -12.68%
Credit Investor Angst:
- North American Investment Grade CDS Index 61.67 +2.06%
- America Energy Sector High-Yield CDS Index 353.0 -1.81%
- European Financial Sector CDS Index 88.23 +1.08%
- Western Europe Sovereign Debt CDS Index 18.98 -5.1%
- Asia Pacific Sovereign Debt CDS Index 26.92 -1.98%
- Emerging Market CDS Index 207.44 -.09%
- iBoxx Offshore RMB China Corporate High Yield Index 135.59 unch.
- 2-Year Swap Spread 32.0 -1.25 basis points
- TED Spread 37.0 -2.5 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -25.5 -1.0 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 71.24 +.24%
- 3-Month T-Bill Yield .74% +2.0 basis points
- Yield Curve 119.0 unch.
- China Import Iron Ore Spot $89.80/Metric Tonne +.08%
- Citi US Economic Surprise Index 38.0 -.2 point
- Citi Eurozone Economic Surprise Index 59.10 -7.9 points
- Citi Emerging Markets Economic Surprise Index 55.70 +.9 point
- 10-Year TIPS Spread 2.03 unch.
- 96.4% chance of Fed rate hike at May 3 meeting, 97.9% chance at June 14 meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +21 open in Japan
- China A50 Futures: Indicating -3 open in China
- DAX Futures: Indicating +1 open in Germany
Portfolio:
- Slightly Lower: On losses in my in my retail/biotech sector longs
- Disclosed Trades: None
- Market Exposure: 75% Net Long
No comments:
Post a Comment