Broad Equity Market Tone:
- Advance/Decline Line: Substantially Higher
- Sector Performance: Almost Every Sector Rising
- Volume: Above Average
- Market Leading Stocks: Outperforming
Equity Investor Angst:
- Volatility(VIX) 10.79 -.46%
- Euro/Yen Carry Return Index 126.82 +1.79%
- Emerging Markets Currency Volatility(VXY) 8.52 -.53%
- S&P 500 Implied Correlation 41.53 -.41%
- ISE Sentiment Index 96.0 +14.3%
- Total Put/Call .82 -21.90%
- NYSE Arms 1.12 +43.69%
Credit Investor Angst:
- North American Investment Grade CDS Index 62.73 -3.30%
- America Energy Sector High-Yield CDS Index 375.0 +1.44%
- European Financial Sector CDS Index 74.48 -4.48%
- Western Europe Sovereign Debt CDS Index 9.24 -3.35%
- Asia Pacific Sovereign Debt CDS Index 22.86 -.74%
- Emerging Market CDS Index 197.84 -1.25%
- iBoxx Offshore RMB China Corporate High Yield Index 137.13 +.09%
- 2-Year Swap Spread 33.0 -.25 basis point
- TED Spread 36.50 -.5 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -26.25 +.75 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 72.65 -.08%
- 3-Month T-Bill Yield .81% +3.0 basis points
- Yield Curve 106.0 +1.0 basis point
- China Import Iron Ore Spot $66.07/Metric Tonne -.69%
- Citi US Economic Surprise Index 7.30 +6.5 points
- Citi Eurozone Economic Surprise Index 50.90 -.5 point
- Citi Emerging Markets Economic Surprise Index 38.6 +1.2 points
- 10-Year TIPS Spread 1.92 +4.0 basis points
- 69.7% chance of Fed rate hike at June 14 meeting, 72.6% chance at July 26 meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +186 open in Japan
- China A50 Futures: Indicating +8 open in China
- DAX Futures: Indicating +40 open in Germany
Portfolio:
- Higher: On gains in my biotech/retail/tech/medical sector longs
- Disclosed Trades: None
- Market Exposure: 100% Net Long
No comments:
Post a Comment