Broad Equity Market Tone:
- Advance/Decline Line: Modestly Lower
- Sector Performance: Mixed
- Volume: Light
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 9.91 +7.83%
- Euro/Yen Carry Return Index 137.83 +.07%
- Emerging Markets Currency Volatility(VXY) 7.96 +2.45%
- S&P 500 Implied Correlation 18.87 +17.3%
- ISE Sentiment Index 102.0 -10.5%
- Total Put/Call .83 unch.
- NYSE Arms .82 +5.57%
Credit Investor Angst:
- North American Investment Grade CDS Index 54.20 +1.24%
- America Energy Sector High-Yield CDS Index 399.0 -.48%
- European Financial Sector CDS Index 60.2 +1.79%
- Western Europe Sovereign Debt CDS Index 5.43 -.28%
- Asia Pacific Sovereign Debt CDS Index 16.42 -8.78%
- Emerging Market CDS Index 178.82 +1.17%
- iBoxx Offshore RMB China Corporate High Yield Index 141.87 -.26%
- 2-Year Swap Spread 27.5 +.25 basis point
- TED Spread 28.75 +.75 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -39.75 -7.75 basis points
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 73.36 -.30%
- 3-Month T-Bill Yield 1.06% unch.
- Yield Curve 86.0 unch.
- China Import Iron Ore Spot $62.24/Metric Tonne +1.24%
- Citi US Economic Surprise Index 3.40 -9.8 points
- Citi Eurozone Economic Surprise Index 45.80 +4.3 points
- Citi Emerging Markets Economic Surprise Index 17.90 +.8 basis point
- 10-Year TIPS Spread 1.88 +1.0 basis point
- 79.1% chance of Fed rate hike at Dec. 13 meeting, 79.9% chance at Jan. 31 meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +5 open in Japan
- China A50 Futures: Indicating +403 open in China
- DAX Futures: Indicating -6 open in Germany
Portfolio:
- Slightly Higher: On gains in my tech/medical sector longs
- Disclosed Trades: None
- Market Exposure: 100% Net Long
No comments:
Post a Comment