Broad Equity Market Tone:
- Advance/Decline Line: Lower
- Sector Performance: Most Sectors Declining
- Volume: Around Average
- Market Leading Stocks: Outperforming
Equity Investor Angst:
- Volatility(VIX) 20.27 +4.16%
- Euro/Yen Carry Return Index 137.81 +.05%
- Emerging Markets Currency Volatility(VXY) 8.55 -.23%
- S&P 500 Implied Correlation 42.15 -.64%
- ISE Sentiment Index 106.0 +15.22%
- Total Put/Call .82 -10.87%
- NYSE Arms 1.13 -.97%
Credit Investor Angst:
- North American Investment Grade CDS Index 53.76 +4.43%
- America Energy Sector High-Yield CDS Index 381.0 +.15%
- European Financial Sector CDS Index 54.52 +5.19%
- Italian/German 10Y Yld Spread 133.50 +5.5 basis points
- Asia Pacific Sovereign Debt CDS Index 12.59 +1.61%
- Emerging Market CDS Index 124.64 +3.86%
- iBoxx Offshore RMB China Corporate High Yield Index 147.23 -.39%
- 2-Year Swap Spread 26.75 -.25 basis point
- TED Spread 27.75 unch.
- 3-Month EUR/USD Cross-Currency Basis Swap -33.0 -.5 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 75.56 -.56%
- 3-Month T-Bill Yield 1.60% unch.
- Yield Curve 66.25 -2.25 basis points
- China Iron Ore Spot 76.35 USD/Metric Tonne n/a
- Citi US Economic Surprise Index 48.80 -1.4 points
- Citi Eurozone Economic Surprise Index 23.60 -12.1 points
- Citi Emerging Markets Economic Surprise Index 4.20 +1.7 points
- 10-Year TIPS Spread 2.11 +1.0 basis point
- 100.0% chance of Fed rate hike at May 2 meeting, 100.0% chance at June 13 meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating -59 open in Japan
- China A50 Futures: Indicating +177 open in China
- DAX Futures: Indicating -49 open in Germany
Portfolio:
- Slightly Lower: On losses in my retail/medical/biotech sector longs
- Disclosed Trades: Added to my (IWM)/(QQQ) hedges and to my (EEM) short
- Market Exposure: Moved to 50% Net Long
No comments:
Post a Comment