Broad Equity Market Tone:
- Advance/Decline Line: Substantially Higher
- Sector Performance: Almost Every Sector Rising
- Volume: Below Average
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 13.6 -1.5%
- Euro/Yen Carry Return Index 130.70 +.08%
- Emerging Markets Currency Volatility(VXY) 8.06 -.62%
- S&P 500 Implied Correlation 39.14 -2.05%
- ISE Sentiment Index 88.0 +33.3%
- Total Put/Call .86 -14.0%
- NYSE Arms .76 -26.2%
Credit Investor Angst:
- North American Investment Grade CDS Index 58.27 -2.34%
- America Energy Sector High-Yield CDS Index 511.0 -2.52%
- European Financial Sector CDS Index 71.66 -1.45%
- Italian/German 10Y Yld Spread 248.75 +.25 basis point
- Asia Ex-Japan Investment Grade CDS Index 67.15 -.96%
- Emerging Market CDS Index 168.75 -.99%
- iBoxx Offshore RMB China Corporate High Yield Index 159.54 +.12%
- 2-Year Swap Spread 12.25 +.25 basis point
- TED Spread 17.75 +.75 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -8.75 -1.75 basis points
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 67.66 +.08%
- 3-Month T-Bill Yield 2.44% +1.0 basis point
- Yield Curve 15.75 +.5 basis point
- China Iron Ore Spot 83.53 USD/Metric Tonne +1.54%
- Citi US Economic Surprise Index -33.20 +6.2 points
- Citi Eurozone Economic Surprise Index -35.30 +6.8 points
- Citi Emerging Markets Economic Surprise Index -24.60 +1.4 points
- 10-Year TIPS Spread 1.92 +2.0 basis points
- 0.0% chance of Fed rate hike at May 1st meeting, 0.0% chance at June 19th meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating -5 open in Japan
- China A50 Futures: Indicating +26 open in China
- DAX Futures: Indicating +7 open in Germany
Portfolio:
- Higher: On gains in my retail/biotech/tech/medical/industrial sector longs
- Disclosed Trades: None
- Market Exposure: 100% Net Long
No comments:
Post a Comment