Broad Equity Market Tone:
- Advance/Decline Line: Higher
- Sector Performance: Mixed
- Volume: Around Average
- Market Leading Stocks: Outperforming
Equity Investor Angst:
- Volatility(VIX) 12.6 +1.3%
- Euro/Yen Carry Return Index 124.83 -.08%
- Emerging Markets Currency Volatility(VXY) 7.16 -.69%
- S&P 500 Implied Correlation 41.92 -5.0%
- ISE Sentiment Index 95.0 +15
- Total Put/Call 1.05 +25.0%
- NYSE Arms 1.48 +16.5%
Credit Investor Angst:
- North American Investment Grade CDS Index 52.03 +1.48%
- America Energy Sector High-Yield CDS Index 550.0 +1.93%
- European Financial Sector CDS Index 59.20 +.91%
- Italian/German 10Y Yld Spread 158.50 +4.0 basis points
- Asia Ex-Japan Investment Grade CDS Index 64.13 +.52%
- Emerging Market CDS Index 203.63 +.84%
- iBoxx Offshore RMB China Corporate High Yield Index 167.88 -.02%
- 2-Year Swap Spread -1.0 -2.0 basis points
- TED Spread 34.5 +.25 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -12.25 -.25 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 65.63 +.04%
- 3-Month T-Bill Yield 1.55% -1.0 basis point
- Yield Curve .19 -3.0 basis points
- China Iron Ore Spot 84.20 USD/Metric Tonne +.06%
- Citi US Economic Surprise Index -1.4 +4.3 basis points
- Citi Eurozone Economic Surprise Index -16.30 -2.5 points
- Citi Emerging Markets Economic Surprise Index -27.30 -.1 basis point
- 10-Year TIPS Spread 1.64 -1.0 basis point
- 21.7% chance of Fed rate cut at Jan. 29th meeting, 36.7% chance of cut at March 18th meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating -12 open in Japan
- China A50 Futures: Indicating -44 open in China
- DAX Futures: Indicating -13 open in Germany
Portfolio:
- Higher: On gains in my tech/biotech/medical sector longs
- Disclosed Trades: None
- Market Exposure: 100% Net Long
No comments:
Post a Comment