Broad Equity Market Tone:
- Advance/Decline Line: Higher
- Sector Performance: Mixed
- Volume: Heavy
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 41.1 -2.1%
- Euro/Yen Carry Return Index 120.27 -.54%
- Emerging Markets Currency Volatility(VXY) 11.4 -2.4%
- S&P 500 Implied Correlation 77.6 +.75%
- ISE Sentiment Index 108.0 -29.0 points
- Total Put/Call .87 -4.4%
- NYSE Arms .78 -20.4%
Credit Investor Angst:
- North American Investment Grade CDS Index 92.98 -2.6%
- America Energy Sector High-Yield CDS Index 1,320.0 +18.5%
- European Financial Sector CDS Index 10414 -3.5%
- Italian/German 10Y Yld Spread 241.0 -7.5 basis points
- Asia Ex-Japan Investment Grade CDS Index 123.71 -.06%
- Emerging Market CDS Index 356.91 +.09%
- iBoxx Offshore RMB China Corporate High Yield Index 165.34 -.54%
- 2-Year Swap Spread 17.5 -2.25 basis points
- TED Spread 94.0 -7.0 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap 30.5 -5.5 basis points
- MBS 5/10 Treasury Spread 128.0 -2.0 basis points
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 57.80 +.07%
- 3-Month T-Bill Yield .08% -2.0 basis points
- Yield Curve 40.0 +4.0 basis points
- China Iron Ore Spot 81.42 USD/Metric Tonne -.1%
- Citi US Economic Surprise Index -133.30 -.2 point
- Citi Eurozone Economic Surprise Index -202.20 -170.3 point
- Citi Emerging Markets Economic Surprise Index -2.50 +5.3 points
- 10-Year TIPS Spread 1.05 -1.0 basis point
- n/a chance of no change at April 29th meeting, n/a chance of no change at June 10th meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +26 open in Japan
- China A50 Futures: Indicating -33 open in China
- DAX Futures: Indicating -105 open in Germany
Portfolio:
- Slightly Higher: On gains in my biotech/tech/industrial/medical sector longs
- Disclosed Trades: Added to my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 25% Net Long
No comments:
Post a Comment