Broad Equity Market Tone:
- Advance/Decline Line: Substantially Higher
- Sector Performance: Almost Every Sector Rising
- Volume: Above Average
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 37.8 -8.3%
- Euro/Yen Carry Return Index 121.98 +.03%
- Emerging Markets Currency Volatility(VXY) 11.15 -1.85%
- S&P 500 Implied Correlation 71.66 -7.5%
- ISE Sentiment Index 46.0 -127.0 points
- Total Put/Call 1.0 +9.89%
- NYSE Arms 2.0 +96.1%
Credit Investor Angst:
- North American Investment Grade CDS Index 80.73 -3.16%
- America Energy Sector High-Yield CDS Index 1,110.0 -3.24%
- European Financial Sector CDS Index 93.94 +.67%
- Italian/German 10Y Yld Spread 216.25 +24.25 basis points
- Asia Ex-Japan Investment Grade CDS Index 116.69 -5.18%
- Emerging Market CDS Index 313.20 +1.94%
- iBoxx Offshore RMB China Corporate High Yield Index 158.26 +.49%
- 2-Year Swap Spread 21.0 -1.0 basis points
- TED Spread 105.0 +2.5 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap 46.75 +9.5 basis points
- MBS 5/10 Treasury Spread 124.0 +3.0 basis points
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 59.04 +.11%
- 3-Month T-Bill Yield .16% -4.0 basis points
- Yield Curve 51.25 +2.25 basis points
- China Iron Ore Spot 83.95 USD/Metric Tonne +.45%
- Citi US Economic Surprise Index -84.1 -2.3 points
- Citi Eurozone Economic Surprise Index -61.60 -.2 point
- Citi Emerging Markets Economic Surprise Index 12.0 +2.4 points
- 10-Year TIPS Spread 1.29 +3.0 basis points
- 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 -44 open in Japan
- China A50 Futures: Indicating -119 open in China
- DAX Futures: Indicating +2 open in Germany
Portfolio:
- Higher: On gains in my consumer staple/tech/biotech/medical/industrial sector longs
- Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 75% Net Long
No comments:
Post a Comment