Broad Equity Market Tone:
- Advance/Decline Line: Substantially Higher
- Sector Performance: Every Sector Rising
- Volume: Above Average
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 33.2 -7.7%
- Euro/Yen Carry Return Index 120.48 -.20%
- Emerging Markets Currency Volatility(VXY) 11.99 -1.7%
- S&P 500 Implied Correlation 68.7 -5.3%
- ISE Sentiment Index 72.0 +1.0 point
- Total Put/Call 1.03 +1.98%
- NYSE Arms .75 -31.2%
Credit Investor Angst:
- North American Investment Grade CDS Index 92.06 -1.84%
- America Energy Sector High-Yield CDS Index 882.0 unch.
- European Financial Sector CDS Index 102.27 -7.01%
- Italian/German 10Y Yld Spread 221.25 -10.0 basis points
- Asia Ex-Japan Investment Grade CDS Index 122.0 -1.39%
- Emerging Market CDS Index 366.69 unch.
- iBoxx Offshore RMB China Corporate High Yield Index 164.67 -.35%
- 2-Year Swap Spread 15.5 -1.0 basis point
- TED Spread 79.0 -13.0 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap 22.25 -8.25 basis points
- MBS 5/10 Treasury Spread 123.0 -6.0 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 57.70 -.02%
- 3-Month T-Bill Yield .10% unch.
- Yield Curve 39.75 +2.75 basis points
- China Iron Ore Spot 81.08 USD/Metric Tonne -.31%
- Citi US Economic Surprise Index -103.70 -1.9 points
- Citi Eurozone Economic Surprise Index -213.90 +6.2 points
- Citi Emerging Markets Economic Surprise Index 4.4 +4.6 points
- 10-Year TIPS Spread 1.17 +6.0 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 +72 open in Japan
- China A50 Futures: Indicating +67 open in China
- DAX Futures: Indicating +17 open in Germany
Portfolio:
- Higher: On gains in my biotech/tech/industrial/medical sector longs
- Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 75% Net Long
No comments:
Post a Comment