- Advance/Decline Line: Substantially Higher
- Sector Performance: Almost Every Sector Rising
- Volume: Below Average
- Market Leading Stocks: Outperforming
Equity Investor Angst:
- Volatility(VIX) 17.7 -5.5%
- Bloomberg Global Risk On/Risk Off Index 3,057.0 -4.0 points
- Euro/Yen Carry Return Index 134.4 -.1%
- Emerging Markets Currency Volatility(VXY) 9.9 unch.
- S&P 500 Implied Correlation 48.6 -4.3%
- ISE Sentiment Index 150.0 +62.0 points
- Total Put/Call .70 -12.5%
- NYSE Arms .62 -46.6%
Credit Investor Angst:
- North American Investment Grade CDS Index 51.68 -.23%
- US Energy High-Yield OAS 456.20 -.06%
- European Financial Sector CDS Index 59.43 -.27%
- Italian/German 10Y Yld Spread 102.0 -2.0 basis points
- Asia Ex-Japan Investment Grade CDS Index 78.19 -2.6%
- Emerging Market CDS Index 165.0 -1.63%
- China Corp. High-Yield Bond USD ETF(KCCB) 39.10 -.08%
- 2-Year Swap Spread 12.0 +.25 basis point
- TED Spread 17.25 +.5 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -5.0 -1.75 basis points
- MBS 5/10 Treasury Spread 64.5 -2.0 basis points
- IHS Markit CMBX BBB- 6 71.5 -.75 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 60.86 -.15%
- 3-Month T-Bill Yield .01% -1.0 basis point
- Yield Curve 142.0 -3.0 basis points
- China Iron Ore Spot 180.0 USD/Metric Tonne -.3%
- Citi US Economic Surprise Index 28.90 -2.7 points
- Citi Eurozone Economic Surprise Index 131.6 -2.4 points
- Citi Emerging Markets Economic Surprise Index 34.5 +.6 point
- 10-Year TIPS Spread 2.34 +2.0 basis points
- 88.4% chance of no change at June 16th meeting, 88.4% chance of no change at Sept. 22nd meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +352 open in Japan
- China A50 Futures: Indicating -20 open in China
- DAX Futures: Indicating +51 open in Germany
Portfolio:
- Higher: On gains in my tech/energy/industrial/biotech/medical sector longs
- Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 75% Net Long
No comments:
Post a Comment