Broad Equity Market Tone:
- Advance/Decline Line: Lower
- Sector Performance: Mixed
- Volume: Below Average
- Market Leading Stocks: Performing In Line
Equity Investor Angst:
- Volatility(VIX) 17.9 +1.3%
- Bloomberg Global Risk On/Risk Off Index 3,095.0 -9.0 points
- Euro/Yen Carry Return Index 135.87 +.58%
- Emerging Markets Currency Volatility(VXY) 9.71 -.51%
- S&P 500 Implied Correlation 49.4 -.5%
- ISE Sentiment Index 99.0 -31.0 points
- Total Put/Call .65 unch.
- NYSE Arms 1.04 +22.4%
Credit Investor Angst:
- North American Investment Grade CDS Index 51.49 +.43%
- US Energy High-Yield OAS 446.21 -.97%
- European Financial Sector CDS Index 59.43 +1.2%
- Italian/German 10Y Yld Spread 107.0 +2.0 basis points
- Asia Ex-Japan Investment Grade CDS Index 82.87 -.56%
- Emerging Market CDS Index 168.87 +1.02%
- China Corp. High-Yield Bond USD ETF(KCCB) 3923 unch.
- 2-Year Swap Spread 10.75 -.5 basis point
- TED Spread 17.75 +1.0 basis point
- 3-Month EUR/USD Cross-Currency Basis Swap -4.25 -.5 basis point
- MBS 5/10 Treasury Spread 64.5 -2.25 basis points
- IHS Markit CMBX BBB- 6 71.25 -.25 basis point
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 60.90 -.02%
- 3-Month T-Bill Yield .01% unch.
- Yield Curve 141.0 unch.
- China Iron Ore Spot 188.0 USD/Metric Tonne +1 .1%
- Citi US Economic Surprise Index 44.20 +5.8 points
- Citi Eurozone Economic Surprise Index 130.1 -2.0 points
- Citi Emerging Markets Economic Surprise Index 42.8 +7.2 points
- 10-Year TIPS Spread 2.39 +3.0 basis points
- 89.4% chance of no change at June 16th meeting, 89.4% chance of no change at Sept. 22nd meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +62 open in Japan
- China A50 Futures: Indicating -43 open in China
- DAX Futures: Indicating +33 open in Germany
Portfolio:
- Slightly Higher: On gains in my medical/industrial/energy sector longs
- Disclosed Trades: None
- Market Exposure: 100% Net Long
No comments:
Post a Comment