- Bloomberg Emerging Markets Currency Index 39.2 -.06%
- 3-Month T-Bill Yield 5.41% +1.0 basis point
- China Iron Ore Spot 118.7 USD/Metric Tonne +.7%
- Dutch TTF Nat Gas(European benchmark) 29.0 euros/megawatt-hour +2.1%
- Citi US Economic Surprise Index 20.1 -8.3 points
- Citi Eurozone Economic Surprise Index 32.7 +3.1 points
- Citi Emerging Markets Economic Surprise Index 30.6 -1.5 points
- S&P 500 Current Quarter EPS Growth Rate YoY(138 of 500 reporting) +4.8% -2.0 percentage points
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 252.43 -.23: Growth Rate +13.2% -.1 percentage point, P/E 20.0 unch.
- S&P 500 Current Year Estimated Profit Margin 12.82% -2.0 basis points
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(2 of 10 reporting) -6.4% -85.0 percentage points
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 316.27 +.49: Growth Rate +31.6% +.1 percentage point, P/E 30.3 +.1
- Bloomberg US Financial Conditions Index .98 +2.0 basis points
- Bloomberg Euro-Zone Financial Conditions Index .78 +10.0 basis points
- US Yield Curve -28.5 basis points (2s/10s) +4.25 basis points
- US Atlanta Fed 1Q GDPNow Forecast +2.7% -20.0 basis points
- US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 42.2% -.1 percentage point
- Cleveland Fed Inflation Nowcast Core PCE YoY +2.74% unch.: CPI YoY +3.49% +3.0 basis points
- 10-Year TIPS Spread 2.41 +1.0 basis point
- Highest target rate probability for June 12th FOMC meeting: 83.1%(+1.9 percentage points) chance of 5.25%-5.5%. Highest target rate probability for July 31st meeting: 55.6%(+3.0 percentage points) chance of 5.25%-5.5%.
Overseas Futures:
- Nikkei 225 Futures: Indicating -290 open in Japan
- China A50 Futures: Indicating -11 open in China
- DAX Futures: Indicating +200 open in Germany
Portfolio:
- Slightly Lower: On losses in my industrial/consumer discretionary sector longs
- Disclosed Trades: Added to my (IWM)/(QQQ) hedges
- Market Exposure: Moved to 75% Net Long
No comments:
Post a Comment