Economic Gauges:
- Bloomberg Emerging Markets Currency Index 36.9 +.52%
- 3-Month T-Bill Yield 4.29% unch.
- China Iron Ore Spot 97.3 USD/Metric Tonne +.7%
- Dutch TTF Nat Gas(European benchmark) 47.3 euros/megawatt-hour -4.6%
- Citi US Economic Surprise Index 2.4 -3.3 points
- Citi Eurozone Economic Surprise Index -4.3 +9.1 points
- Citi Emerging Markets Economic Surprise Index .1 +1.6 points
- S&P 500 Current Quarter EPS Growth Rate YoY(19 of 500 reporting) +21.2% unch.
- S&P 500 Blended Forward 12 Months Mean EPS Estimate 272.67 +.38: Growth Rate +14.2% +.1 percentage point, P/E 22.1 +.3
- S&P 500 Current Year Estimated Profit Margin 12.57% unch.
- NYSE FANG+ Current Quarter EPS Growth Rate YoY(0 of 10 reporting) n/a
- NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 393.97 +.59: Growth Rate +25.7% +.2 percentage point, P/E 34.5 +.6
- Bloomberg US Financial Conditions Index .78 +12.0 basis points
- Bloomberg Euro-Zone Financial Conditions Index 1.50 +11.0 basis points
- US Yield Curve 34.25 basis points (2s/10s) +2.75 basis points
- US Atlanta Fed Q4 GDPNow Forecast +2.45% unch.
- US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 23.7% -1.2 percentage points
- Cleveland Fed Inflation Nowcast Core PCE YoY +2.87% unch.: CPI YoY +2.86% unch.
- 10-Year TIPS Spread 2.35 unch.
- Highest target rate probability for March 19th FOMC meeting: 54.5% (+2.7 percentage points) chance of 4.25%-4.5%. Highest target rate probability for May 7th meeting: 44.3%(-.8 percentage point) chance of 4.0%-4.25%. (current target rate is 4.25-4.5%)
Overseas Futures:
- Nikkei 225 Futures: Indicating +425 open in Japan
- China A50 Futures: Indicating -41 open in China
- DAX Futures: Indicating +42 open in Germany
Portfolio:
- Higher: On gains in my tech/financial/consumer discretionary/industrial sector longs
- Disclosed Trades: None
- Market Exposure: 100% Net Long
No comments:
Post a Comment