Broad Equity Market Tone:
- Advance/Decline Line: Substantially Higher
- Sector Performance: Most Sectors Rising
- Volume: Above Average
- Market Leading Stocks: Outperforming
Equity Investor Angst:
- Volatility(VIX) 22.4 +.9%
- Bloomberg Global Risk On/Risk Off Index 2,030.0 -20.0 points
- Euro/Yen Carry Return Index 130.50 -.11%
- Emerging Markets Currency Volatility(VXY) 10.4 -1.2%
- S&P 500 Implied Correlation 47.4 -3.6%
- ISE Sentiment Index 130.0 -3.0 points
- Total Put/Call .64 -24.7%
- NYSE Arms .61 -62.1%
Credit Investor Angst:
- North American Investment Grade CDS Index 50.0 -.15%
- US Energy High-Yield OAS 497.60 -1.37%
- European Financial Sector CDS Index 61.6 +2.5%
- Italian/German 10Y Yld Spread 119.0 +7.0 basis points
- Asia Ex-Japan Investment Grade CDS Index 61.23 -1.64%
- Emerging Market CDS Index 162.31 -1.71%
- iBoxx Offshore RMB China Corporate High Yield Index 184.76 -.38%
- 2-Year Swap Spread 6.5 -1.0 basis point
- TED Spread 15.75 +1.5 basis points
- 3-Month EUR/USD Cross-Currency Basis Swap -3.25 -.75 basis point
- MBS 5/10 Treasury Spread 72.0 -1.5 basis points
- IHS Markit CMBX BBB- 6 72.75 unch.
Economic Gauges:
- Bloomberg Emerging Markets Currency Index 62.86 +.51%
- 3-Month T-Bill Yield .08% unch.
- Yield Curve 95.75 -2.25 unch.
- China Iron Ore Spot 169.23 USD/Metric Tonne +3.34%
- Citi US Economic Surprise Index 52.20 -3.9 points
- Citi Eurozone Economic Surprise Index 162.90 -2.4 points
- Citi Emerging Markets Economic Surprise Index 63.9 +.4 point
- 10-Year TIPS Spread 2.09 +3.0 basis points
- 100.0% chance of no change at March 17th meeting, 100.0% chance of no change at April 28th meeting
Overseas Futures:
- Nikkei 225 Futures: Indicating +182 open in Japan
- China A50 Futures: Indicating +112 open in China
- DAX Futures: Indicating -8 open in Germany
Portfolio:
- Higher: On gains in my tech/biotech/energy/industrial sector longs
- Disclosed Trades: Added to my energy longs and took profits in my consumer staple longs
- Market Exposure: 75% Net Long
No comments:
Post a Comment